ZIP Code 55362 — Monticello, MN
IRS Income Data, Tax Year 2022
$91,987
Average AGI
#5,897
National Rank
#139
MN State Rank
10,440
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55362.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,590 | $29,947,000 | $11,562 | 24.8% |
| $25,000 - $50,000 | 2,110 | $79,321,000 | $37,592 | 20.2% |
| $50,000 - $75,000 | 1,760 | $108,525,000 | $61,661 | 16.9% |
| $75,000 - $100,000 | 1,220 | $105,575,000 | $86,536 | 11.7% |
| $100,000 - $200,000 | 2,180 | $298,064,000 | $136,726 | 20.9% |
| $200,000 or more | 580 | $338,917,000 | $584,339 | 5.6% |
| Total | 10,440 | $960,349,000 | $91,987 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 29 mi | $63,394 | 52,010 |
| Minneapolis, MN | 34 mi | $88,027 | 187,810 |
| Saint Paul, MN | 41 mi | $84,722 | 96,050 |
| Rochester, MN | 110 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 184 mi | $81,804 | 76,110 |
| Cedar Rapids, IA | 250 mi | $81,017 | 67,890 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55367 | New Germany | $92,178 | #5,863 |
| 55717 | Canyon | $91,788 | #5,929 |
| 55122 | Eagan | $91,642 | #5,959 |
| 55409 | Minneapolis | $92,389 | #5,820 |
| 56367 | Rice | $92,462 | #5,807 |
| 55310 | Bird Island | $92,538 | #5,791 |
| 55330 | Elk River | $91,428 | #5,991 |
| 55031 | Hampton | $92,611 | #5,776 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55320 | Clearwater, MN | 3.9 mi | $108,041 | #3,806 |
| 55376 | Saint Michael, MN | 6.0 mi | $109,940 | #3,616 |
| 55313 | Buffalo, MN | 6.0 mi | $89,529 | #6,338 |
| 55373 | Rockford, MN | 6.6 mi | $94,528 | #5,461 |
| 55301 | Albertville, MN | 9.1 mi | $89,759 | #6,302 |
| 55358 | Maple Lake, MN | 10.4 mi | $90,446 | #6,170 |
| 55341 | Hanover, MN | 10.6 mi | $125,128 | #2,655 |
| 55309 | Big Lake, MN | 11.4 mi | $82,250 | #8,111 |
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.