ZIP Code 55738 — Forbes, MN
IRS Income Data, Tax Year 2022
$68,744
Average AGI
#13,624
National Rank
#548
MN State Rank
270
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55738.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 50 | $675,000 | $13,500 | 18.5% |
| $25,000 - $50,000 | 70 | $2,323,000 | $33,185 | 25.9% |
| $50,000 - $75,000 | 50 | $3,218,000 | $64,360 | 18.5% |
| $75,000 - $100,000 | 30 | $2,654,000 | $88,466 | 11.1% |
| $100,000 - $200,000 | 70 | $9,691,000 | $138,442 | 25.9% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 270 | $18,561,000 | $68,744 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 155 mi | $63,394 | 52,010 |
| Minneapolis, MN | 162 mi | $88,027 | 187,810 |
| Saint Paul, MN | 162 mi | $84,722 | 96,050 |
| Rochester, MN | 224 mi | $95,397 | 67,880 |
| Appleton, WI | 289 mi | $86,320 | 63,610 |
| Green Bay, WI | 295 mi | $87,144 | 53,620 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56352 | Melrose | $68,708 | #13,638 |
| 56364 | Pierz | $68,819 | #13,572 |
| 55951 | Le Roy | $68,819 | #13,571 |
| 56750 | Red Lake Falls | $68,667 | #13,652 |
| 56278 | Ortonville | $68,842 | #13,560 |
| 56401 | East Gull Lake | $68,860 | #13,555 |
| 55731 | Ely | $68,871 | #13,547 |
| 56314 | Bowlus | $68,617 | #13,672 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55751 | Iron, MN | 10.2 mi | $69,388 | #13,287 |
| 55765 | Meadowlands, MN | 12.4 mi | $65,050 | #15,659 |
| 55768 | Mountain Iron, MN | 12.6 mi | $79,141 | #9,092 |
| 55734 | Eveleth, MN | 13.1 mi | $70,786 | #12,589 |
| 55746 | Hibbing, MN | 13.5 mi | $66,680 | #14,735 |
| 55724 | Kelsey, MN | 14.0 mi | $73,372 | #11,344 |
| 55717 | Canyon, MN | 17.9 mi | $91,788 | #5,929 |
| 55702 | Alborn, MN | 18.1 mi | $67,619 | #14,198 |
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.