ZIP Code 87401 — Farmington, NM
IRS Income Data, Tax Year 2022
$59,734
Average AGI
#18,823
National Rank
#72
NM State Rank
17,650
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 87401.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 6,210 | $76,506,000 | $12,319 | 35.2% |
| $25,000 - $50,000 | 4,610 | $165,591,000 | $35,919 | 26.1% |
| $50,000 - $75,000 | 2,450 | $150,802,000 | $61,551 | 13.9% |
| $75,000 - $100,000 | 1,500 | $129,866,000 | $86,577 | 8.5% |
| $100,000 - $200,000 | 2,310 | $312,082,000 | $135,100 | 13.1% |
| $200,000 or more | 570 | $219,471,000 | $385,036 | 3.2% |
| Total | 17,650 | $1,054,318,000 | $59,734 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Albuquerque, NM | 147 mi | $71,705 | 276,890 |
| Pueblo, CO | 211 mi | $57,370 | 56,420 |
| Colorado Springs, CO | 230 mi | $81,033 | 259,240 |
| Littleton, CO | 252 mi | $131,967 | 75,720 |
| Lakewood, CO | 257 mi | $91,281 | 59,070 |
| Denver, CO | 263 mi | $113,649 | 344,530 |
Similar ZIP Codes in New Mexico
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 87520 | Chama | $59,785 | #18,791 |
| 87571 | Taos | $59,899 | #18,722 |
| 88047 | Mesilla Park | $59,959 | #18,678 |
| 87535 | Glorieta | $59,500 | #18,957 |
| 87004 | Bernalillo | $59,490 | #18,960 |
| 87823 | Lemitar | $60,063 | #18,624 |
| 87551 | Los Ojos | $60,136 | #18,578 |
| 88008 | Santa Teresa | $60,136 | #18,579 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 87415 | Flora Vista, NM | 3.1 mi | $70,794 | #12,583 |
| 87402 | Farmington, NM | 3.5 mi | $93,406 | #5,649 |
| 87416 | Fruitland, NM | 5.5 mi | $44,823 | #25,918 |
| 87412 | Blanco, NM | 6.2 mi | $53,309 | #22,673 |
| 87421 | Waterflow, NM | 7.7 mi | $43,202 | #26,257 |
| 87418 | La Plata, NM | 8.5 mi | $66,473 | #14,845 |
| 87037 | Nageezi, NM | 10.6 mi | $28,736 | #27,544 |
| 87417 | Kirtland, NM | 13.4 mi | $50,474 | #24,025 |
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 210 ZIP codes in New Mexico and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.