With a factory standard barrel don't expect much better than 2 inch's, now if you go with the target model or one of the many after market barrels they should get you closer to 1 inch at 50 yards, that is if you are not using match grade ammo.
I recently tested a green mountain bentz chamber heavy target barrel on my 10/22 action with 13 different loads (from Remington, Winchester, CCI, Aguala ((not sure if that is proper spelling on that)), Federal) from standard velocity to high velocity and two match grades, Eley and Federal. The vast majority shot between 1 1/4 to 1 1/2 inch. I had one make that shot at a inch (the cheapest brand by the way which was Winchester wild cat). The match ammo from Eley shot 3/4 and Federal shot into 5/8. These were all 5 shoot groups.
I have yet to test the better performers at 100 yards as it has been much to windy to get a good idea of what the ammo is capable of. Now my squirrel rifle is a Ruger 77/22 target gray, it will shoot minute of squirrel's head at 85 yards using Federal Gold Metal Match AKA 711B.