ZIP Code 50514 — Armstrong, IA
IRS Income Data, Tax Year 2022
$69,064
Average AGI
#13,455
National Rank
#567
IA State Rank
640
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 50514.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 170 | $1,986,000 | $11,682 | 26.6% |
| $25,000 - $50,000 | 150 | $5,805,000 | $38,700 | 23.4% |
| $50,000 - $75,000 | 120 | $7,412,000 | $61,766 | 18.8% |
| $75,000 - $100,000 | 70 | $6,315,000 | $90,214 | 10.9% |
| $100,000 - $200,000 | 110 | $14,622,000 | $132,927 | 17.2% |
| $200,000 or more | 20 | $8,061,000 | $403,050 | 3.1% |
| Total | 640 | $44,201,000 | $69,064 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Sioux Falls, SD | 111 mi | $81,804 | 76,110 |
| Rochester, MN | 115 mi | $95,397 | 67,880 |
| Minneapolis, MN | 125 mi | $88,027 | 187,810 |
| Saint Paul, MN | 127 mi | $84,722 | 96,050 |
| Brooklyn Center, MN | 129 mi | $63,394 | 52,010 |
| Des Moines, IA | 134 mi | $69,159 | 78,230 |
Similar ZIP Codes in Iowa
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 50849 | Greenfield | $69,056 | #13,459 |
| 50557 | Lehigh | $69,103 | #13,433 |
| 50141 | Laurel | $69,018 | #13,478 |
| 52571 | Moravia | $69,018 | #13,479 |
| 50541 | Gilmore City | $69,014 | #13,481 |
| 51439 | Charter Oak | $68,979 | #13,492 |
| 50616 | Charles City | $69,169 | #13,400 |
| 52165 | Ridgeway | $68,943 | #13,515 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 50531 | Dolliver, IA | 4.9 mi | $96,350 | #5,189 |
| 50578 | Ringsted, IA | 6.7 mi | $79,383 | #9,004 |
| 51334 | Estherville, IA | 10.5 mi | $62,303 | #17,232 |
| 56121 | Ceylon, MN | 12.8 mi | $65,350 | #15,475 |
| 50539 | Fenton, IA | 13.7 mi | $72,672 | #11,657 |
| 51365 | Wallingford, IA | 14.6 mi | $81,552 | #8,314 |
| 50590 | Swea City, IA | 14.6 mi | $59,860 | #18,745 |
| 50517 | Bancroft, IA | 15.7 mi | $73,485 | #11,290 |
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 823 ZIP codes in Iowa and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.