ZIP Code 56241 — Granite Falls, MN
IRS Income Data, Tax Year 2022
$73,774
Average AGI
#11,147
National Rank
#406
MN State Rank
2,020
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56241.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 550 | $6,501,000 | $11,820 | 27.2% |
| $25,000 - $50,000 | 450 | $16,697,000 | $37,104 | 22.3% |
| $50,000 - $75,000 | 360 | $22,067,000 | $61,297 | 17.8% |
| $75,000 - $100,000 | 240 | $20,912,000 | $87,133 | 11.9% |
| $100,000 - $200,000 | 330 | $44,164,000 | $133,830 | 16.3% |
| $200,000 or more | 90 | $38,684,000 | $429,822 | 4.5% |
| Total | 2,020 | $149,025,000 | $73,774 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Sioux Falls, SD | 99 mi | $81,804 | 76,110 |
| Brooklyn Center, MN | 117 mi | $63,394 | 52,010 |
| Minneapolis, MN | 118 mi | $88,027 | 187,810 |
| Saint Paul, MN | 125 mi | $84,722 | 96,050 |
| Rochester, MN | 169 mi | $95,397 | 67,880 |
| Des Moines, IA | 243 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56379 | Sauk Rapids | $73,777 | #11,145 |
| 56277 | Olivia | $73,825 | #11,124 |
| 56738 | Newfolden | $73,681 | #11,192 |
| 55040 | Isanti | $73,677 | #11,194 |
| 55336 | Glencoe | $73,671 | #11,199 |
| 55972 | Saint Charles | $73,662 | #11,205 |
| 56751 | Pencer | $73,652 | #11,213 |
| 56115 | Balaton | $73,646 | #11,219 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56245 | Hanley Falls, MN | 6.6 mi | $80,816 | #8,528 |
| 56223 | Clarkfield, MN | 6.7 mi | $84,861 | #7,386 |
| 56297 | Wood Lake, MN | 9.1 mi | $78,402 | #9,341 |
| 56220 | Canby, MN | 12.1 mi | $69,969 | #12,997 |
| 56285 | Sacred Heart, MN | 14.7 mi | $80,473 | #8,647 |
| 56229 | Cottonwood, MN | 15.0 mi | $94,210 | #5,510 |
| 56260 | Maynard, MN | 15.8 mi | $76,555 | #9,997 |
| 56265 | Montevideo, MN | 16.5 mi | $70,232 | #12,883 |
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.