ZIP Code 55616 — Two Harbors, MN
IRS Income Data, Tax Year 2022
$70,748
Average AGI
#12,604
National Rank
#493
MN State Rank
3,450
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55616.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 910 | $11,082,000 | $12,178 | 26.4% |
| $25,000 - $50,000 | 770 | $28,753,000 | $37,341 | 22.3% |
| $50,000 - $75,000 | 570 | $35,383,000 | $62,075 | 16.5% |
| $75,000 - $100,000 | 410 | $35,814,000 | $87,351 | 11.9% |
| $100,000 - $200,000 | 660 | $87,283,000 | $132,246 | 19.1% |
| $200,000 or more | 130 | $45,767,000 | $352,053 | 3.8% |
| Total | 3,450 | $244,082,000 | $70,748 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 166 mi | $63,394 | 52,010 |
| Saint Paul, MN | 169 mi | $84,722 | 96,050 |
| Minneapolis, MN | 171 mi | $88,027 | 187,810 |
| Rochester, MN | 218 mi | $95,397 | 67,880 |
| Appleton, WI | 246 mi | $86,320 | 63,610 |
| Green Bay, WI | 249 mi | $87,144 | 53,620 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55734 | Eveleth | $70,786 | #12,589 |
| 56357 | Oak Park | $70,700 | #12,630 |
| 56544 | Frazee | $70,826 | #12,573 |
| 55797 | Wrenshall | $70,644 | #12,657 |
| 56255 | Lucan | $70,635 | #12,663 |
| 55051 | Mora | $70,879 | #12,548 |
| 56013 | Blue Earth | $70,601 | #12,678 |
| 55448 | Coon Rapids | $70,596 | #12,683 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55614 | Little Marais, MN | 21.7 mi | $62,623 | #17,049 |
| 55602 | Brimson, MN | 23.1 mi | $54,350 | #22,085 |
| 55603 | Finland, MN | 27.2 mi | $58,176 | #19,807 |
| 55803 | Duluth, MN | 27.5 mi | $96,550 | #5,157 |
| 55804 | Duluth, MN | 27.7 mi | $104,710 | #4,144 |
| 55802 | Duluth, MN | 28.2 mi | $83,014 | #7,890 |
| 54827 | Cornucopia, WI | 29.8 mi | $66,800 | #14,667 |
| 54865 | Port Wing, WI | 30.4 mi | $59,472 | #18,973 |
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.