ZIP Code 29702 — Cherokee Falls, SC
IRS Income Data, Tax Year 2022
$50,370
Average AGI
#24,066
National Rank
#259
SC State Rank
4,110
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 29702.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 1,410 | $18,458,000 | $13,090 | 34.3% |
| $25,000 - $50,000 | 1,230 | $44,903,000 | $36,506 | 29.9% |
| $50,000 - $75,000 | 650 | $39,911,000 | $61,401 | 15.8% |
| $75,000 - $100,000 | 370 | $31,408,000 | $84,886 | 9.0% |
| $100,000 - $200,000 | 400 | $51,369,000 | $128,422 | 9.7% |
| $200,000 or more | 50 | $20,972,000 | $419,440 | 1.2% |
| Total | 4,110 | $207,021,000 | $50,370 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Spartanburg, SC | 26 mi | $69,184 | 56,040 |
| Rock Hill, SC | 27 mi | $69,793 | 55,370 |
| Charlotte, NC | 38 mi | $107,174 | 465,500 |
| Cornelius, NC | 40 mi | $152,512 | 58,800 |
| Greenville, SC | 53 mi | $93,060 | 95,740 |
| Concord, NC | 54 mi | $82,114 | 62,010 |
Similar ZIP Codes in South Carolina
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 29114 | Olanta | $50,398 | #24,057 |
| 29385 | Wellford | $50,403 | #24,055 |
| 29108 | Newberry | $50,411 | #24,053 |
| 29646 | Greenwood | $50,432 | #24,045 |
| 29809 | New Ellenton | $50,435 | #24,043 |
| 29047 | Elloree | $50,470 | #24,027 |
| 29853 | Williston | $50,644 | #23,937 |
| 29418 | Charleston | $50,653 | #23,929 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 28073 | Grover, NC | 6.6 mi | $47,925 | #25,029 |
| 29743 | Smyrna, SC | 7.6 mi | $61,842 | #17,508 |
| 29717 | Hickory Grove, SC | 10.7 mi | $66,982 | #14,553 |
| 29340 | Gaffney, SC | 10.7 mi | $48,647 | #24,772 |
| 29341 | Gaffney, SC | 12.0 mi | $61,041 | #18,006 |
| 28086 | Kings Mountain, NC | 12.9 mi | $61,414 | #17,771 |
| 28150 | Kingstown, NC | 14.4 mi | $62,505 | #17,120 |
| 29742 | Sharon, SC | 15.1 mi | $59,089 | #19,213 |
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.