ZIP Code 56531 — Elbow Lake, MN
IRS Income Data, Tax Year 2022
$70,586
Average AGI
#12,688
National Rank
#499
MN State Rank
990
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56531.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 290 | $3,616,000 | $12,468 | 29.3% |
| $25,000 - $50,000 | 230 | $8,409,000 | $36,560 | 23.2% |
| $50,000 - $75,000 | 140 | $8,843,000 | $63,164 | 14.1% |
| $75,000 - $100,000 | 110 | $9,238,000 | $83,981 | 11.1% |
| $100,000 - $200,000 | 170 | $22,553,000 | $132,664 | 17.2% |
| $200,000 or more | 50 | $17,222,000 | $344,440 | 5.1% |
| Total | 990 | $69,881,000 | $70,586 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 143 mi | $63,394 | 52,010 |
| Minneapolis, MN | 148 mi | $88,027 | 187,810 |
| Saint Paul, MN | 155 mi | $84,722 | 96,050 |
| Sioux Falls, SD | 173 mi | $81,804 | 76,110 |
| Rochester, MN | 220 mi | $95,397 | 67,880 |
| Des Moines, IA | 326 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55448 | Coon Rapids | $70,596 | #12,683 |
| 55925 | Dakota | $70,573 | #12,695 |
| 56013 | Blue Earth | $70,601 | #12,678 |
| 56255 | Lucan | $70,635 | #12,663 |
| 56537 | Carlisle | $70,534 | #12,710 |
| 55797 | Wrenshall | $70,644 | #12,657 |
| 56343 | Kensington | $70,526 | #12,715 |
| 56353 | Milaca | $70,516 | #12,721 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56590 | Wendell, MN | 5.0 mi | $82,627 | #7,999 |
| 56311 | Barrett, MN | 8.5 mi | $67,550 | #14,240 |
| 56309 | Ashby, MN | 9.6 mi | $80,882 | #8,503 |
| 56324 | Dalton, MN | 12.3 mi | $81,068 | #8,446 |
| 56339 | Hoffman, MN | 13.9 mi | $69,116 | #13,424 |
| 56248 | Herman, MN | 14.0 mi | $80,720 | #8,566 |
| 56326 | Evansville, MN | 14.1 mi | $73,319 | #11,369 |
| 56343 | Kensington, MN | 19.2 mi | $70,526 | #12,715 |
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.