ZIP Code 56307 — Albany, MN
IRS Income Data, Tax Year 2022
$82,036
Average AGI
#8,176
National Rank
#252
MN State Rank
2,560
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56307.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 600 | $7,036,000 | $11,726 | 23.4% |
| $25,000 - $50,000 | 540 | $20,122,000 | $37,262 | 21.1% |
| $50,000 - $75,000 | 410 | $24,957,000 | $60,870 | 16.0% |
| $75,000 - $100,000 | 320 | $27,516,000 | $85,987 | 12.5% |
| $100,000 - $200,000 | 560 | $75,354,000 | $134,560 | 21.9% |
| $200,000 or more | 130 | $55,028,000 | $423,292 | 5.1% |
| Total | 2,560 | $210,013,000 | $82,036 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 68 mi | $63,394 | 52,010 |
| Minneapolis, MN | 74 mi | $88,027 | 187,810 |
| Saint Paul, MN | 81 mi | $84,722 | 96,050 |
| Rochester, MN | 150 mi | $95,397 | 67,880 |
| Sioux Falls, SD | 180 mi | $81,804 | 76,110 |
| Des Moines, IA | 282 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56025 | Easton | $82,065 | #8,170 |
| 56571 | Ottertail | $81,991 | #8,185 |
| 56151 | Lake Wilson | $81,965 | #8,192 |
| 55418 | Minneapolis | $81,920 | #8,206 |
| 56156 | Luverne | $82,244 | #8,112 |
| 55309 | Big Lake | $82,250 | #8,111 |
| 55956 | Mazeppa | $82,343 | #8,093 |
| 56524 | Clitherall | $81,724 | #8,261 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56310 | Avon, MN | 3.0 mi | $96,573 | #5,151 |
| 56340 | Holdingford, MN | 3.7 mi | $79,360 | #9,013 |
| 56304 | Saint Cloud, MN | 5.5 mi | $57,926 | #19,978 |
| 56375 | Saint Stephen, MN | 5.8 mi | $78,066 | #9,462 |
| 56352 | Melrose, MN | 6.8 mi | $68,708 | #13,638 |
| 56374 | Saint Joseph, MN | 6.9 mi | $80,834 | #8,520 |
| 56377 | Sartell, MN | 7.3 mi | $103,124 | #4,315 |
| 56331 | Freeport, MN | 8.3 mi | $88,466 | #6,569 |
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.