ZIP Code 56256 — Madison, MN
IRS Income Data, Tax Year 2022
$77,264
Average AGI
#9,757
National Rank
#334
MN State Rank
1,160
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56256.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 290 | $3,714,000 | $12,806 | 25.0% |
| $25,000 - $50,000 | 250 | $9,526,000 | $38,104 | 21.6% |
| $50,000 - $75,000 | 220 | $13,334,000 | $60,609 | 19.0% |
| $75,000 - $100,000 | 120 | $10,617,000 | $88,475 | 10.3% |
| $100,000 - $200,000 | 200 | $26,356,000 | $131,780 | 17.2% |
| $200,000 or more | 80 | $26,080,000 | $326,000 | 6.9% |
| Total | 1,160 | $89,627,000 | $77,264 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Sioux Falls, SD | 104 mi | $81,804 | 76,110 |
| Brooklyn Center, MN | 146 mi | $63,394 | 52,010 |
| Minneapolis, MN | 148 mi | $88,027 | 187,810 |
| Saint Paul, MN | 155 mi | $84,722 | 96,050 |
| Rochester, MN | 205 mi | $95,397 | 67,880 |
| Omaha, NE | 261 mi | $91,506 | 243,900 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56284 | Renville | $77,189 | #9,788 |
| 56540 | Fertile | $77,375 | #9,708 |
| 56280 | Porter | $77,091 | #9,814 |
| 55909 | Adams | $77,076 | #9,819 |
| 56082 | Saint Peter | $77,072 | #9,821 |
| 56114 | Avoca | $77,041 | #9,833 |
| 56186 | Woodstock | $77,500 | #9,674 |
| 56173 | Steen | $76,981 | #9,852 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56257 | Marietta, MN | 6.6 mi | $84,110 | #7,577 |
| 56212 | Bellingham, MN | 10.6 mi | $79,195 | #9,076 |
| 56218 | Boyd, MN | 10.6 mi | $79,876 | #8,837 |
| 57259 | Albee, SD | 12.3 mi | $89,327 | #6,380 |
| 57216 | Big Stone City, SD | 14.2 mi | $107,125 | #3,893 |
| 56232 | Dawson, MN | 14.5 mi | $76,345 | #10,084 |
| 57252 | Milbank, SD | 18.0 mi | $87,923 | #6,690 |
| 57237 | Gary, SD | 18.5 mi | $109,445 | #3,661 |
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.