ZIP Code 56586 — Underwood, MN
IRS Income Data, Tax Year 2022
$82,739
Average AGI
#7,968
National Rank
#242
MN State Rank
990
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56586.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 240 | $3,020,000 | $12,583 | 24.2% |
| $25,000 - $50,000 | 210 | $7,967,000 | $37,938 | 21.2% |
| $50,000 - $75,000 | 160 | $9,628,000 | $60,175 | 16.2% |
| $75,000 - $100,000 | 120 | $10,202,000 | $85,016 | 12.1% |
| $100,000 - $200,000 | 210 | $27,294,000 | $129,971 | 21.2% |
| $200,000 or more | 50 | $23,801,000 | $476,020 | 5.1% |
| Total | 990 | $81,912,000 | $82,739 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Brooklyn Center, MN | 149 mi | $63,394 | 52,010 |
| Minneapolis, MN | 155 mi | $88,027 | 187,810 |
| Saint Paul, MN | 161 mi | $84,722 | 96,050 |
| Sioux Falls, SD | 193 mi | $81,804 | 76,110 |
| Rochester, MN | 230 mi | $95,397 | 67,880 |
| Des Moines, IA | 343 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 56733 | Kennedy | $82,794 | #7,953 |
| 56590 | Wendell | $82,627 | #7,999 |
| 56535 | Erskine | $82,501 | #8,044 |
| 55802 | Duluth | $83,014 | #7,890 |
| 56443 | Cushing | $83,053 | #7,877 |
| 55121 | Eagan | $82,410 | #8,070 |
| 55339 | Hamburg | $83,070 | #7,867 |
| 55923 | Chatfield | $83,070 | #7,868 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56515 | Battle Lake, MN | 8.0 mi | $88,650 | #6,534 |
| 56324 | Dalton, MN | 8.0 mi | $81,068 | #8,446 |
| 56537 | Carlisle, MN | 10.6 mi | $70,534 | #12,710 |
| 56576 | Richville, MN | 11.6 mi | $84,272 | #7,531 |
| 56524 | Clitherall, MN | 11.6 mi | $81,724 | #8,261 |
| 56518 | Bluffton, MN | 11.7 mi | $66,350 | #14,917 |
| 56588 | Vining, MN | 11.7 mi | $65,823 | #15,196 |
| 56587 | Vergas, MN | 12.1 mi | $79,825 | #8,853 |
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.