ZIP Code 55340 — Hamel, MN
IRS Income Data, Tax Year 2022
$219,085
Average AGI
#725
National Rank
#8
MN State Rank
4,690
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55340.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 930 | $9,746,000 | $10,479 | 19.8% |
| $25,000 - $50,000 | 480 | $17,909,000 | $37,310 | 10.2% |
| $50,000 - $75,000 | 400 | $24,802,000 | $62,005 | 8.5% |
| $75,000 - $100,000 | 350 | $30,507,000 | $87,162 | 7.5% |
| $100,000 - $200,000 | 1,050 | $153,070,000 | $145,780 | 22.4% |
| $200,000 or more | 1,480 | $791,477,000 | $534,781 | 31.6% |
| Total | 4,690 | $1,027,511,000 | $219,085 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 12 mi | $63,394 | 52,010 |
| Minneapolis, MN | 16 mi | $88,027 | 187,810 |
| Saint Paul, MN | 23 mi | $84,722 | 96,050 |
| Rochester, MN | 92 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 188 mi | $81,804 | 76,110 |
| Cedar Rapids, IA | 233 mi | $81,017 | 67,890 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55001 | Afton | $212,235 | #769 |
| 55439 | Edina | $232,714 | #629 |
| 55127 | Vadnais Heights | $202,732 | #856 |
| 55410 | Edina | $197,349 | #918 |
| 55359 | Maple Plain | $191,585 | #983 |
| 55446 | Plymouth | $189,271 | #1,005 |
| 55415 | Minneapolis | $188,665 | #1,020 |
| 55347 | Eden Prairie | $183,000 | #1,095 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55446 | Plymouth, MN | 4.6 mi | $189,271 | #1,005 |
| 55357 | Loretto, MN | 4.7 mi | $164,143 | #1,404 |
| 55311 | Maple Grove, MN | 4.9 mi | $151,712 | #1,678 |
| 55356 | Long Lake, MN | 5.6 mi | $365,786 | #237 |
| 55447 | Plymouth, MN | 6.3 mi | $137,142 | #2,132 |
| 55391 | Wayzata, MN | 6.3 mi | $439,377 | #152 |
| 55369 | Maple Grove, MN | 6.6 mi | $97,199 | #5,057 |
| 55374 | Rogers, MN | 6.6 mi | $122,635 | #2,770 |
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.