ZIP Code 47960 — Monticello, IN

IRS Income Data, Tax Year 2022

$70,241
Average AGI
#12,874
National Rank
#240
IN State Rank
7,550
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 47960.

$1 - $25,000
31.8%
$25,000 - $50,000
24.5%
$50,000 - $75,000
15.6%
$75,000 - $100,000
10.1%
$100,000 - $200,000
14.0%
$200,000 or more
4.0%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 2,400 $26,452,000 $11,021 31.8%
$25,000 - $50,000 1,850 $68,463,000 $37,007 24.5%
$50,000 - $75,000 1,180 $72,391,000 $61,348 15.6%
$75,000 - $100,000 760 $65,694,000 $86,439 10.1%
$100,000 - $200,000 1,060 $142,637,000 $134,563 14.0%
$200,000 or more 300 $154,684,000 $515,613 4.0%
Total 7,550 $530,321,000 $70,241 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
South Bend, IN 67 mi $64,604 68,420
Indianapolis, IN 76 mi $66,499 150,250
Southport, IN 81 mi $62,130 64,650
Fort Wayne, IN 87 mi $75,631 160,250
Chicago, IL 87 mi $100,730 1,041,890
Naperville, IL 99 mi $167,679 79,280

Similar ZIP Codes in Indiana

ZIP Code City Avg AGI Nat. Rank
47665 Owensville $70,275 #12,852
46058 Mulberry $70,278 #12,849
46065 Rossville $70,167 #12,910
46773 Monroeville $70,159 #12,911
46128 Fillmore $70,326 #12,821
47246 Hope $70,431 #12,768
47930 Clarks Hill $70,030 #12,972
47250 Madison $70,498 #12,730

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
47950 Idaville, IN 2.2 mi $58,622 #19,514
47926 Burnettsville, IN 7.2 mi $60,281 #18,487
47980 Reynolds, IN 8.9 mi $73,278 #11,387
47923 Brookston, IN 9.6 mi $72,020 #11,943
47929 Chalmers, IN 9.8 mi $67,790 #14,095
47959 Monon, IN 9.9 mi $53,617 #22,493
47995 Wolcott, IN 13.1 mi $70,950 #12,513
46978 Royal Center, IN 14.4 mi $60,152 #18,566

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.