ZIP Code 40403 — Berea, KY
IRS Income Data, Tax Year 2022
$58,115
Average AGI
#19,847
National Rank
#259
KY State Rank
11,360
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 40403.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 3,490 | $44,682,000 | $12,802 | 30.7% |
| $25,000 - $50,000 | 2,910 | $106,639,000 | $36,645 | 25.6% |
| $50,000 - $75,000 | 1,940 | $119,025,000 | $61,353 | 17.1% |
| $75,000 - $100,000 | 1,230 | $106,836,000 | $86,858 | 10.8% |
| $100,000 - $200,000 | 1,570 | $207,095,000 | $131,907 | 13.8% |
| $200,000 or more | 220 | $75,916,000 | $345,072 | 1.9% |
| Total | 11,360 | $660,193,000 | $58,115 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Lexington, KY | 33 mi | $86,968 | 143,860 |
| Louisville, KY | 92 mi | $73,230 | 131,160 |
| Cincinnati, OH | 109 mi | $84,663 | 126,940 |
| Knoxville, TN | 112 mi | $85,647 | 125,390 |
| Dayton, OH | 150 mi | $60,444 | 87,270 |
| Asheville, NC | 166 mi | $96,756 | 66,910 |
Similar ZIP Codes in Kentucky
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 41010 | Corinth | $58,089 | #19,863 |
| 42276 | Daysville | $58,080 | #19,869 |
| 41175 | Maloneton | $58,025 | #19,908 |
| 40217 | Louisville | $58,227 | #19,776 |
| 40328 | Gravel Switch | $58,002 | #19,920 |
| 41240 | Nippa | $57,985 | #19,933 |
| 40359 | Owenton | $58,264 | #19,748 |
| 42368 | Reynolds Station | $57,937 | #19,970 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 40385 | Bybee, KY | 10.0 mi | $56,691 | #20,701 |
| 40461 | Paint Lick, KY | 10.5 mi | $68,821 | #13,569 |
| 40475 | Richmond, KY | 12.4 mi | $69,863 | #13,052 |
| 40481 | Sandgap, KY | 13.0 mi | $51,377 | #23,598 |
| 40456 | Climax, KY | 14.6 mi | $52,053 | #23,291 |
| 40447 | Clover Bottom, KY | 15.9 mi | $47,253 | #25,263 |
| 40460 | Orlando, KY | 17.6 mi | $39,684 | #26,823 |
| 40336 | Jinks, KY | 17.7 mi | $52,273 | #23,185 |
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 647 ZIP codes in Kentucky and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.