Banks, AL 36005

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 280 480 $12,580 $0
(0% of returns)
$0
(0% of returns)
$0
$25,000 to $50,000 180 350 $27,258 $1,500
(22.22% of returns)
$4,100
(22.22% of returns)
$0
$50,000 to $75,000 110 250 $37,094 $0
(0% of returns)
$19,225
(36.36% of returns)
$5,520
$75,000 to $100,000 60 140 $53,400 $1,650
(33.33% of returns)
$0
(0% of returns)
$0
$100,000 to $200,000 70 170 $75,800 $0
(0% of returns)
$23,950
(28.57% of returns)
$5,333
For Zip 700 1390 $33,215

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Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 500
0.04 500 3000
0.05 3000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.004 49

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.04 0.0522 0.0922 4