ZIP Code 32940 — Melbourne, FL
IRS Income Data, Tax Year 2022
$128,537
Average AGI
#2,484
National Rank
#165
FL State Rank
25,930
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 32940.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 4,800 | $58,115,000 | $12,107 | 18.5% |
| $25,000 - $50,000 | 3,800 | $140,835,000 | $37,061 | 14.7% |
| $50,000 - $75,000 | 3,360 | $208,892,000 | $62,170 | 13.0% |
| $75,000 - $100,000 | 2,920 | $254,660,000 | $87,212 | 11.3% |
| $100,000 - $200,000 | 7,200 | $1,020,043,000 | $141,672 | 27.8% |
| $200,000 or more | 3,850 | $1,650,443,000 | $428,686 | 14.9% |
| Total | 25,930 | $3,332,988,000 | $128,537 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Palm Bay, FL | 17 mi | $57,214 | 64,160 |
| Saint Cloud, FL | 31 mi | $69,458 | 53,290 |
| Vero Beach, FL | 41 mi | $81,511 | 55,900 |
| Orlando, FL | 44 mi | $75,811 | 334,150 |
| Kissimmee, FL | 46 mi | $54,361 | 129,460 |
| Port Saint Lucie, FL | 66 mi | $70,075 | 127,270 |
Similar ZIP Codes in Florida
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 33572 | Apollo Beach | $128,166 | #2,495 |
| 33462 | Lantana | $128,954 | #2,468 |
| 33919 | College Parkway | $127,999 | #2,503 |
| 33138 | Miami Shores | $129,198 | #2,454 |
| 34209 | Palma Sola | $127,695 | #2,512 |
| 33762 | Saint Petersburg | $127,457 | #2,531 |
| 33547 | Lithia | $129,883 | #2,424 |
| 34141 | Zcta 34141 | $129,931 | #2,418 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 32935 | Melbourne, FL | 1.1 mi | $55,632 | #21,341 |
| 32952 | Merritt Island, FL | 4.8 mi | $119,155 | #2,980 |
| 32955 | Rockledge, FL | 5.1 mi | $89,849 | #6,279 |
| 32937 | Indian Harbor Be, FL | 6.0 mi | $137,660 | #2,115 |
| 32922 | Cocoa, FL | 7.0 mi | $48,842 | #24,711 |
| 32925 | Patrick A F B, FL | 7.5 mi | $68,886 | #13,544 |
| 32931 | Cocoa Beach, FL | 8.8 mi | $132,819 | #2,302 |
| 32934 | Eau Gallie, FL | 9.8 mi | $98,254 | #4,896 |
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.