WEST BLOOMFIELD, MI 48322

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ZIP Code 48322 Income Tax Stats

Individual Income by ZIP Code -- Tax Statistics: 2008



48322 Income Tax Overview

Total Number of Tax Returns for ZIP Code 48322 [1] 15,097
Total Number of Joint Tax Returns for ZIP Code 48322 6,512
Total Number of Dependents for ZIP Code 48322 4,686
Total Adjusted Gross Income for ZIP Code 48322 1,385,468,172
Average Income per Person for ZIP Code 48322 $44,314

The following tables break down the Income Tax Statistics into different Gross Income levels.


Adjusted Gross Income: Under $10,000 [1]

Number of returns [1] 3,334
Number of joint returns 367
Number of returns with paid preparer's signature 2,317
Number of exemptions 2,619
Number of dependents 263
Adjust gross income (AGI) [2] $6,772,437
Salaries and wages $14,440,632
Taxable interest $3,193,718
Ordinary dividends $3,165,213
Business or professional net income (less loss) $67,215
Net capital gain (less loss) $896,349
Taxable individual retirement arrangements distributions $1,401,427
Taxable pensions and annuities $1,179,768
Unemployment compensation [3] $358,897
Taxable Social Security benefits $0
Self-employment retirement plans $0
Total itemized deductions [4] $9,966,040
State and local income taxes $587,516
State and local general sales tax $38,916
Real estate taxes $1,868,784
Taxes paid $2,700,529
Mortgage interest paid $3,638,844
Contributions $108,577
Taxable income $1,081,429
Total tax credits [5] $5,213
Residential energy tax credit $0
Child tax credit $0
Child and dependent care credit $0
Earned income credit [6] $439,881
Excess earned income credit (refundable) [7] $372,527
Alternative minimum tax $0
Income tax [8] $141,436
Total tax liability [9] $491,521
Tax due at time of filing [10] $198,650
Overpayments refunded [11] ($2,387,459)

Adjusted Gross Income: $10,000 under $25,000

Number of returns [1] 2,130
Number of joint returns 434
Number of returns with paid preparer's signature 1,523
Number of exemptions 3,214
Number of dependents 460
Adjust gross income (AGI) [2] $36,010,773
Salaries and wages $23,203,672
Taxable interest $2,415,905
Ordinary dividends $2,264,368
Business or professional net income (less loss) $2,935,605
Net capital gain (less loss) ($187,671)
Taxable individual retirement arrangements distributions $1,876,376
Taxable pensions and annuities $3,503,319
Unemployment compensation [3] $921,398
Taxable Social Security benefits $543,979
Self-employment retirement plans $0
Total itemized deductions [4] $9,241,442
State and local income taxes $396,286
State and local general sales tax $111,232
Real estate taxes $1,751,947
Taxes paid $2,362,849
Mortgage interest paid $3,244,876
Contributions $630,148
Taxable income $10,244,193
Total tax credits [5] $198,222
Residential energy tax credit $0
Child tax credit $21,699
Child and dependent care credit $6,438
Earned income credit [6] $1,190,626
Excess earned income credit (refundable) [7] $969,364
Alternative minimum tax $0
Income tax [8] $888,403
Total tax liability [9] $1,539,984
Tax due at time of filing [10] $301,876
Overpayments refunded [11] ($3,358,732)

Adjusted Gross Income: $25,000 under $50,000

Number of returns [1] 2,313
Number of joint returns 717
Number of returns with paid preparer's signature 1,608
Number of exemptions 4,218
Number of dependents 651
Adjust gross income (AGI) [2] $84,882,457
Salaries and wages $54,730,225
Taxable interest $4,712,866
Ordinary dividends $3,758,582
Business or professional net income (less loss) $4,616,212
Net capital gain (less loss) ($49,621)
Taxable individual retirement arrangements distributions $4,082,968
Taxable pensions and annuities $7,988,277
Unemployment compensation [3] $916,965
Taxable Social Security benefits $4,848,111
Self-employment retirement plans $100,146
Total itemized deductions [4] $21,331,077
State and local income taxes $1,536,955
State and local general sales tax $195,554
Real estate taxes $3,944,435
Taxes paid $5,963,452
Mortgage interest paid $7,668,629
Contributions $1,941,083
Taxable income $41,961,243
Total tax credits [5] $679,398
Residential energy tax credit $0
Child tax credit $293,965
Child and dependent care credit $41,594
Earned income credit [6] $292,435
Excess earned income credit (refundable) [7] $231,732
Alternative minimum tax $0
Income tax [8] $4,528,312
Total tax liability [9] $5,469,398
Tax due at time of filing [10] $614,342
Overpayments refunded [11] ($4,867,124)

Adjusted Gross Income: $50,000 under $75,000

Number of returns [1] 1,924
Number of joint returns 803
Number of returns with paid preparer's signature 1,331
Number of exemptions 3,918
Number of dependents 655
Adjust gross income (AGI) [2] $120,006,817
Salaries and wages $75,346,916
Taxable interest $5,073,531
Ordinary dividends $5,026,665
Business or professional net income (less loss) $5,007,292
Net capital gain (less loss) $958,444
Taxable individual retirement arrangements distributions $6,381,296
Taxable pensions and annuities $11,684,689
Unemployment compensation [3] $713,796
Taxable Social Security benefits $9,151,608
Self-employment retirement plans $188,292
Total itemized deductions [4] $27,510,431
State and local income taxes $3,011,614
State and local general sales tax $175,539
Real estate taxes $5,399,060
Taxes paid $8,949,257
Mortgage interest paid $10,414,794
Contributions $3,103,030
Taxable income $73,564,574
Total tax credits [5] $881,216
Residential energy tax credit $0
Child tax credit $599,209
Child and dependent care credit $42,455
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $19,607
Income tax [8] $9,798,793
Total tax liability [9] $10,779,813
Tax due at time of filing [10] $1,042,253
Overpayments refunded [11] ($5,212,018)

Adjusted Gross Income: $75,000 under $100,000

Number of returns [1] 1,467
Number of joint returns 926
Number of returns with paid preparer's signature 1,022
Number of exemptions 3,473
Number of dependents 581
Adjust gross income (AGI) [2] $127,065,990
Salaries and wages $82,050,416
Taxable interest $5,034,736
Ordinary dividends $4,874,178
Business or professional net income (less loss) $4,290,033
Net capital gain (less loss) $512,934
Taxable individual retirement arrangements distributions $5,666,696
Taxable pensions and annuities $11,319,677
Unemployment compensation [3] $505,346
Taxable Social Security benefits $8,884,342
Self-employment retirement plans $149,096
Total itemized deductions [4] $27,115,329
State and local income taxes $3,706,036
State and local general sales tax $140,822
Real estate taxes $5,251,617
Taxes paid $9,479,020
Mortgage interest paid $10,627,041
Contributions $3,239,757
Taxable income $84,311,628
Total tax credits [5] $969,562
Residential energy tax credit $0
Child tax credit $630,404
Child and dependent care credit $38,800
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $29,184
Income tax [8] $11,962,374
Total tax liability [9] $12,835,485
Tax due at time of filing [10] $1,184,540
Overpayments refunded [11] ($4,491,595)

Adjusted Gross Income: $100,000 under $200,000

Number of returns [1] 2,512
Number of joint returns 2,008
Number of returns with paid preparer's signature 1,715
Number of exemptions 6,941
Number of dependents 1,241
Adjust gross income (AGI) [2] $349,200,156
Salaries and wages $232,183,662
Taxable interest $14,954,215
Ordinary dividends $13,602,331
Business or professional net income (less loss) $14,120,136
Net capital gain (less loss) $3,348,067
Taxable individual retirement arrangements distributions $15,476,498
Taxable pensions and annuities $23,439,842
Unemployment compensation [3] $692,743
Taxable Social Security benefits $15,027,419
Self-employment retirement plans $1,030,017
Total itemized deductions [4] $69,476,524
State and local income taxes $13,315,195
State and local general sales tax $161,486
Real estate taxes $12,829,638
Taxes paid $27,185,318
Mortgage interest paid $24,658,343
Contributions $8,724,727
Taxable income $252,707,214
Total tax credits [5] $1,166,249
Residential energy tax credit $0
Child tax credit $584,337
Child and dependent care credit $104,977
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $618,225
Income tax [8] $45,400,487
Total tax liability [9] $47,875,434
Tax due at time of filing [10] $3,832,612
Overpayments refunded [11] ($8,994,532)

Adjusted Gross Income: $200,000 or more

Number of returns [1] 1,417
Number of joint returns 1,257
Number of returns with paid preparer's signature 1,143
Number of exemptions 4,453
Number of dependents 835
Adjust gross income (AGI) [2] $661,529,542
Salaries and wages $370,628,749
Taxable interest $23,023,726
Ordinary dividends $23,149,858
Business or professional net income (less loss) $38,841,890
Net capital gain (less loss) $30,659,480
Taxable individual retirement arrangements distributions $12,101,796
Taxable pensions and annuities $11,197,367
Unemployment compensation [3] $175,469
Taxable Social Security benefits $6,205,461
Self-employment retirement plans $4,131,995
Total itemized deductions [4] $89,411,487
State and local income taxes $34,269,789
State and local general sales tax $30,945
Real estate taxes $12,720,047
Taxes paid $47,954,921
Mortgage interest paid $21,364,977
Contributions $14,823,544
Taxable income $560,255,205
Total tax credits [5] $2,820,773
Residential energy tax credit $0
Child tax credit $0
Child and dependent care credit $59,875
Earned income credit [6] $0
Excess earned income credit (refundable) [7] $0
Alternative minimum tax $6,038,175
Income tax [8] $156,780,640
Total tax liability [9] $160,768,035
Tax due at time of filing [10] $19,134,144
Overpayments refunded [11] ($11,299,348)

[1] Includes returns with adjusted gross deficit.

[2] Less deficit.

[3] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's. This fund only applies to statistics in the U.S. totals, and the state of Alaska.

[4] "Itemized deductions" include any amounts reported by the taxpayer, even if they could not be used in computing "taxable income," the base on which the regular income tax was computed. Thus, total itemized deductions include amounts that did not have to be reported by taxpayers with no "adjusted gross income." (Adjusted gross income is the total from which these deductions would normally be subtracted.) In addition, if standard and itemized deductions were both reported on a tax return, the form of deduction actually used in computing income tax was the one used for the statistics. Therefore, if the standard deduction was the form of deduction used, the total reported for itemized deductions was excluded from the statistics. However, the component deductions were not similarly excluded. As a result, the number of returns and related amounts for the component deductions are slightly overstated in relation to the grand total shown for itemized deductions. These components are also overstated in relation to the total because there was a statutory limitation on the total of itemized deductions that could be claimed by certain high-income taxpayers. This limitation did not affect the component deductions, the sum of which therefore exceeded the total used in computing income tax.

[5] "Total tax credits" excludes the "earned income credit" which is shown separately.

[6] "Earned income credit" includes both the refundable and non-refundable portions. The non-refundable portion could reduce income tax and certain related taxes to zero. The earned income credit amounts in excess of total tax liability, or amounts when there was no tax liability at all, were refundable. See footnote 7 below for explanation of the refundable portion of the earned income credit.

[7] The refundable portion of the "earned income credit" equals "total income tax" minus the "earned income credit". If the result is negative, this amount is considered the refundable portion.

[8] "Income tax" is in general, the same as "income tax after credits" which was redefined in Tax Year 2000 to include the "alternative minimum tax (AMT)". Zip Code table "Income tax" differs from "total income tax" (in other tables) in that the Zip Code table "Income tax" is after the subtraction of all tax credits except the earned income credit. See footnote 6 and 7 above, for an explanation of the treatment of the earned income credit. "Income tax" reflects the amount reported on the tax return and is, therefore, before any examination or enforcement activities by the Internal Revenue Service. It represents the tax filer reported income tax liability that was payable to the U.S. Department of the Treasury.

[9] For the Zip Code tables, "Total tax liability" differs from "Income tax," in that "Total tax liability" includes the taxes from recapture of certain prior-year credits, tax applicable to individual retirement arrangements (IRA's), Social Security taxes on self-employment income and on certain tip income, advanced earned income payments, household employment taxes, and certain "other taxes" listed in the Form 1040 instructions.

[10] Reflects payments to or withholdings made to "Total tax liability" (footnote 9). The amount the tax filer owes when the income tax return is filed.

[11] The amount of overpayments the tax filer requested to have refunded.