ZIP Code 50242 — Searsboro, IA
IRS Income Data, Tax Year 2022
$71,017
Average AGI
#12,473
National Rank
#516
IA State Rank
170
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 50242.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 40 | $489,000 | $12,225 | 23.5% |
| $25,000 - $50,000 | 40 | $1,691,000 | $42,275 | 23.5% |
| $50,000 - $75,000 | 30 | $1,618,000 | $53,933 | 17.7% |
| $75,000 - $100,000 | 20 | $2,116,000 | $105,800 | 11.8% |
| $100,000 - $200,000 | 40 | $6,159,000 | $153,975 | 23.5% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 170 | $12,073,000 | $71,017 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Des Moines, IA | 51 mi | $69,159 | 78,230 |
| Cedar Rapids, IA | 58 mi | $81,017 | 67,890 |
| Rochester, MN | 171 mi | $95,397 | 67,880 |
| Omaha, NE | 176 mi | $91,506 | 243,900 |
| Columbia, MO | 183 mi | $88,539 | 68,530 |
| Rockford, IL | 191 mi | $61,024 | 82,110 |
Similar ZIP Codes in Iowa
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 51638 | Essex | $71,036 | #12,461 |
| 50666 | Plainfield | $71,038 | #12,459 |
| 52591 | Sigourney | $71,040 | #12,456 |
| 52727 | Bryant | $70,994 | #12,484 |
| 52766 | Nichols | $70,989 | #12,488 |
| 52531 | Albia | $71,072 | #12,441 |
| 50848 | Gravity | $70,961 | #12,504 |
| 52132 | Calmar | $70,959 | #12,505 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 50112 | Grinnell, IA | 8.1 mi | $78,304 | #9,376 |
| 50171 | Montezuma, IA | 9.6 mi | $97,208 | #5,055 |
| 50153 | Lynnville, IA | 10.2 mi | $82,828 | #7,946 |
| 50027 | Barnes City, IA | 11.1 mi | $55,275 | #21,545 |
| 50207 | New Sharon, IA | 12.2 mi | $79,905 | #8,824 |
| 52586 | Rose Hill, IA | 13.3 mi | $76,081 | #10,198 |
| 50157 | Malcom, IA | 13.4 mi | $64,924 | #15,733 |
| 50251 | Sully, IA | 14.0 mi | $97,313 | #5,031 |
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 823 ZIP codes in Iowa and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.