What is the average income in ZIP code 56024?

For tax year 2022, the average adjusted gross income on the 1,710 individual tax returns filed in 56024 was $72,940, compared with $93,226 for Minnesota.

How many people in 56024 get the earned income tax credit?

180 returns in 56024 (10.5%) claimed the earned income tax credit for tax year 2022.

Why might these numbers differ from Census income figures?

IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.

Checked Oct 22, 2026

ZIP Code 56024 Income and Tax Statistics

Eagle Lake, MN. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns: 1,710; 3,250 people on returns
Average adjusted gross income: $72,940; Minnesota $93,226
Average salaries and wages: $64,916; Returns with wages
Average income tax: $8,979; Minnesota $16,030

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,99940023.4%
$25,000 to $49,99939022.8%
$50,000 to $74,99930017.5%
$75,000 to $99,9991709.9%
$100,000 to $199,99938022.2%
$200,000 or more704.1%

Income, credits and taxes in 56024

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

Item	Returns	Share of returns	Total	Average
Salaries and wages	1,510	88.3%	$98.02M	$64,916
Business or professional income	230	13.5%	$3.57M	$15,500
Net capital gains	280	16.4%	$1.92M	$6,864
Taxable pensions and annuities	270	15.8%	$5.44M	$20,159
Taxable Social Security benefits	220	12.9%	$3.46M	$15,741
Itemized deductions	70	4.1%	$1.87M	$26,771
Earned income tax credit	180	10.5%	$361K	$2,006
Refundable child tax credit	140	8.2%	$250K	$1,786
Income tax after credits	1,310	76.6%	$11.76M	$8,979
Refunds	1,180	69.0%	$2.76M	$2,335

Frequently asked questions

What is the average income in ZIP code 56024?: For tax year 2022, the average adjusted gross income on the 1,710 individual tax returns filed in 56024 was $72,940, compared with $93,226 for Minnesota.
How many people in 56024 get the earned income tax credit?: 180 returns in 56024 (10.5%) claimed the earned income tax credit for tax year 2022.
Why might these numbers differ from Census income figures?: IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.

Source: Internal Revenue Service, Statistics of Income · Tax year 2022

Data sources

Statistics of Income (ZIP code data and migration data)Internal Revenue Service

IRS counts are rounded to the nearest 10, and items reported on fewer than 20 returns in a ZIP code are left out to protect taxpayer privacy. ZIP codes with fewer than 100 returns are combined by the IRS and are not shown.

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