ZIP Code 87020 — Grants, NM
IRS Income Data, Tax Year 2022
$50,318
Average AGI
#24,098
National Rank
#123
NM State Rank
4,120
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 87020.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 1,550 | $18,364,000 | $11,847 | 37.6% |
| $25,000 - $50,000 | 1,140 | $41,443,000 | $36,353 | 27.7% |
| $50,000 - $75,000 | 570 | $34,824,000 | $61,094 | 13.8% |
| $75,000 - $100,000 | 360 | $31,145,000 | $86,513 | 8.7% |
| $100,000 - $200,000 | 420 | $55,460,000 | $132,047 | 10.2% |
| $200,000 or more | 80 | $26,077,000 | $325,962 | 1.9% |
| Total | 4,120 | $207,313,000 | $50,318 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Albuquerque, NM | 72 mi | $71,705 | 276,890 |
| Las Cruces, NM | 203 mi | $60,125 | 56,460 |
| El Paso, TX | 241 mi | $56,636 | 303,970 |
| Mesa, AZ | 252 mi | $77,112 | 226,980 |
| Gilbert, AZ | 256 mi | $111,812 | 64,340 |
| Chandler, AZ | 260 mi | $99,744 | 99,560 |
Similar ZIP Codes in New Mexico
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 87567 | Santa Cruz | $50,349 | #24,080 |
| 87108 | Albuquerque | $50,219 | #24,144 |
| 87417 | Kirtland | $50,474 | #24,025 |
| 87027 | La Jara | $50,486 | #24,019 |
| 87832 | San Antonio | $50,013 | #24,230 |
| 88434 | San Jon | $50,640 | #23,939 |
| 88316 | Capitan | $50,736 | #23,890 |
| 87016 | Estancia | $50,739 | #23,889 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 87005 | Bluewater, NM | 14.4 mi | $42,411 | #26,400 |
| 87014 | Cubero, NM | 15.0 mi | $45,842 | #25,653 |
| 87026 | Canoncito, NM | 15.0 mi | $34,055 | #27,347 |
| 87045 | Prewitt, NM | 22.1 mi | $29,943 | #27,529 |
| 87323 | Thoreau, NM | 27.0 mi | $35,028 | #27,287 |
| 87312 | Continental Divi, NM | 32.1 mi | $38,919 | #26,911 |
| 87321 | Ramah, NM | 36.9 mi | $40,173 | #26,755 |
| 87301 | Gallup, NM | 46.4 mi | $54,645 | #21,916 |
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 210 ZIP codes in New Mexico and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.