ZIP Code 55008 — Cambridge, MN
IRS Income Data, Tax Year 2022
$70,353
Average AGI
#12,807
National Rank
#508
MN State Rank
8,630
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55008.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,190 | $26,106,000 | $11,920 | 25.4% |
| $25,000 - $50,000 | 2,000 | $74,965,000 | $37,482 | 23.2% |
| $50,000 - $75,000 | 1,510 | $92,998,000 | $61,588 | 17.5% |
| $75,000 - $100,000 | 1,030 | $89,347,000 | $86,744 | 11.9% |
| $100,000 - $200,000 | 1,580 | $210,990,000 | $133,537 | 18.3% |
| $200,000 or more | 320 | $112,747,000 | $352,334 | 3.7% |
| Total | 8,630 | $607,153,000 | $70,353 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 37 mi | $63,394 | 52,010 |
| Minneapolis, MN | 43 mi | $88,027 | 187,810 |
| Saint Paul, MN | 46 mi | $84,722 | 96,050 |
| Rochester, MN | 116 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 221 mi | $81,804 | 76,110 |
| Appleton, WI | 252 mi | $86,320 | 63,610 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55990 | Wykoff | $70,345 | #12,810 |
| 56431 | Aitkin | $70,376 | #12,794 |
| 56292 | Vesta | $70,436 | #12,764 |
| 56574 | Perley | $70,253 | #12,867 |
| 56058 | Le Sueur | $70,454 | #12,752 |
| 56159 | Mountain Lake | $70,462 | #12,748 |
| 56265 | Montevideo | $70,232 | #12,883 |
| 55423 | Richfield | $70,211 | #12,892 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55040 | Isanti, MN | 2.8 mi | $73,677 | #11,194 |
| 55080 | Stanchfield, MN | 3.4 mi | $83,257 | #7,821 |
| 55006 | Braham, MN | 6.2 mi | $61,850 | #17,505 |
| 55017 | Dalbo, MN | 9.0 mi | $72,327 | #11,816 |
| 55032 | Harris, MN | 12.8 mi | $85,089 | #7,343 |
| 55069 | Rush City, MN | 14.8 mi | $67,421 | #14,304 |
| 55005 | East Bethel, MN | 14.8 mi | $84,750 | #7,415 |
| 55070 | Saint Francis, MN | 15.1 mi | $72,013 | #11,946 |
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 788 ZIP codes in Minnesota and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.