ZIP Code 55016 — Cottage Grove, MN
IRS Income Data, Tax Year 2022
$89,121
Average AGI
#6,420
National Rank
#163
MN State Rank
20,460
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55016.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 4,330 | $51,330,000 | $11,854 | 21.2% |
| $25,000 - $50,000 | 3,610 | $136,365,000 | $37,774 | 17.6% |
| $50,000 - $75,000 | 3,200 | $198,475,000 | $62,023 | 15.6% |
| $75,000 - $100,000 | 2,370 | $206,270,000 | $87,033 | 11.6% |
| $100,000 - $200,000 | 5,380 | $753,828,000 | $140,116 | 26.3% |
| $200,000 or more | 1,570 | $477,155,000 | $303,920 | 7.7% |
| Total | 20,460 | $1,823,423,000 | $89,121 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Saint Paul, MN | 13 mi | $84,722 | 96,050 |
| Minneapolis, MN | 20 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 26 mi | $63,394 | 52,010 |
| Rochester, MN | 60 mi | $95,397 | 67,880 |
| Cedar Rapids, IA | 205 mi | $81,017 | 67,890 |
| Sioux Falls, SD | 207 mi | $81,804 | 76,110 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56308 | Alexandria | $89,154 | #6,415 |
| 55053 | Nerstrand | $89,054 | #6,431 |
| 55108 | Lauderdale | $89,020 | #6,434 |
| 55025 | Forest Lake | $89,265 | #6,392 |
| 55102 | Saint Paul | $88,890 | #6,474 |
| 56050 | Kasota | $89,462 | #6,352 |
| 55947 | La Crescent | $88,769 | #6,503 |
| 56128 | Edgerton | $88,757 | #6,506 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55071 | Saint Paul Park, MN | 3.0 mi | $64,692 | #15,878 |
| 55055 | Newport, MN | 4.9 mi | $73,498 | #11,287 |
| 55076 | Inver Grove Heig, MN | 5.5 mi | $80,426 | #8,661 |
| 55129 | Zcta 55129, MN | 5.6 mi | $146,834 | #1,832 |
| 55125 | Woodbury, MN | 7.1 mi | $107,552 | #3,858 |
| 55033 | Welch, MN | 7.6 mi | $86,726 | #6,966 |
| 55075 | South Saint Paul, MN | 7.8 mi | $63,030 | #16,812 |
| 55077 | Inver Grove Heig, MN | 8.1 mi | $131,000 | #2,376 |
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 788 ZIP codes in Minnesota and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.