ZIP Code 49040 — Colon, MI
IRS Income Data, Tax Year 2022
$58,207
Average AGI
#19,787
National Rank
#572
MI State Rank
1,530
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 49040.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 480 | $5,800,000 | $12,083 | 31.4% |
| $25,000 - $50,000 | 380 | $14,459,000 | $38,050 | 24.8% |
| $50,000 - $75,000 | 260 | $16,032,000 | $61,661 | 17.0% |
| $75,000 - $100,000 | 190 | $16,242,000 | $85,484 | 12.4% |
| $100,000 - $200,000 | 190 | $25,183,000 | $132,542 | 12.4% |
| $200,000 or more | 30 | $11,342,000 | $378,066 | 2.0% |
| Total | 1,530 | $89,058,000 | $58,207 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Kalamazoo, MI | 23 mi | $79,647 | 64,000 |
| South Bend, IN | 52 mi | $64,604 | 68,420 |
| Fort Wayne, IN | 64 mi | $75,631 | 160,250 |
| Lansing, MI | 65 mi | $52,115 | 78,000 |
| Grand Rapids, MI | 69 mi | $103,582 | 82,090 |
| Ann Arbor, MI | 85 mi | $138,195 | 69,960 |
Similar ZIP Codes in Michigan
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 49744 | Herron | $58,221 | #19,780 |
| 48650 | Pinconning | $58,176 | #19,806 |
| 49327 | Grant | $58,239 | #19,765 |
| 48074 | Kimball | $58,262 | #19,752 |
| 48441 | Harbor Beach | $58,151 | #19,824 |
| 48817 | Corunna | $58,266 | #19,745 |
| 49760 | Moran | $58,281 | #19,737 |
| 48120 | Dearborn | $58,296 | #19,723 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 49066 | Leonidas, MI | 3.5 mi | $49,266 | #24,546 |
| 49072 | Mendon, MI | 5.5 mi | $62,070 | #17,369 |
| 49089 | Sherwood, MI | 6.7 mi | $54,810 | #21,813 |
| 49032 | Centreville, MI | 8.3 mi | $59,135 | #19,185 |
| 49030 | Burr Oak, MI | 9.6 mi | $63,719 | #16,439 |
| 49042 | Constantine, MI | 9.8 mi | $61,982 | #17,414 |
| 49093 | Three Rivers, MI | 10.2 mi | $61,853 | #17,501 |
| 49052 | Fulton, MI | 10.8 mi | $65,456 | #15,414 |
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.