ZIP Code 55033 — Welch, MN
IRS Income Data, Tax Year 2022
$86,726
Average AGI
#6,966
National Rank
#191
MN State Rank
15,460
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55033.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 3,510 | $40,159,000 | $11,441 | 22.7% |
| $25,000 - $50,000 | 3,040 | $114,905,000 | $37,797 | 19.7% |
| $50,000 - $75,000 | 2,600 | $160,006,000 | $61,540 | 16.8% |
| $75,000 - $100,000 | 1,790 | $154,735,000 | $86,444 | 11.6% |
| $100,000 - $200,000 | 3,420 | $468,209,000 | $136,903 | 22.1% |
| $200,000 or more | 1,100 | $402,784,000 | $366,167 | 7.1% |
| Total | 15,460 | $1,340,798,000 | $86,726 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Saint Paul, MN | 15 mi | $84,722 | 96,050 |
| Minneapolis, MN | 20 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 27 mi | $63,394 | 52,010 |
| Rochester, MN | 58 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 200 mi | $81,804 | 76,110 |
| Cedar Rapids, IA | 202 mi | $81,017 | 67,890 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55427 | Golden Valley | $86,690 | #6,978 |
| 56123 | Currie | $86,768 | #6,952 |
| 56315 | Brandon | $86,808 | #6,943 |
| 55113 | Roseville | $86,845 | #6,938 |
| 56585 | Ulen | $86,563 | #7,009 |
| 56263 | Milroy | $86,917 | #6,918 |
| 55012 | Center City | $86,953 | #6,911 |
| 55027 | Goodhue | $86,469 | #7,026 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55068 | Rosemount, MN | 5.7 mi | $98,952 | #4,795 |
| 55071 | Saint Paul Park, MN | 6.3 mi | $64,692 | #15,878 |
| 55076 | Inver Grove Heig, MN | 6.3 mi | $80,426 | #8,661 |
| 55077 | Inver Grove Heig, MN | 7.0 mi | $131,000 | #2,376 |
| 55123 | Eagan, MN | 7.1 mi | $127,870 | #2,505 |
| 55016 | Cottage Grove, MN | 7.6 mi | $89,121 | #6,420 |
| 55124 | Apple Valley, MN | 8.4 mi | $90,745 | #6,108 |
| 55121 | Eagan, MN | 8.5 mi | $82,410 | #8,070 |
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.