ZIP Code 55037 — Hinckley, MN

IRS Income Data, Tax Year 2022

$55,445
Average AGI
#21,448
National Rank
#751
MN State Rank
2,320
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 55037.

$1 - $25,000
31.0%
$25,000 - $50,000
27.2%
$50,000 - $75,000
16.4%
$75,000 - $100,000
10.3%
$100,000 - $200,000
13.4%
$200,000 or more
1.7%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 720 $8,828,000 $12,261 31.0%
$25,000 - $50,000 630 $23,204,000 $36,831 27.2%
$50,000 - $75,000 380 $23,154,000 $60,931 16.4%
$75,000 - $100,000 240 $21,123,000 $88,012 10.3%
$100,000 - $200,000 310 $40,195,000 $129,661 13.4%
$200,000 or more 40 $12,129,000 $303,225 1.7%
Total 2,320 $128,633,000 $55,445 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Brooklyn Center, MN 68 mi $63,394 52,010
Minneapolis, MN 74 mi $88,027 187,810
Saint Paul, MN 74 mi $84,722 96,050
Rochester, MN 139 mi $95,397 67,880
Appleton, WI 249 mi $86,320 63,610
Sioux Falls, SD 252 mi $81,804 76,110

Similar ZIP Codes in Minnesota

ZIP Code City Avg AGI Nat. Rank
56637 Talmoon $55,640 #21,340
56295 Watson $55,713 #21,297
56527 Deer Creek $55,125 #21,634
55072 Markville $55,094 #21,647
56479 Staples $55,844 #21,225
55757 Kettle River $55,902 #21,192
56051 Kiester $54,926 #21,743
55748 Hill City $56,055 #21,103

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
55063 Beroun, MN 5.0 mi $65,127 #15,599
55007 Quamba, MN 8.0 mi $58,765 #19,429
55030 Grasston, MN 12.9 mi $63,146 #16,737
55735 Finlayson, MN 15.4 mi $67,147 #14,462
55704 Askov, MN 16.3 mi $61,700 #17,594
55712 Bruno, MN 18.4 mi $60,825 #18,139
55051 Mora, MN 18.5 mi $70,879 #12,548
55072 Markville, MN 18.6 mi $55,094 #21,647

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.