ZIP Code 32905 — Palm Bay, FL

IRS Income Data, Tax Year 2022

$50,854
Average AGI
#23,827
National Rank
#788
FL State Rank
12,500
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 32905.

$1 - $25,000
34.0%
$25,000 - $50,000
32.2%
$50,000 - $75,000
14.8%
$75,000 - $100,000
8.2%
$100,000 - $200,000
9.0%
$200,000 or more
1.8%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 4,250 $56,234,000 $13,231 34.0%
$25,000 - $50,000 4,030 $146,604,000 $36,378 32.2%
$50,000 - $75,000 1,850 $112,996,000 $61,078 14.8%
$75,000 - $100,000 1,020 $87,631,000 $85,912 8.2%
$100,000 - $200,000 1,120 $148,970,000 $133,008 9.0%
$200,000 or more 230 $83,246,000 $361,939 1.8%
Total 12,500 $635,681,000 $50,854 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Melbourne, FL 13 mi $88,521 58,160
Vero Beach, FL 23 mi $81,511 55,900
Saint Cloud, FL 40 mi $69,458 53,290
Port Saint Lucie, FL 48 mi $70,075 127,270
Kissimmee, FL 55 mi $54,361 129,460
Orlando, FL 58 mi $75,811 334,150

Similar ZIP Codes in Florida

ZIP Code City Avg AGI Nat. Rank
32542 Eglin A F B $50,803 #23,851
32244 Jacksonville $50,908 #23,808
32738 Deltona $50,918 #23,802
33865 Ona $50,976 #23,782
32177 Palatka $50,995 #23,771
34470 Ocala $51,029 #23,752
34608 Spring Hill $50,669 #23,922
34266 Zcta 34266 $50,667 #23,924

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
32951 Melbourne Beach, FL 1.7 mi $158,294 #1,537
32909 Palm Bay, FL 3.0 mi $61,259 #17,871
32901 Melbourne, FL 3.4 mi $57,580 #20,197
32949 Grant, FL 4.1 mi $108,709 #3,742
32907 Palm Bay, FL 4.5 mi $57,245 #20,392
32908 Palm Bay, FL 5.0 mi $56,480 #20,830
32950 Malabar, FL 7.2 mi $103,141 #4,313
32976 Barefoot Bay, FL 8.2 mi $56,124 #21,068

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 917 ZIP codes in Florida and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.