ZIP Code 55721 — Cohasset, MN
IRS Income Data, Tax Year 2022
$93,592
Average AGI
#5,624
National Rank
#126
MN State Rank
1,730
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55721.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 420 | $5,204,000 | $12,390 | 24.3% |
| $25,000 - $50,000 | 350 | $12,527,000 | $35,791 | 20.2% |
| $50,000 - $75,000 | 250 | $15,826,000 | $63,304 | 14.5% |
| $75,000 - $100,000 | 200 | $17,099,000 | $85,495 | 11.6% |
| $100,000 - $200,000 | 380 | $51,537,000 | $135,623 | 22.0% |
| $200,000 or more | 130 | $59,722,000 | $459,400 | 7.5% |
| Total | 1,730 | $161,915,000 | $93,592 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 150 mi | $63,394 | 52,010 |
| Minneapolis, MN | 157 mi | $88,027 | 187,810 |
| Saint Paul, MN | 159 mi | $84,722 | 96,050 |
| Rochester, MN | 228 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 298 mi | $81,804 | 76,110 |
| Appleton, WI | 317 mi | $86,320 | 63,610 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55353 | Kimball | $93,643 | #5,614 |
| 55316 | Champlin | $93,657 | #5,608 |
| 55112 | New Brighton | $93,498 | #5,636 |
| 55013 | Chisago City | $93,725 | #5,596 |
| 56546 | Georgetown | $93,316 | #5,657 |
| 56017 | Cleveland | $93,200 | #5,673 |
| 56728 | Hallock | $94,027 | #5,555 |
| 56327 | Farwell | $94,112 | #5,533 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55744 | La Prairie, MN | 5.8 mi | $73,164 | #11,439 |
| 55709 | Bovey, MN | 9.6 mi | $68,442 | #13,751 |
| 55793 | Warba, MN | 13.5 mi | $66,716 | #14,712 |
| 55775 | Pengilly, MN | 14.6 mi | $91,057 | #6,055 |
| 55742 | Goodland, MN | 18.7 mi | $70,092 | #12,941 |
| 55769 | Nashwauk, MN | 19.0 mi | $67,588 | #14,214 |
| 56636 | Deer River, MN | 21.0 mi | $65,066 | #15,646 |
| 56657 | Marcell, MN | 22.0 mi | $84,445 | #7,491 |
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.