ZIP Code 50703 — Waterloo, IA
IRS Income Data, Tax Year 2022
$46,304
Average AGI
#25,522
National Rank
#817
IA State Rank
7,510
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 50703.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,750 | $37,173,000 | $13,517 | 36.6% |
| $25,000 - $50,000 | 2,400 | $89,255,000 | $37,189 | 32.0% |
| $50,000 - $75,000 | 1,190 | $72,441,000 | $60,874 | 15.9% |
| $75,000 - $100,000 | 550 | $47,566,000 | $86,483 | 7.3% |
| $100,000 - $200,000 | 540 | $69,802,000 | $129,262 | 7.2% |
| $200,000 or more | 80 | $31,512,000 | $393,900 | 1.1% |
| Total | 7,510 | $347,749,000 | $46,304 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Cedar Rapids, IA | 49 mi | $81,017 | 67,890 |
| Des Moines, IA | 97 mi | $69,159 | 78,230 |
| Rochester, MN | 103 mi | $95,397 | 67,880 |
| Madison, WI | 149 mi | $98,052 | 126,460 |
| Rockford, IL | 164 mi | $61,024 | 82,110 |
| Saint Paul, MN | 171 mi | $84,722 | 96,050 |
Similar ZIP Codes in Iowa
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 52801 | Davenport | $46,251 | #25,537 |
| 50065 | Pleasanton | $46,844 | #25,385 |
| 52739 | Conesville | $47,857 | #25,059 |
| 50008 | Allerton | $48,188 | #24,947 |
| 50316 | Des Moines | $44,420 | #26,010 |
| 52584 | Pulaski | $44,161 | #26,063 |
| 50108 | Grand River | $48,488 | #24,838 |
| 50861 | Shannon City | $48,754 | #24,738 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 50626 | Dunkerton, IA | 4.2 mi | $69,356 | #13,302 |
| 50707 | Evansdale, IA | 4.8 mi | $55,187 | #21,596 |
| 50667 | Raymond, IA | 6.1 mi | $73,147 | #11,448 |
| 50702 | Waterloo, IA | 6.9 mi | $51,705 | #23,463 |
| 50701 | Waterloo, IA | 8.6 mi | $76,951 | #9,864 |
| 50613 | Cedar Falls, IA | 9.3 mi | $100,888 | #4,548 |
| 50668 | Readlyn, IA | 10.1 mi | $80,144 | #8,744 |
| 50622 | Denver, IA | 11.5 mi | $97,706 | #4,964 |
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.