ZIP Code 55965 — Preston, MN
IRS Income Data, Tax Year 2022
$71,768
Average AGI
#12,069
National Rank
#459
MN State Rank
1,170
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 55965.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 320 | $3,920,000 | $12,250 | 27.4% |
| $25,000 - $50,000 | 280 | $10,472,000 | $37,400 | 23.9% |
| $50,000 - $75,000 | 170 | $10,798,000 | $63,517 | 14.5% |
| $75,000 - $100,000 | 140 | $11,786,000 | $84,185 | 12.0% |
| $100,000 - $200,000 | 210 | $27,686,000 | $131,838 | 18.0% |
| $200,000 or more | 50 | $19,307,000 | $386,140 | 4.3% |
| Total | 1,170 | $83,969,000 | $71,768 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Rochester, MN | 27 mi | $95,397 | 67,880 |
| Saint Paul, MN | 100 mi | $84,722 | 96,050 |
| Minneapolis, MN | 105 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 112 mi | $63,394 | 52,010 |
| Cedar Rapids, IA | 121 mi | $81,017 | 67,890 |
| Madison, WI | 142 mi | $98,052 | 126,460 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55312 | Brownton | $71,765 | #12,071 |
| 56252 | Kerkhoven | $71,763 | #12,072 |
| 55741 | Gilbert | $71,773 | #12,064 |
| 55959 | Minnesota City | $71,757 | #12,078 |
| 56543 | Foxhome | $71,785 | #12,056 |
| 56169 | Russell | $71,800 | #12,051 |
| 55921 | Caledonia | $71,720 | #12,099 |
| 56473 | Pillager | $71,710 | #12,107 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 55961 | Ostrander, MN | 0.6 mi | $66,319 | #14,937 |
| 55962 | Peterson, MN | 3.6 mi | $71,650 | #12,137 |
| 55935 | Fountain, MN | 3.9 mi | $76,952 | #9,863 |
| 55923 | Chatfield, MN | 4.3 mi | $83,070 | #7,868 |
| 55949 | Lanesboro, MN | 5.9 mi | $71,364 | #12,281 |
| 55990 | Wykoff, MN | 7.1 mi | $70,345 | #12,810 |
| 55939 | Harmony, MN | 11.9 mi | $62,005 | #17,402 |
| 55975 | Spring Valley, MN | 12.0 mi | $78,605 | #9,272 |
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.