ZIP Code 29505 — Florence, SC

IRS Income Data, Tax Year 2022

$61,260
Average AGI
#17,870
National Rank
#146
SC State Rank
11,460
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 29505.

$1 - $25,000
32.2%
$25,000 - $50,000
26.9%
$50,000 - $75,000
14.1%
$75,000 - $100,000
9.1%
$100,000 - $200,000
14.7%
$200,000 or more
3.1%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 3,690 $48,041,000 $13,019 32.2%
$25,000 - $50,000 3,080 $111,553,000 $36,218 26.9%
$50,000 - $75,000 1,610 $98,886,000 $61,419 14.1%
$75,000 - $100,000 1,040 $90,277,000 $86,804 9.1%
$100,000 - $200,000 1,680 $227,743,000 $135,561 14.7%
$200,000 or more 360 $125,551,000 $348,752 3.1%
Total 11,460 $702,051,000 $61,260 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Columbia, SC 74 mi $68,573 148,450
Fayetteville, NC 81 mi $58,635 79,980
Summerville, SC 81 mi $70,867 56,650
Charleston, SC 86 mi $97,479 112,290
Lexington, SC 92 mi $88,386 54,630
Rock Hill, SC 99 mi $69,793 55,370

Similar ZIP Codes in South Carolina

ZIP Code City Avg AGI Nat. Rank
29704 Catawba $61,206 #17,896
29434 Cordesville $61,115 #17,961
29544 Galivants Ferry $61,104 #17,969
29437 Dorchester $61,467 #17,739
29341 Gaffney $61,041 #18,006
29639 Due West $61,003 #18,030
29842 Beech Island $61,567 #17,677
29625 Anderson $61,635 #17,637

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
29501 Florence, SC 0.5 mi $89,883 #6,273
29541 Effingham, SC 2.5 mi $53,616 #22,495
29506 Quinby, SC 4.2 mi $43,116 #26,276
29530 Coward, SC 6.0 mi $48,373 #24,887
29583 Pamplico, SC 7.6 mi $53,247 #22,704
29591 Scranton, SC 8.9 mi $55,269 #21,554
29560 Lake City, SC 10.2 mi $51,318 #23,618
29161 Timmonsville, SC 13.8 mi $51,708 #23,461

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 372 ZIP codes in South Carolina and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.