ZIP Code 56062 — Madelia, MN
IRS Income Data, Tax Year 2022
$68,066
Average AGI
#13,953
National Rank
#564
MN State Rank
1,550
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56062.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 400 | $4,976,000 | $12,440 | 25.8% |
| $25,000 - $50,000 | 430 | $16,178,000 | $37,623 | 27.7% |
| $50,000 - $75,000 | 260 | $16,079,000 | $61,842 | 16.8% |
| $75,000 - $100,000 | 160 | $13,591,000 | $84,943 | 10.3% |
| $100,000 - $200,000 | 240 | $31,845,000 | $132,687 | 15.5% |
| $200,000 or more | 60 | $22,834,000 | $380,566 | 3.9% |
| Total | 1,550 | $105,503,000 | $68,066 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Minneapolis, MN | 85 mi | $88,027 | 187,810 |
| Saint Paul, MN | 89 mi | $84,722 | 96,050 |
| Brooklyn Center, MN | 89 mi | $63,394 | 52,010 |
| Rochester, MN | 100 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 120 mi | $81,804 | 76,110 |
| Des Moines, IA | 175 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56361 | Parkers Prairie | $68,052 | #13,964 |
| 56039 | Granada | $68,087 | #13,937 |
| 56725 | Goodridge | $68,155 | #13,903 |
| 56754 | Saint Hilaire | $67,956 | #14,020 |
| 56569 | Ogema | $67,947 | #14,029 |
| 56461 | Laporte | $67,941 | #14,031 |
| 56701 | Thief River Fall | $67,938 | #14,032 |
| 56678 | Solway | $67,936 | #14,036 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56041 | Hanska, MN | 7.1 mi | $78,878 | #9,181 |
| 56060 | Lewisville, MN | 8.8 mi | $76,426 | #10,052 |
| 56081 | Saint James, MN | 10.5 mi | $65,120 | #15,606 |
| 56055 | Lake Crystal, MN | 12.1 mi | $80,765 | #8,549 |
| 56034 | Garden City, MN | 12.4 mi | $83,128 | #7,844 |
| 56090 | Vernon Center, MN | 12.5 mi | $71,158 | #12,383 |
| 56037 | Good Thunder, MN | 15.1 mi | $80,088 | #8,762 |
| 56073 | New Ulm, MN | 15.2 mi | $71,001 | #12,479 |
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.