ZIP Code 48025 — Franklin, MI

IRS Income Data, Tax Year 2022

$273,701
Average AGI
#444
National Rank
#7
MI State Rank
7,480
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 48025.

$1 - $25,000
19.7%
$25,000 - $50,000
9.2%
$50,000 - $75,000
8.4%
$75,000 - $100,000
7.8%
$100,000 - $200,000
22.3%
$200,000 or more
32.6%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,470 $14,000,000 $9,523 19.7%
$25,000 - $50,000 690 $25,478,000 $36,924 9.2%
$50,000 - $75,000 630 $39,243,000 $62,290 8.4%
$75,000 - $100,000 580 $50,236,000 $86,613 7.8%
$100,000 - $200,000 1,670 $243,718,000 $145,938 22.3%
$200,000 or more 2,440 $1,674,614,000 $686,317 32.6%
Total 7,480 $2,047,289,000 $273,701 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Livonia, MI 11 mi $84,629 51,370
Warren, MI 12 mi $49,608 55,760
Sterling Heights, MI 12 mi $64,602 67,600
Rochester Hills, MI 13 mi $136,068 50,720
Clinton Township, MI 18 mi $63,245 52,730
Detroit, MI 18 mi $40,127 225,580

Similar ZIP Codes in Michigan

ZIP Code City Avg AGI Nat. Rank
49116 Lakeside $274,957 #441
48226 Detroit $284,971 #407
49301 Ada $261,061 #490
48168 $221,992 #706
48070 Huntington Woods $217,841 #733
49636 Glen Arbor $217,517 #736
48323 Orchard Lake $216,563 #743
49130 Union $210,440 #784

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
48301 Bloomfield Towns, MI 1.9 mi $338,370 #292
48009 Birmingham, MI 2.3 mi $382,685 #213
48034 Southfield, MI 3.0 mi $63,160 #16,727
48076 Lathrup Village, MI 3.3 mi $69,799 #13,098
48033 , MI 3.7 mi $62,827 #16,930
48075 Southfield, MI 4.4 mi $63,876 #16,350
48334 Farmington Hills, MI 4.4 mi $107,090 #3,900
48072 Berkley, MI 4.5 mi $95,369 #5,326

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