ZIP Code 55731 — Ely, MN
IRS Income Data, Tax Year 2022
$68,871
Average AGI
#13,547
National Rank
#543
MN State Rank
2,910
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55731.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 880 | $10,512,000 | $11,945 | 30.2% |
| $25,000 - $50,000 | 650 | $23,917,000 | $36,795 | 22.3% |
| $50,000 - $75,000 | 460 | $28,142,000 | $61,178 | 15.8% |
| $75,000 - $100,000 | 280 | $24,280,000 | $86,714 | 9.6% |
| $100,000 - $200,000 | 510 | $67,380,000 | $132,117 | 17.5% |
| $200,000 or more | 130 | $46,185,000 | $355,269 | 4.5% |
| Total | 2,910 | $200,416,000 | $68,871 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 206 mi | $63,394 | 52,010 |
| Saint Paul, MN | 212 mi | $84,722 | 96,050 |
| Minneapolis, MN | 212 mi | $88,027 | 187,810 |
| Rochester, MN | 269 mi | $95,397 | 67,880 |
| Appleton, WI | 302 mi | $86,320 | 63,610 |
| Green Bay, WI | 304 mi | $87,144 | 53,620 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56401 | East Gull Lake | $68,860 | #13,555 |
| 56278 | Ortonville | $68,842 | #13,560 |
| 56364 | Pierz | $68,819 | #13,572 |
| 55951 | Le Roy | $68,819 | #13,571 |
| 56560 | Moorhead | $68,955 | #13,508 |
| 55738 | Forbes | $68,744 | #13,624 |
| 56175 | Tracy | $69,024 | #13,473 |
| 56352 | Melrose | $68,708 | #13,638 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55706 | Babbitt, MN | 12.6 mi | $57,214 | #20,411 |
| 55790 | Tower, MN | 17.3 mi | $79,629 | #8,920 |
| 55705 | Aurora, MN | 19.8 mi | $63,919 | #16,318 |
| 55732 | Embarrass, MN | 20.2 mi | $63,618 | #16,493 |
| 55750 | Hoyt Lakes, MN | 28.8 mi | $56,085 | #21,091 |
| 55792 | Virginia, MN | 29.2 mi | $60,144 | #18,573 |
| 55719 | Chisholm, MN | 31.5 mi | $59,463 | #18,976 |
| 55723 | Cook, MN | 34.8 mi | $75,501 | #10,453 |
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.