ZIP Code 61016 — Cherry Valley, IL
IRS Income Data, Tax Year 2022
$86,228
Average AGI
#7,081
National Rank
#290
IL State Rank
2,490
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 61016.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 550 | $6,639,000 | $12,070 | 22.1% |
| $25,000 - $50,000 | 480 | $17,556,000 | $36,575 | 19.3% |
| $50,000 - $75,000 | 350 | $21,512,000 | $61,462 | 14.1% |
| $75,000 - $100,000 | 330 | $28,843,000 | $87,403 | 13.3% |
| $100,000 - $200,000 | 610 | $83,641,000 | $137,116 | 24.5% |
| $200,000 or more | 170 | $56,519,000 | $332,464 | 6.8% |
| Total | 2,490 | $214,710,000 | $86,228 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rockford, IL | 5 mi | $61,024 | 82,110 |
| Aurora, IL | 47 mi | $60,603 | 68,870 |
| Naperville, IL | 55 mi | $167,679 | 79,280 |
| Kenosha, WI | 61 mi | $66,177 | 53,930 |
| Madison, WI | 61 mi | $98,052 | 126,460 |
| Lincolnwood, IL | 66 mi | $87,261 | 51,300 |
Similar ZIP Codes in Illinois
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 61530 | Eureka | $86,258 | #7,073 |
| 61569 | Trivoli | $86,118 | #7,103 |
| 61771 | Secor | $86,395 | #7,043 |
| 62462 | Sigel | $86,474 | #7,024 |
| 60552 | Somonauk | $86,635 | #6,990 |
| 60941 | Herscher | $85,737 | #7,177 |
| 61951 | Sullivan | $86,727 | #6,964 |
| 60468 | Peotone | $85,718 | #7,178 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 61108 | Rockford, IL | 1.0 mi | $56,062 | #21,099 |
| 61107 | Rockford, IL | 3.4 mi | $83,376 | #7,783 |
| 61104 | Rockford, IL | 5.0 mi | $33,048 | #27,412 |
| 61109 | Rockford, IL | 5.2 mi | $53,087 | #22,793 |
| 61114 | Rockford, IL | 5.4 mi | $104,316 | #4,177 |
| 61111 | Loves Park, IL | 7.1 mi | $66,705 | #14,719 |
| 61115 | Machesney Park, IL | 8.4 mi | $59,262 | #19,101 |
| 61103 | Rockford, IL | 8.5 mi | $52,946 | #22,866 |
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 1,228 ZIP codes in Illinois and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.