ZIP Code 55060 — Owatonna, MN
IRS Income Data, Tax Year 2022
$73,317
Average AGI
#11,371
National Rank
#421
MN State Rank
15,100
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55060.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 3,930 | $45,811,000 | $11,656 | 26.0% |
| $25,000 - $50,000 | 3,570 | $134,652,000 | $37,717 | 23.6% |
| $50,000 - $75,000 | 2,560 | $156,207,000 | $61,018 | 17.0% |
| $75,000 - $100,000 | 1,570 | $136,810,000 | $87,140 | 10.4% |
| $100,000 - $200,000 | 2,790 | $377,038,000 | $135,139 | 18.5% |
| $200,000 or more | 680 | $256,574,000 | $377,314 | 4.5% |
| Total | 15,100 | $1,107,092,000 | $73,317 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rochester, MN | 41 mi | $95,397 | 67,880 |
| Saint Paul, MN | 62 mi | $84,722 | 96,050 |
| Minneapolis, MN | 64 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 71 mi | $63,394 | 52,010 |
| Cedar Rapids, IA | 162 mi | $81,017 | 67,890 |
| Des Moines, IA | 171 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56326 | Evansville | $73,319 | #11,369 |
| 56528 | Dent | $73,349 | #11,355 |
| 55724 | Kelsey | $73,372 | #11,344 |
| 55338 | Green Isle | $73,207 | #11,420 |
| 56143 | Jackson | $73,202 | #11,427 |
| 55744 | La Prairie | $73,164 | #11,439 |
| 56715 | Brooks | $73,476 | #11,294 |
| 55055 | Newport | $73,498 | #11,287 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55917 | Blooming Prairie, MN | 4.7 mi | $79,356 | #9,014 |
| 55049 | Medford, MN | 7.9 mi | $70,177 | #12,905 |
| 56026 | Ellendale, MN | 8.8 mi | $70,196 | #12,897 |
| 55924 | Claremont, MN | 12.3 mi | $75,770 | #10,334 |
| 55927 | Dodge Center, MN | 15.5 mi | $82,392 | #8,078 |
| 55087 | Warsaw, MN | 15.8 mi | $57,811 | #20,053 |
| 56093 | Waseca, MN | 16.3 mi | $65,334 | #15,484 |
| 55985 | West Concord, MN | 17.3 mi | $71,354 | #12,287 |
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.