IRS Income Data for Arcola, IL 61910
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 18% | 24% | 30% | 14% | 7% | 6% | 2% |
| Number of returns | 356 | 495 | 601 | 275 | 142 | 122 | 32 |
| Number of joint returns | 57 | 118 | 297 | 228 | 131 | 105 | 31 |
| Number of returns from paid preparer | 192 | 303 | 383 | 201 | 99 | 99 | 28 |
| Total number of exemptions | 354 | 864 | 1,482 | 872 | 404 | 364 | 99 |
| Total number of dependents | 42 | 151 | 264 | 161 | 66 | 56 | 14 |
| Adjusted gross income | $4,149 | $18,121 | $36,169 | $61,286 | $85,723 | $133,849 | $353,247 |
| Salaries and wages | $4,010 | $14,602 | $27,727 | $48,700 | $60,926 | $69,511 | $78,632 |
| Taxable interest | $264 | $448 | $868 | $1,133 | $1,819 | $3,887 | $27,679 |
| Ordinary dividends | $97 | $82 | $267 | $392 | $411 | $2,799 | $7,394 |
| Business or professional net income | $282 | $1,188 | $1,556 | $2,860 | $1,718 | $6,888 | $0 |
| Net capital gain | $-64 | $108 | $482 | $210 | $1,758 | $5,862 | $63,312 |
| Taxable individual retirement account distributions | $167 | $329 | $853 | $835 | $1,590 | $3,090 | $0 |
| Taxable pensions and annuities | $284 | $1,037 | $1,706 | $2,721 | $7,037 | $9,879 | $0 |
| Unemployment compensation | $90 | $330 | $194 | $380 | $299 | $0 | $0 |
| Taxable Social Security benefits | $0 | $29 | $838 | $1,836 | $3,568 | $3,932 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $540 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $765 | $2,245 | $3,907 | $5,280 | $13,915 | $24,266 |
| State and local income taxes | $0 | $12 | $137 | $417 | $654 | $2,735 | $9,111 |
| State and local general sales tax | $0 | $0 | $35 | $0 | $139 | $0 | $0 |
| Real estate taxes | $0 | $103 | $322 | $768 | $986 | $2,357 | $4,193 |
| Taxes paid | $0 | $92 | $501 | $1,266 | $1,743 | $5,193 | $13,723 |
| Mortgage interest paid | $0 | $139 | $532 | $1,237 | $1,441 | $3,399 | $0 |
| Contributions | $0 | $60 | $230 | $516 | $670 | $3,430 | $8,765 |
| Taxable income | $274 | $5,802 | $17,794 | $37,968 | $62,323 | $105,230 | $317,387 |
| Total tax credits | $0 | $69 | $393 | $1,023 | $893 | $575 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $34 | $304 | $861 | $679 | $448 | $0 |
| Child and dependent care credit | $0 | $0 | $22 | $29 | $78 | $0 | $0 |
| Earned income credit | $198 | $686 | $229 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $178 | $627 | $197 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $4,618 |
| Income tax | $27 | $567 | $1,728 | $4,075 | $7,914 | $18,079 | $67,260 |
| Total tax liability | $83 | $723 | $1,965 | $4,563 | $8,401 | $19,862 | $70,542 |
| Tax due at time of filing | $27 | $74 | $192 | $506 | $1,021 | $5,698 | $16,438 |
| Overpayments refunded | $-537 | $-1,755 | $-2,066 | $-2,266 | $-2,080 | $-2,800 | $0 |
| Total Tax Liability / AGI | 2% | 4% | 5% | 7% | 10% | 15% | 20% |
All numbers in the table are 2010 averages for that income class and zip code.
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