ZIP Code 55314 — Buffalo Lake, MN
IRS Income Data, Tax Year 2022
$77,686
Average AGI
#9,610
National Rank
#329
MN State Rank
590
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55314.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 160 | $1,916,000 | $11,975 | 27.1% |
| $25,000 - $50,000 | 120 | $4,618,000 | $38,483 | 20.3% |
| $50,000 - $75,000 | 110 | $6,798,000 | $61,800 | 18.6% |
| $75,000 - $100,000 | 60 | $5,614,000 | $93,566 | 10.2% |
| $100,000 - $200,000 | 110 | $14,610,000 | $132,818 | 18.6% |
| $200,000 or more | 30 | $12,279,000 | $409,300 | 5.1% |
| Total | 590 | $45,835,000 | $77,686 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 74 mi | $63,394 | 52,010 |
| Minneapolis, MN | 75 mi | $88,027 | 187,810 |
| Saint Paul, MN | 81 mi | $84,722 | 96,050 |
| Rochester, MN | 125 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 126 mi | $81,804 | 76,110 |
| Des Moines, IA | 223 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55397 | Young America | $77,677 | #9,614 |
| 55944 | Kasson | $77,701 | #9,599 |
| 55443 | Brooklyn Center | $77,667 | #9,616 |
| 56158 | Magnolia | $77,738 | #9,579 |
| 55940 | Hayfield | $77,745 | #9,576 |
| 55901 | Rochester | $77,827 | #9,546 |
| 56573 | Perham | $77,865 | #9,531 |
| 56186 | Woodstock | $77,500 | #9,674 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55342 | Hector, MN | 0.2 mi | $85,265 | #7,294 |
| 55310 | Bird Island, MN | 5.5 mi | $92,538 | #5,791 |
| 55332 | Fairfax, MN | 8.1 mi | $74,779 | #10,720 |
| 55333 | Franklin, MN | 12.1 mi | $64,748 | #15,833 |
| 56270 | Morton, MN | 13.7 mi | $46,566 | #25,462 |
| 56277 | Olivia, MN | 14.2 mi | $73,825 | #11,124 |
| 55335 | Gibbon, MN | 15.1 mi | $71,066 | #12,442 |
| 56230 | Danube, MN | 17.3 mi | $69,810 | #13,090 |
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.