ZIP Code 56327 — Farwell, MN
IRS Income Data, Tax Year 2022
$94,112
Average AGI
#5,533
National Rank
#121
MN State Rank
390
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56327.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 70 | $951,000 | $13,585 | 18.0% |
| $25,000 - $50,000 | 70 | $2,779,000 | $39,700 | 18.0% |
| $50,000 - $75,000 | 60 | $3,757,000 | $62,616 | 15.4% |
| $75,000 - $100,000 | 60 | $4,926,000 | $82,100 | 15.4% |
| $100,000 - $200,000 | 100 | $14,126,000 | $141,260 | 25.6% |
| $200,000 or more | 30 | $10,165,000 | $338,833 | 7.7% |
| Total | 390 | $36,704,000 | $94,112 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 121 mi | $63,394 | 52,010 |
| Minneapolis, MN | 125 mi | $88,027 | 187,810 |
| Saint Paul, MN | 132 mi | $84,722 | 96,050 |
| Sioux Falls, SD | 160 mi | $81,804 | 76,110 |
| Rochester, MN | 196 mi | $95,397 | 67,880 |
| Des Moines, IA | 303 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56723 | Fisher | $94,115 | #5,532 |
| 56728 | Hallock | $94,027 | #5,555 |
| 56229 | Cottonwood | $94,210 | #5,510 |
| 56244 | Hancock | $94,374 | #5,488 |
| 56071 | New Prague | $94,432 | #5,478 |
| 56713 | Argyle | $94,470 | #5,474 |
| 55009 | Cannon Falls | $94,486 | #5,472 |
| 55013 | Chisago City | $93,725 | #5,596 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56349 | Lowry, MN | 4.1 mi | $78,004 | #9,486 |
| 56343 | Kensington, MN | 6.1 mi | $70,526 | #12,715 |
| 56323 | Cyrus, MN | 7.3 mi | $57,784 | #20,072 |
| 56339 | Hoffman, MN | 11.0 mi | $69,116 | #13,424 |
| 56381 | Starbuck, MN | 11.1 mi | $76,378 | #10,074 |
| 56308 | Alexandria, MN | 15.5 mi | $89,154 | #6,415 |
| 56334 | Glenwood, MN | 16.1 mi | $99,331 | #4,756 |
| 56311 | Barrett, MN | 16.2 mi | $67,550 | #14,240 |
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.