ZIP Code 56120 — Butterfield, MN
IRS Income Data, Tax Year 2022
$68,584
Average AGI
#13,685
National Rank
#552
MN State Rank
450
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56120.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 110 | $1,474,000 | $13,400 | 24.4% |
| $25,000 - $50,000 | 130 | $5,087,000 | $39,130 | 28.9% |
| $50,000 - $75,000 | 80 | $5,161,000 | $64,512 | 17.8% |
| $75,000 - $100,000 | 50 | $4,150,000 | $83,000 | 11.1% |
| $100,000 - $200,000 | 60 | $7,822,000 | $130,366 | 13.3% |
| $200,000 or more | 20 | $7,169,000 | $358,450 | 4.4% |
| Total | 450 | $30,863,000 | $68,584 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Sioux Falls, SD | 100 mi | $81,804 | 76,110 |
| Minneapolis, MN | 101 mi | $88,027 | 187,810 |
| Brooklyn Center, MN | 104 mi | $63,394 | 52,010 |
| Saint Paul, MN | 106 mi | $84,722 | 96,050 |
| Rochester, MN | 120 mi | $95,397 | 67,880 |
| Des Moines, IA | 177 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55752 | Jacobson | $68,565 | #13,695 |
| 56314 | Bowlus | $68,617 | #13,672 |
| 56355 | Nelson | $68,525 | #13,714 |
| 56510 | Lockhart | $68,517 | #13,719 |
| 56750 | Red Lake Falls | $68,667 | #13,652 |
| 56352 | Melrose | $68,708 | #13,638 |
| 55709 | Bovey | $68,442 | #13,751 |
| 55307 | Arlington | $68,437 | #13,754 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56159 | Mountain Lake, MN | 7.0 mi | $70,462 | #12,748 |
| 56019 | Comfrey, MN | 8.8 mi | $64,738 | #15,840 |
| 56160 | Odin, MN | 10.0 mi | $60,718 | #18,223 |
| 56081 | Saint James, MN | 10.6 mi | $65,120 | #15,606 |
| 56101 | Wilder, MN | 13.5 mi | $66,823 | #14,654 |
| 56118 | Bingham Lake, MN | 13.8 mi | $85,861 | #7,145 |
| 56162 | Ormsby, MN | 14.3 mi | $83,815 | #7,664 |
| 56176 | Trimont, MN | 16.0 mi | $79,894 | #8,829 |
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.