IRS Income Data for Peoria, IL 61605
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 31% | 41% | 21% | 5% | 2% | 1% | 0% |
| Number of returns | 2,008 | 2,678 | 1,350 | 349 | 101 | 40 | 0 |
| Number of joint returns | 77 | 292 | 321 | 217 | 79 | 34 | 0 |
| Number of returns from paid preparer | 1,185 | 1,777 | 785 | 200 | 64 | 25 | 0 |
| Total number of exemptions | 3,370 | 5,903 | 3,046 | 840 | 259 | 98 | 0 |
| Total number of dependents | 956 | 1,678 | 736 | 152 | 44 | 14 | 0 |
| Adjusted gross income | $5,295 | $16,530 | $34,378 | $60,450 | $85,551 | $116,449 | |
| Salaries and wages | $4,606 | $14,290 | $29,701 | $47,810 | $71,805 | $92,930 | |
| Taxable interest | $44 | $141 | $287 | $758 | $508 | $639 | |
| Ordinary dividends | $13 | $29 | $72 | $254 | $54 | $0 | |
| Business or professional net income | $201 | $468 | $154 | $8 | $87 | $0 | |
| Net capital gain | $-5 | $5 | $45 | $74 | $-97 | $0 | |
| Taxable individual retirement account distributions | $45 | $82 | $266 | $913 | $1,695 | $0 | |
| Taxable pensions and annuities | $328 | $1,235 | $2,949 | $7,334 | $7,657 | $13,725 | |
| Unemployment compensation | $120 | $321 | $499 | $610 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $41 | $630 | $2,829 | $3,267 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $226 | $1,028 | $2,884 | $6,000 | $14,119 | |
| State and local income taxes | $0 | $4 | $70 | $280 | $717 | $1,560 | |
| State and local general sales tax | $0 | $6 | $24 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $13 | $92 | $315 | $625 | $1,197 | |
| Taxes paid | $0 | $26 | $181 | $645 | $1,727 | $2,915 | |
| Mortgage interest paid | $0 | $37 | $230 | $806 | $1,748 | $2,436 | |
| Contributions | $0 | $28 | $179 | $698 | $1,090 | $4,174 | |
| Taxable income | $71 | $3,217 | $18,048 | $41,007 | $63,344 | $88,549 | |
| Total tax credits | $0 | $78 | $523 | $582 | $728 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $55 | $436 | $495 | $595 | $0 | |
| Child and dependent care credit | $0 | $5 | $17 | $18 | $0 | $0 | |
| Earned income credit | $1,052 | $2,137 | $466 | $0 | $0 | $0 | |
| Excess earned income credit | $1,014 | $2,058 | $421 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $7 | $267 | $1,717 | $5,206 | $9,000 | $15,115 | |
| Total tax liability | $55 | $348 | $1,766 | $5,272 | $9,179 | $15,226 | |
| Tax due at time of filing | $5 | $16 | $87 | $214 | $508 | $700 | |
| Overpayments refunded | $-1,459 | $-3,474 | $-2,607 | $-2,284 | $-2,630 | $-2,665 | |
| Total Tax Liability / AGI | 1% | 2% | 5% | 9% | 11% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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