IRS Income Data for Fredericksburg, TX 78624
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 24% | 23% | 13% | 8% | 9% | 4% |
| Number of returns | 2,068 | 2,461 | 2,346 | 1,371 | 781 | 885 | 408 |
| Number of joint returns | 340 | 649 | 1,076 | 1,015 | 667 | 789 | 354 |
| Number of returns from paid preparer | 1,270 | 1,589 | 1,564 | 948 | 515 | 631 | 359 |
| Total number of exemptions | 2,075 | 4,274 | 4,824 | 3,300 | 1,926 | 2,265 | 1,087 |
| Total number of dependents | 240 | 733 | 779 | 484 | 262 | 307 | 149 |
| Adjusted gross income | $1,848 | $17,523 | $35,662 | $61,525 | $86,287 | $133,309 | $589,164 |
| Salaries and wages | $3,804 | $12,264 | $23,806 | $35,920 | $46,169 | $66,121 | $173,117 |
| Taxable interest | $822 | $973 | $1,550 | $2,766 | $3,194 | $5,767 | $26,621 |
| Ordinary dividends | $711 | $652 | $990 | $2,090 | $3,558 | $6,637 | $38,274 |
| Business or professional net income | $-413 | $1,613 | $2,236 | $3,221 | $4,190 | $8,408 | $21,433 |
| Net capital gain | $520 | $111 | $317 | $1,001 | $2,520 | $6,916 | $155,503 |
| Taxable individual retirement account distributions | $287 | $594 | $1,307 | $2,203 | $4,417 | $8,482 | $11,319 |
| Taxable pensions and annuities | $727 | $1,810 | $4,710 | $10,012 | $15,097 | $18,485 | $10,461 |
| Unemployment compensation | $0 | $59 | $67 | $64 | $107 | $0 | $0 |
| Taxable Social Security benefits | $0 | $124 | $1,522 | $4,656 | $6,178 | $7,227 | $6,188 |
| Self-employment retirement plans | $0 | $0 | $33 | $0 | $0 | $332 | $2,323 |
| Total itemized deductions | $2,261 | $2,025 | $4,189 | $7,363 | $10,200 | $18,061 | $56,413 |
| State and local income taxes | $11 | $7 | $22 | $71 | $134 | $310 | $2,079 |
| State and local general sales tax | $40 | $67 | $205 | $415 | $676 | $1,344 | $2,547 |
| Real estate taxes | $288 | $250 | $584 | $1,121 | $1,712 | $3,229 | $6,871 |
| Taxes paid | $399 | $328 | $827 | $1,632 | $2,548 | $4,968 | $13,418 |
| Mortgage interest paid | $660 | $454 | $1,248 | $2,380 | $3,804 | $6,223 | $10,592 |
| Contributions | $58 | $174 | $492 | $1,133 | $1,537 | $3,683 | $26,905 |
| Taxable income | $253 | $4,619 | $17,851 | $38,932 | $61,604 | $102,652 | $523,517 |
| Total tax credits | $1 | $67 | $315 | $596 | $648 | $531 | $1,008 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $33 | $236 | $451 | $420 | $253 | $0 |
| Child and dependent care credit | $0 | $6 | $19 | $31 | $48 | $48 | $0 |
| Earned income credit | $251 | $814 | $215 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $204 | $696 | $158 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $83 | $2,519 |
| Income tax | $31 | $419 | $1,797 | $4,563 | $7,933 | $17,241 | $129,142 |
| Total tax liability | $194 | $704 | $2,211 | $5,202 | $8,869 | $18,643 | $135,675 |
| Tax due at time of filing | $71 | $120 | $280 | $642 | $1,049 | $2,285 | $19,784 |
| Overpayments refunded | $-867 | $-1,851 | $-1,816 | $-2,024 | $-2,396 | $-3,040 | $-8,196 |
| Total Tax Liability / AGI | 11% | 4% | 6% | 8% | 10% | 14% | 23% |
All numbers in the table are 2010 averages for that income class and zip code.
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