ZIP Code 55709 — Bovey, MN
IRS Income Data, Tax Year 2022
$68,442
Average AGI
#13,751
National Rank
#556
MN State Rank
2,020
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55709.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 540 | $6,935,000 | $12,842 | 26.7% |
| $25,000 - $50,000 | 460 | $16,828,000 | $36,582 | 22.8% |
| $50,000 - $75,000 | 320 | $19,645,000 | $61,390 | 15.8% |
| $75,000 - $100,000 | 240 | $20,940,000 | $87,250 | 11.9% |
| $100,000 - $200,000 | 400 | $54,392,000 | $135,980 | 19.8% |
| $200,000 or more | 60 | $19,514,000 | $325,233 | 3.0% |
| Total | 2,020 | $138,254,000 | $68,442 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 157 mi | $63,394 | 52,010 |
| Minneapolis, MN | 164 mi | $88,027 | 187,810 |
| Saint Paul, MN | 166 mi | $84,722 | 96,050 |
| Rochester, MN | 234 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 308 mi | $81,804 | 76,110 |
| Appleton, WI | 317 mi | $86,320 | 63,610 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55307 | Arlington | $68,437 | #13,754 |
| 56510 | Lockhart | $68,517 | #13,719 |
| 56355 | Nelson | $68,525 | #13,714 |
| 56225 | Clinton | $68,336 | #13,799 |
| 55752 | Jacobson | $68,565 | #13,695 |
| 56120 | Butterfield | $68,584 | #13,685 |
| 55941 | Hokah | $68,286 | #13,833 |
| 56314 | Bowlus | $68,617 | #13,672 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55744 | La Prairie, MN | 7.9 mi | $73,164 | #11,439 |
| 55775 | Pengilly, MN | 9.2 mi | $91,057 | #6,055 |
| 55769 | Nashwauk, MN | 9.4 mi | $67,588 | #14,214 |
| 55721 | Cohasset, MN | 9.6 mi | $93,592 | #5,624 |
| 55793 | Warba, MN | 10.5 mi | $66,716 | #14,712 |
| 55742 | Goodland, MN | 17.3 mi | $70,092 | #12,941 |
| 56657 | Marcell, MN | 17.7 mi | $84,445 | #7,491 |
| 56636 | Deer River, MN | 21.4 mi | $65,066 | #15,646 |
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.