ZIP Code 55389 — Watkins, MN
IRS Income Data, Tax Year 2022
$77,905
Average AGI
#9,517
National Rank
#322
MN State Rank
1,290
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55389.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 320 | $3,783,000 | $11,821 | 24.8% |
| $25,000 - $50,000 | 270 | $10,389,000 | $38,477 | 20.9% |
| $50,000 - $75,000 | 230 | $14,191,000 | $61,700 | 17.8% |
| $75,000 - $100,000 | 150 | $13,349,000 | $88,993 | 11.6% |
| $100,000 - $200,000 | 270 | $35,342,000 | $130,896 | 20.9% |
| $200,000 or more | 50 | $23,444,000 | $468,880 | 3.9% |
| Total | 1,290 | $100,498,000 | $77,905 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 56 mi | $63,394 | 52,010 |
| Minneapolis, MN | 61 mi | $88,027 | 187,810 |
| Saint Paul, MN | 68 mi | $84,722 | 96,050 |
| Rochester, MN | 132 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 163 mi | $81,804 | 76,110 |
| Des Moines, IA | 258 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55976 | Stewartville | $77,899 | #9,520 |
| 56271 | Murdock | $77,920 | #9,510 |
| 56045 | Hollandale | $77,921 | #9,509 |
| 56573 | Perham | $77,865 | #9,531 |
| 56301 | Saint Cloud | $77,982 | #9,489 |
| 55901 | Rochester | $77,827 | #9,546 |
| 56349 | Lowry | $78,004 | #9,486 |
| 55066 | Red Wing | $78,006 | #9,485 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55329 | Eden Valley, MN | 4.0 mi | $66,491 | #14,831 |
| 55353 | Kimball, MN | 9.2 mi | $93,643 | #5,614 |
| 55355 | Litchfield, MN | 10.9 mi | $74,310 | #10,925 |
| 55325 | Dassel, MN | 12.1 mi | $83,179 | #7,832 |
| 55382 | South Haven, MN | 13.5 mi | $98,419 | #4,863 |
| 55324 | Darwin, MN | 13.7 mi | $95,981 | #5,244 |
| 56368 | Richmond, MN | 14.0 mi | $98,368 | #4,873 |
| 56243 | Grove City, MN | 14.0 mi | $69,647 | #13,166 |
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.