ZIP Code 35542 — Bankston, AL
IRS Income Data, Tax Year 2022
$55,902
Average AGI
#21,191
National Rank
#336
AL State Rank
450
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 35542.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 130 | $1,685,000 | $12,961 | 28.9% |
| $25,000 - $50,000 | 120 | $4,116,000 | $34,300 | 26.7% |
| $50,000 - $75,000 | 80 | $5,057,000 | $63,212 | 17.8% |
| $75,000 - $100,000 | 40 | $3,025,000 | $75,625 | 8.9% |
| $100,000 - $200,000 | 80 | $11,273,000 | $140,912 | 17.8% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 450 | $25,156,000 | $55,902 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Birmingham, AL | 55 mi | $51,611 | 65,650 |
| Huntsville, AL | 96 mi | $87,067 | 96,740 |
| Montgomery, AL | 129 mi | $63,871 | 83,200 |
| Memphis, TN | 158 mi | $66,727 | 265,050 |
| Chattanooga, TN | 169 mi | $88,551 | 76,170 |
| Murfreesboro, TN | 170 mi | $78,465 | 56,840 |
Similar ZIP Codes in Alabama
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 36256 | Daviston | $55,942 | #21,168 |
| 36426 | East Brewton | $55,835 | #21,228 |
| 35555 | Fayette | $55,806 | #21,250 |
| 35581 | Phil Campbell | $56,010 | #21,128 |
| 35967 | Fort Payne | $56,032 | #21,111 |
| 36279 | Wellington | $55,737 | #21,281 |
| 35023 | Hueytown | $55,701 | #21,305 |
| 36477 | Samson | $56,176 | #21,027 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 35555 | Fayette, AL | 2.1 mi | $55,806 | #21,250 |
| 35546 | Berry, AL | 7.8 mi | $60,604 | #18,280 |
| 35574 | Kennedy, AL | 14.4 mi | $62,816 | #16,936 |
| 35554 | Eldridge, AL | 17.5 mi | $57,953 | #19,957 |
| 35592 | Vernon, AL | 18.0 mi | $57,126 | #20,468 |
| 35549 | Carbon Hill, AL | 18.8 mi | $47,913 | #25,033 |
| 35587 | Townley, AL | 20.0 mi | $56,413 | #20,884 |
| 35578 | Nauvoo, AL | 21.2 mi | $53,926 | #22,323 |
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 571 ZIP codes in Alabama and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.