ZIP Code 47421 — Bedford, IN

IRS Income Data, Tax Year 2022

$62,714
Average AGI
#16,997
National Rank
#404
IN State Rank
13,330
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 47421.

$1 - $25,000
30.0%
$25,000 - $50,000
25.3%
$50,000 - $75,000
15.8%
$75,000 - $100,000
11.2%
$100,000 - $200,000
14.9%
$200,000 or more
2.9%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 4,000 $47,136,000 $11,784 30.0%
$25,000 - $50,000 3,370 $124,242,000 $36,867 25.3%
$50,000 - $75,000 2,110 $129,504,000 $61,376 15.8%
$75,000 - $100,000 1,490 $129,283,000 $86,767 11.2%
$100,000 - $200,000 1,980 $262,584,000 $132,618 14.9%
$200,000 or more 380 $143,237,000 $376,939 2.9%
Total 13,330 $835,986,000 $62,714 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Southport, IN 59 mi $62,130 64,650
Louisville, KY 63 mi $73,230 131,160
Indianapolis, IN 65 mi $66,499 150,250
Evansville, IN 83 mi $61,857 77,320
Cincinnati, OH 109 mi $84,663 126,940
Lexington, KY 125 mi $86,968 143,860

Similar ZIP Codes in Indiana

ZIP Code City Avg AGI Nat. Rank
46124 Edinburgh $62,653 #17,030
46044 Frankton $62,650 #17,033
47449 Newberry $62,803 #16,945
47837 Carbon $62,543 #17,095
47591 Vincennes $62,899 #16,889
46173 Rushville $62,514 #17,112
47949 Hillsboro $62,927 #16,865
47403 Bloomington $62,931 #16,862

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
47451 Oolitic, IN 0.4 mi $51,800 #23,416
47436 Heltonville, IN 4.3 mi $65,148 #15,588
47470 Williams, IN 4.3 mi $61,444 #17,753
47462 Springville, IN 4.7 mi $66,044 #15,073
47446 Mitchell, IN 6.1 mi $55,385 #21,487
47403 Bloomington, IN 13.5 mi $62,931 #16,862
47401 Bloomington, IN 13.9 mi $100,452 #4,609
47264 Norman, IN 16.0 mi $59,331 #19,053

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