ZIP Code 55985 — West Concord, MN
IRS Income Data, Tax Year 2022
$71,354
Average AGI
#12,287
National Rank
#476
MN State Rank
940
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55985.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 210 | $2,601,000 | $12,385 | 22.3% |
| $25,000 - $50,000 | 240 | $9,061,000 | $37,754 | 25.5% |
| $50,000 - $75,000 | 180 | $10,750,000 | $59,722 | 19.2% |
| $75,000 - $100,000 | 100 | $8,277,000 | $82,770 | 10.6% |
| $100,000 - $200,000 | 170 | $22,719,000 | $133,641 | 18.1% |
| $200,000 or more | 40 | $13,665,000 | $341,625 | 4.3% |
| Total | 940 | $67,073,000 | $71,354 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rochester, MN | 26 mi | $95,397 | 67,880 |
| Saint Paul, MN | 56 mi | $84,722 | 96,050 |
| Minneapolis, MN | 60 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 67 mi | $63,394 | 52,010 |
| Cedar Rapids, IA | 161 mi | $81,017 | 67,890 |
| Des Moines, IA | 181 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56137 | Heron Lake | $71,359 | #12,285 |
| 55949 | Lanesboro | $71,364 | #12,281 |
| 56031 | Fairmont | $71,332 | #12,294 |
| 56385 | Villard | $71,310 | #12,304 |
| 56251 | Kandiyohi | $71,444 | #12,242 |
| 55606 | Hovland | $71,470 | #12,226 |
| 55760 | Mc Gregor | $71,481 | #12,220 |
| 56065 | Mapleton | $71,212 | #12,364 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55927 | Dodge Center, MN | 7.1 mi | $82,392 | #8,078 |
| 55924 | Claremont, MN | 7.9 mi | $75,770 | #10,334 |
| 55955 | Mantorville, MN | 9.1 mi | $101,153 | #4,513 |
| 55983 | Wanamingo, MN | 9.7 mi | $75,527 | #10,438 |
| 55946 | Kenyon, MN | 10.1 mi | $72,892 | #11,555 |
| 55944 | Kasson, MN | 10.6 mi | $77,701 | #9,599 |
| 55963 | Pine Island, MN | 12.3 mi | $89,708 | #6,308 |
| 55992 | Zumbrota, MN | 14.2 mi | $81,210 | #8,420 |
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.