ZIP Code 56007 — Albert Lea, MN

IRS Income Data, Tax Year 2022

$64,283
Average AGI
#16,101
National Rank
#641
MN State Rank
9,910
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 56007.

$1 - $25,000
28.9%
$25,000 - $50,000
28.1%
$50,000 - $75,000
16.7%
$75,000 - $100,000
9.4%
$100,000 - $200,000
13.7%
$200,000 or more
3.3%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 2,860 $36,911,000 $12,905 28.9%
$25,000 - $50,000 2,780 $104,303,000 $37,519 28.1%
$50,000 - $75,000 1,650 $100,743,000 $61,056 16.7%
$75,000 - $100,000 930 $80,381,000 $86,431 9.4%
$100,000 - $200,000 1,360 $180,240,000 $132,529 13.7%
$200,000 or more 330 $134,467,000 $407,475 3.3%
Total 9,910 $637,045,000 $64,283 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Rochester, MN 55 mi $95,397 67,880
Saint Paul, MN 88 mi $84,722 96,050
Minneapolis, MN 89 mi $88,027 187,810
Brooklyn Center, MN 96 mi $63,394 52,010
Des Moines, IA 146 mi $69,159 78,230
Cedar Rapids, IA 146 mi $81,017 67,890

Similar ZIP Codes in Minnesota

ZIP Code City Avg AGI Nat. Rank
55425 Bloomington $64,305 #16,090
56584 Twin Valley $64,240 #16,129
56201 Willmar $64,351 #16,070
56435 Backus $64,198 #16,152
56533 Elizabeth $64,370 #16,056
56623 Baudette $64,191 #16,157
56224 Clements $64,380 #16,047
56098 Winnebago $64,401 #16,036

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
56036 Glenville, MN 2.0 mi $69,783 #13,103
56029 Emmons, MN 2.4 mi $62,733 #16,985
56016 Clarks Grove, MN 6.1 mi $63,338 #16,644
56043 Hayward, MN 7.7 mi $69,961 #13,002
56009 Alden, MN 7.8 mi $70,101 #12,937
56042 Hartland, MN 9.4 mi $74,054 #11,035
56045 Hollandale, MN 10.6 mi $77,921 #9,509
56026 Ellendale, MN 17.5 mi $70,196 #12,897

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.