ZIP Code 55056 — North Branch, MN

IRS Income Data, Tax Year 2022

$74,879
Average AGI
#10,674
National Rank
#381
MN State Rank
7,710
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 55056.

$1 - $25,000
23.6%
$25,000 - $50,000
21.3%
$50,000 - $75,000
16.7%
$75,000 - $100,000
12.7%
$100,000 - $200,000
21.7%
$200,000 or more
4.0%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,820 $21,654,000 $11,897 23.6%
$25,000 - $50,000 1,640 $62,182,000 $37,915 21.3%
$50,000 - $75,000 1,290 $79,613,000 $61,715 16.7%
$75,000 - $100,000 980 $85,114,000 $86,851 12.7%
$100,000 - $200,000 1,670 $225,932,000 $135,288 21.7%
$200,000 or more 310 $102,824,000 $331,690 4.0%
Total 7,710 $577,319,000 $74,879 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Brooklyn Center, MN 40 mi $63,394 52,010
Saint Paul, MN 44 mi $84,722 96,050
Minneapolis, MN 45 mi $88,027 187,810
Rochester, MN 108 mi $95,397 67,880
Appleton, WI 234 mi $86,320 63,610
Sioux Falls, SD 234 mi $81,804 76,110

Similar ZIP Codes in Minnesota

ZIP Code City Avg AGI Nat. Rank
56264 Minneota $74,867 #10,680
56222 Clara City $74,846 #10,689
55334 Gaylord $74,929 #10,656
56329 Foley $74,804 #10,711
55332 Fairfax $74,779 #10,720
56520 Breckenridge $74,994 #10,628
56467 Nevis $74,715 #10,746
55604 Grand Marais $74,693 #10,758

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
55032 Harris, MN 6.1 mi $85,089 #7,343
55012 Center City, MN 8.8 mi $86,953 #6,911
55069 Rush City, MN 9.6 mi $67,421 #14,304
55084 Taylors Falls, MN 10.1 mi $84,582 #7,454
54006 Cushing, WI 10.8 mi $66,373 #14,905
55045 Lindstrom, MN 10.9 mi $88,428 #6,573
55079 Stacy, MN 11.2 mi $83,597 #7,726
55013 Chisago City, MN 13.4 mi $93,725 #5,596

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.