ZIP Code 55963 — Pine Island, MN
IRS Income Data, Tax Year 2022
$89,708
Average AGI
#6,308
National Rank
#158
MN State Rank
2,840
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55963.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 600 | $7,415,000 | $12,358 | 21.1% |
| $25,000 - $50,000 | 540 | $20,100,000 | $37,222 | 19.0% |
| $50,000 - $75,000 | 460 | $28,488,000 | $61,930 | 16.2% |
| $75,000 - $100,000 | 310 | $26,908,000 | $86,800 | 10.9% |
| $100,000 - $200,000 | 720 | $99,512,000 | $138,211 | 25.4% |
| $200,000 or more | 210 | $72,349,000 | $344,519 | 7.4% |
| Total | 2,840 | $254,772,000 | $89,708 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rochester, MN | 22 mi | $95,397 | 67,880 |
| Saint Paul, MN | 52 mi | $84,722 | 96,050 |
| Minneapolis, MN | 56 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 63 mi | $63,394 | 52,010 |
| Cedar Rapids, IA | 165 mi | $81,017 | 67,890 |
| Madison, WI | 185 mi | $98,052 | 126,460 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55301 | Albertville | $89,759 | #6,302 |
| 55313 | Buffalo | $89,529 | #6,338 |
| 56050 | Kasota | $89,462 | #6,352 |
| 55025 | Forest Lake | $89,265 | #6,392 |
| 55024 | Farmington | $90,180 | #6,225 |
| 56308 | Alexandria | $89,154 | #6,415 |
| 55781 | Side Lake | $90,273 | #6,197 |
| 55016 | Cottage Grove | $89,121 | #6,420 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55992 | Zumbrota, MN | 2.0 mi | $81,210 | #8,420 |
| 55983 | Wanamingo, MN | 5.1 mi | $75,527 | #10,438 |
| 55956 | Mazeppa, MN | 9.8 mi | $82,343 | #8,093 |
| 55946 | Kenyon, MN | 9.9 mi | $72,892 | #11,555 |
| 55985 | West Concord, MN | 12.3 mi | $71,354 | #12,287 |
| 55027 | Goodhue, MN | 12.3 mi | $86,469 | #7,026 |
| 55955 | Mantorville, MN | 13.7 mi | $101,153 | #4,513 |
| 55991 | Hammond, MN | 14.2 mi | $84,281 | #7,529 |
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.