Federal Data Hub › IRS Income by ZIP · JSON

ZIP 55042, MN

Name: Income by ZIP — ZIP 55042, MN
License: https://creativecommons.org/publicdomain/zero/1.0/

IRS Statistics of Income · tax year 2022

Tax returns filed: 7,290
Total adjusted gross income: $1,184,511,000
Average AGI per return: $162,484
Returns ≥ $200k AGI: 1,660 (22.8%)
Total wages: $782,461,000
Capital gains: $57,346,000
Earned income tax credit: $624,000
Charitable contributions: $15,263,000

By income bracket

AGI bracket	Returns	Total AGI
$1–25k	1,450	$15,657,000
$25–50k	960	$35,872,000
$50–75k	800	$49,220,000
$75–100k	610	$52,496,000
$100–200k	1,810	$265,508,000
$200k+	1,660	$765,758,000

The IRS Statistics of Income program tabulates individual income-tax return data by ZIP code and adjusted-gross-income (AGI) bracket. All figures are aggregates with small cells suppressed — no individual taxpayer data is published. "Average AGI per return" is a useful proxy for an area's income level.

Source: IRS SOI ZIP Code Data. License: CC0 1.0.