ZIP Code 38661 — Red Banks, MS

IRS Income Data, Tax Year 2022

$54,608
Average AGI
#21,932
National Rank
#158
MS State Rank
860
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 38661.

$1 - $25,000
33.7%
$25,000 - $50,000
29.1%
$50,000 - $75,000
16.3%
$75,000 - $100,000
7.0%
$100,000 - $200,000
10.5%
$200,000 or more
3.5%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 290 $3,922,000 $13,524 33.7%
$25,000 - $50,000 250 $9,280,000 $37,120 29.1%
$50,000 - $75,000 140 $8,609,000 $61,492 16.3%
$75,000 - $100,000 60 $5,300,000 $88,333 7.0%
$100,000 - $200,000 90 $11,490,000 $127,666 10.5%
$200,000 or more 30 $8,362,000 $278,733 3.5%
Total 860 $46,963,000 $54,608 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Memphis, TN 27 mi $66,727 265,050
Little Rock, AR 160 mi $97,622 96,220
Clarksville, TN 168 mi $63,017 93,830
Huntsville, AL 168 mi $87,067 96,740
Nashville, TN 179 mi $129,198 210,340
Jackson, MS 182 mi $54,893 61,210

Similar ZIP Codes in Mississippi

ZIP Code City Avg AGI Nat. Rank
39365 Union $54,525 #21,973
39654 Monticello $54,507 #21,988
39645 Liberty $54,503 #21,991
39323 Chunky $54,798 #21,824
38645 Lyon $54,809 #21,815
38965 Water Valley $54,862 #21,777
39773 West Point $54,875 #21,767
39120 Natchez $54,938 #21,738

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
38611 Byhalia, MS 4.3 mi $59,208 #19,136
38635 Holly Springs, MS 8.7 mi $46,274 #25,527
38642 Lamar, MS 9.7 mi $52,023 #23,309
38017 Collierville, TN 15.0 mi $144,812 #1,890
38125 Memphis, TN 15.5 mi $65,357 #15,469
38066 Rossville, TN 15.5 mi $129,055 #2,462
38139 Germantown, TN 16.8 mi $265,647 #473
38654 Olive Branch, MS 17.3 mi $77,807 #9,555

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