Appendix 3 -- Miscellaneous Statistics

 

Table 1 uses 1994 Vermont data to establish averages for several income types within the income categories used in our sample. These averages will be used in our sample cases where possible so that if this study is updated in the future, similar values may be easily duplicated and included.

Table 1


Under $15,000 $15,000 -$30,000 $30,000 -$50,000 $50,000 -$100,000 $100,000 +

Number of Returns (in 1,000's)

20,435

25,554

21,221

15,753

3,761

AGI (in Millions)

$197,415

$531,775

$803,532

$1,015,141

$682,605

Average

$9,661

$20,810

$37,865

$64,441

$181,496







Salaries/Wages

$150,173

$430,718

$694,507

$868,341

$506,627

Average

$7,349

$16,856

$32,727

$55,122

$134,705

Average % of AGI

76%

81%

86%

86%

74%







Interest

$16,996

$30,367

$31,068

$43,630

$66,670

Average

$832

$1,188

$1,464

$2,770

$17,727

Average % of AGI

9%

6%

4%

4%

10%







Dividends

$4,096

$7,886

$9,899

$17,775

$33,971

Average

$200

$309

$466

$1,128

$9,032

Average % of AGI

2%

1%

1%

2%

5%







Schedule C

$6,579

$17,503

$24,242

$36,823

$58,639

Average

$322

$685

$1,142

$2,338

$15,591

Average % of AGI

3%

3%

3%

4%

9%







Pensions/Annuities

$19,572

$45,302

$43,816

$48,572

$16,698

Average

$958

$1,773

$2,065

$3,083

$4,440

Average % of AGI

10%

9%

5%

5%

2%







Average

$9,661

$20,810

$37,865

$64,441

$181,496

Average % of AGI

100%

100%

100%

100%

100%


Table 2 is the 1996 Federal Poverty Level chart. Again, these values will be used in our sample where possible to allow for future replication.

Table 2

Family Size

Percentage of Poverty Level

100

150

200

250

300

350

400









1

$7,740

$11,610

$15,480

$19,350

$23,220

$27,090

$30,960

2

$10,360

$15,540

$20,720

$25,900

$31,080

$36,260

$41,440

3

$12,980

$19,470

$25,960

$32,450

$38,940

$45,430

$51,920

4

$15,600

$23,400

$31,200

$39,000

$46,800

$54,600

$62,400

5

$18,220

$27,330

$36,440

$45,550

$54,660

$63,770

$72,880

6

$20,840

$31,260

$41,680

$52,100

$62,520

$72,940

$83,360

7

$23,460

$35,190

$46,920

$58,650

$70,380

$82,110

$93,840

8

$26,080

$39,120

$52,160

$65,200

$78,240

$91,280

$104,320

 

Table 3 represents average expenditures on rent/property taxes, by income category, as reported on Vermont tax returns. For higher income levels amounts were interpolated from the categories below.

Table 3

Vermont Property Tax and Rent Averages
1994 Vermont Data


Up to

$10,000 to

$20,000 to

$30,000 to

$40,000 to


$10,000

$20,000

$30,000

$40,000

$45,000













Home Owner

Property

Tax Paid




Under 62

$1,260

$1,572

$1,903

$2,364

$2,800

Over 62

$1,181

$1,574

$1,951

$2,389

$2,887













Renter

Total Rent

Paid




Under 62

$3,900

$5,165

$7,370

$9,830

$12,345

Over 62

$2,935

$4,880

$7,565

$10,175

n/a

Source: Vermont Tax Statistics
Summary of 1994
Vermont Department of Taxes