ZIP Code 24502 — Timberlake, VA
IRS Income Data, Tax Year 2022
$58,446
Average AGI
#19,625
National Rank
#556
VA State Rank
18,990
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 24502.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 5,710 | $72,790,000 | $12,747 | 30.1% |
| $25,000 - $50,000 | 5,390 | $199,237,000 | $36,964 | 28.4% |
| $50,000 - $75,000 | 3,000 | $183,546,000 | $61,182 | 15.8% |
| $75,000 - $100,000 | 2,000 | $172,607,000 | $86,303 | 10.5% |
| $100,000 - $200,000 | 2,420 | $321,154,000 | $132,708 | 12.7% |
| $200,000 or more | 470 | $160,570,000 | $341,638 | 2.5% |
| Total | 18,990 | $1,109,904,000 | $58,446 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Greensboro, NC | 96 mi | $79,757 | 149,170 |
| Richmond, VA | 96 mi | $78,895 | 167,770 |
| Durham, NC | 97 mi | $89,589 | 116,650 |
| Winston Salem, NC | 107 mi | $76,581 | 121,590 |
| Fredericksburg, VA | 111 mi | $86,388 | 74,330 |
| Raleigh, NC | 113 mi | $116,385 | 255,450 |
Similar ZIP Codes in Virginia
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 24151 | Rocky Mount | $58,455 | #19,618 |
| 24251 | Gate City | $58,481 | #19,605 |
| 24445 | Hot Springs | $58,490 | #19,595 |
| 24586 | Ringgold | $58,560 | #19,560 |
| 22802 | Zcta 22802 | $58,607 | #19,525 |
| 23966 | Rice | $58,278 | #19,738 |
| 22436 | Caret | $58,273 | #19,742 |
| 23936 | Sprouses Corner | $58,137 | #19,831 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 24503 | Lynchburg, VA | 1.8 mi | $131,529 | #2,352 |
| 24501 | Lynchburg, VA | 2.2 mi | $42,948 | #26,300 |
| 24504 | Lynchburg, VA | 5.3 mi | $52,744 | #22,963 |
| 24551 | Forest, VA | 5.6 mi | $113,206 | #3,366 |
| 24572 | Madison Heights, VA | 7.7 mi | $57,482 | #20,273 |
| 24536 | Coleman Falls, VA | 9.2 mi | $66,681 | #14,734 |
| 24588 | Rustburg, VA | 9.8 mi | $62,442 | #17,153 |
| 24550 | Evington, VA | 10.0 mi | $69,239 | #13,370 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 792 ZIP codes in Virginia and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.