ZIP Code 24572 — Madison Heights, VA
IRS Income Data, Tax Year 2022
$57,482
Average AGI
#20,273
National Rank
#568
VA State Rank
7,600
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 24572.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,160 | $28,886,000 | $13,373 | 28.4% |
| $25,000 - $50,000 | 2,150 | $79,185,000 | $36,830 | 28.3% |
| $50,000 - $75,000 | 1,300 | $79,709,000 | $61,314 | 17.1% |
| $75,000 - $100,000 | 810 | $69,817,000 | $86,193 | 10.7% |
| $100,000 - $200,000 | 1,040 | $136,226,000 | $130,986 | 13.7% |
| $200,000 or more | 140 | $43,047,000 | $307,478 | 1.8% |
| Total | 7,600 | $436,870,000 | $57,482 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Richmond, VA | 92 mi | $78,895 | 167,770 |
| Durham, NC | 102 mi | $89,589 | 116,650 |
| Greensboro, NC | 104 mi | $79,757 | 149,170 |
| Fredericksburg, VA | 104 mi | $86,388 | 74,330 |
| Winston Salem, NC | 114 mi | $76,581 | 121,590 |
| Raleigh, NC | 118 mi | $116,385 | 255,450 |
Similar ZIP Codes in Virginia
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 24323 | Crockett | $57,496 | #20,267 |
| 22460 | Farnham | $57,468 | #20,280 |
| 23325 | Chesapeake | $57,502 | #20,261 |
| 22849 | Shenandoah | $57,454 | #20,289 |
| 23839 | Dendron | $57,453 | #20,292 |
| 24426 | Alleghany | $57,397 | #20,327 |
| 23851 | Franklin | $57,386 | #20,334 |
| 24319 | Chilhowie | $57,230 | #20,402 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 24504 | Lynchburg, VA | 4.9 mi | $52,744 | #22,963 |
| 24503 | Lynchburg, VA | 6.0 mi | $131,529 | #2,352 |
| 24501 | Lynchburg, VA | 6.7 mi | $42,948 | #26,300 |
| 24574 | Monroe, VA | 7.4 mi | $69,282 | #13,347 |
| 24502 | Timberlake, VA | 7.7 mi | $58,446 | #19,625 |
| 24521 | Amherst, VA | 8.2 mi | $64,269 | #16,112 |
| 24536 | Coleman Falls, VA | 9.2 mi | $66,681 | #14,734 |
| 24551 | Forest, VA | 12.1 mi | $113,206 | #3,366 |
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.