ZIP Code 50517 — Bancroft, IA
IRS Income Data, Tax Year 2022
$73,485
Average AGI
#11,290
National Rank
#441
IA State Rank
470
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 50517.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 100 | $1,265,000 | $12,650 | 21.3% |
| $25,000 - $50,000 | 130 | $4,722,000 | $36,323 | 27.7% |
| $50,000 - $75,000 | 80 | $4,585,000 | $57,312 | 17.0% |
| $75,000 - $100,000 | 60 | $4,796,000 | $79,933 | 12.8% |
| $100,000 - $200,000 | 70 | $9,360,000 | $133,714 | 14.9% |
| $200,000 or more | 30 | $9,810,000 | $327,000 | 6.4% |
| Total | 470 | $34,538,000 | $73,485 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rochester, MN | 105 mi | $95,397 | 67,880 |
| Des Moines, IA | 123 mi | $69,159 | 78,230 |
| Minneapolis, MN | 125 mi | $88,027 | 187,810 |
| Sioux Falls, SD | 125 mi | $81,804 | 76,110 |
| Saint Paul, MN | 126 mi | $84,722 | 96,050 |
| Brooklyn Center, MN | 130 mi | $63,394 | 52,010 |
Similar ZIP Codes in Iowa
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 50116 | Hamilton | $73,409 | #11,325 |
| 52134 | Chester | $73,566 | #11,257 |
| 50054 | Colfax | $73,402 | #11,329 |
| 51056 | Smithland | $73,615 | #11,235 |
| 52209 | Blairstown | $73,352 | #11,354 |
| 50026 | Bagley | $73,640 | #11,221 |
| 50675 | Traer | $73,322 | #11,366 |
| 52654 | Wayland | $73,671 | #11,198 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 50590 | Swea City, IA | 2.7 mi | $59,860 | #18,745 |
| 50559 | Lone Rock, IA | 6.6 mi | $80,486 | #8,640 |
| 50539 | Fenton, IA | 8.1 mi | $72,672 | #11,657 |
| 50451 | Lakota, IA | 8.5 mi | $77,276 | #9,750 |
| 50522 | Burt, IA | 9.3 mi | $62,612 | #17,055 |
| 50556 | Ledyard, IA | 10.0 mi | $70,470 | #12,742 |
| 50480 | Titonka, IA | 10.3 mi | $68,450 | #13,747 |
| 50511 | Algona, IA | 14.3 mi | $85,289 | #7,288 |
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.