ZIP Code 49506 — Grand Rapids, MI

IRS Income Data, Tax Year 2022

$164,909
Average AGI
#1,386
National Rank
#27
MI State Rank
15,430
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 49506.

$1 - $25,000
25.1%
$25,000 - $50,000
18.7%
$50,000 - $75,000
12.6%
$75,000 - $100,000
8.5%
$100,000 - $200,000
19.0%
$200,000 or more
16.1%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 3,870 $43,151,000 $11,150 25.1%
$25,000 - $50,000 2,890 $106,891,000 $36,986 18.7%
$50,000 - $75,000 1,950 $119,491,000 $61,277 12.6%
$75,000 - $100,000 1,310 $114,308,000 $87,258 8.5%
$100,000 - $200,000 2,930 $412,601,000 $140,819 19.0%
$200,000 or more 2,480 $1,748,109,000 $704,882 16.1%
Total 15,430 $2,544,551,000 $164,909 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Kalamazoo, MI 47 mi $79,647 64,000
Lansing, MI 54 mi $52,115 78,000
Saginaw, MI 87 mi $54,330 51,010
South Bend, IN 95 mi $64,604 68,420
Ann Arbor, MI 104 mi $138,195 69,960
Racine, WI 115 mi $67,743 62,510

Similar ZIP Codes in Michigan

ZIP Code City Avg AGI Nat. Rank
48069 Pleasant Ridge $167,541 #1,330
48380 Milford $161,893 #1,452
48167 Northville $158,975 #1,520
48105 Ann Arbor $157,187 #1,559
49129 Union Pier $173,225 #1,249
48236 Grosse Pointe $175,827 #1,207
49453 Saugatuck $152,200 #1,672
48324 Orchard Lake $177,708 #1,182

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
49546 Grand Rapids, MI 2.1 mi $141,833 #1,981
49507 Grand Rapids, MI 4.1 mi $44,439 #26,005
49503 Grand Rapids, MI 4.3 mi $107,464 #3,864
49508 Kentwood, MI 4.4 mi $56,243 #20,995
49512 Kentwood, MI 4.9 mi $68,735 #13,628
49301 Ada, MI 5.0 mi $261,061 #490
49525 Zcta 49525, MI 5.0 mi $103,302 #4,286
49505 Grand Rapids, MI 5.4 mi $62,296 #17,235

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.