ZIP Code 38949 — Water Valley, MS
IRS Income Data, Tax Year 2022
$46,861
Average AGI
#25,380
National Rank
#258
MS State Rank
130
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 38949.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 40 | $537,000 | $13,425 | 30.8% |
| $25,000 - $50,000 | 60 | $2,542,000 | $42,366 | 46.2% |
| $50,000 - $75,000 | 0 | $0 | $0 | 0.0% |
| $75,000 - $100,000 | 30 | $3,013,000 | $100,433 | 23.1% |
| $100,000 - $200,000 | 0 | $0 | $0 | 0.0% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 130 | $6,092,000 | $46,861 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Memphis, TN | 72 mi | $66,727 | 265,050 |
| Jackson, MS | 139 mi | $54,893 | 61,210 |
| Birmingham, AL | 153 mi | $51,611 | 65,650 |
| Huntsville, AL | 162 mi | $87,067 | 96,740 |
| Little Rock, AR | 174 mi | $97,622 | 96,220 |
| Clarksville, TN | 197 mi | $63,017 | 93,830 |
Similar ZIP Codes in Mississippi
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 39067 | Ethel | $46,859 | #25,381 |
| 38666 | Sardis | $46,755 | #25,414 |
| 39767 | Stewart | $46,753 | #25,415 |
| 39755 | Pheba | $46,738 | #25,416 |
| 39663 | Silver Creek | $46,998 | #25,337 |
| 39456 | Leaf | $47,135 | #25,285 |
| 39423 | Beaumont | $46,587 | #25,457 |
| 39074 | Forest | $47,145 | #25,281 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 38913 | Banner, MS | 5.4 mi | $43,205 | #26,254 |
| 38655 | Lafayette, MS | 10.8 mi | $96,646 | #5,143 |
| 38915 | Bruce, MS | 11.6 mi | $47,974 | #25,012 |
| 38864 | Sarepta, MS | 11.9 mi | $57,636 | #20,155 |
| 38673 | Taylor, MS | 14.6 mi | $82,498 | #8,046 |
| 38871 | Thaxton, MS | 15.1 mi | $56,819 | #20,633 |
| 38965 | Water Valley, MS | 15.9 mi | $54,862 | #21,777 |
| 39751 | Mantee, MS | 18.1 mi | $58,286 | #19,731 |
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 368 ZIP codes in Mississippi and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.