Corning, IA
Full City Profile · Iowa · Taylor County County
3.9
/5.0
B+
Good
1,573
Population
965/sq mi density
$60,446
Median Income
$33,793 per capita
$84,700
Home Value
$149,935 Zillow
$750
Median Rent
19.8% income on rent
49°F
Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,446 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$84,700 home value, $750/mo rent
C+
Education
2.8 / 5.0
22.0% bachelor's degree or higher
Income Overview
Median Household Income
$60,446
20% below
US avg: $75,149
Per Capita Income
$33,793
13% below
US avg: $39,052
Unemployment Rate
4.4%
22% above
US avg: 3.6%
Poverty Rate
2.2%
82% below
US avg: 12.4%
Income Comparison: Corning vs. U.S. Average
Each bar shows Corning’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,446
80%
Per Capita
US: $39,052
$33,793
87%
IRS Avg AGI
US: $72,000
$65,359
91%
Avg Weekly Wage
US: $1,432
$992
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$992
31% below US avg ($1,432)
Mean Commute Time
16 min
41% below US avg (28 min)
Work From Home
8.7%
43% below US avg (15.2%)
Drive Alone
73.6%
1% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$376M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.6%
Public Transit
0%
Work From Home
8.7%
Other
17.7%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
192
Restaurants
8
Healthcare
8
Retail
20
Manufacturing
8
Tax & Financial
IRS Avg Adjusted Gross Income
$65,359
9% below US avg ($72,000)
Avg Property Tax
$3,560
2% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,446 |
| Per Capita Income | $33,793 |
| IRS Avg Adjusted Gross Income | $65,359 |
| Avg Weekly Wage | $992 |
| County GDP | $376M |
Hardship Indicators
| Unemployment Rate | 4.4% |
| Poverty Rate | 2.2% |
| Gini Coefficient | 0.410 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 73.6% |
| Public Transit | 0.0% |
| Work From Home | 8.7% |
Businesses
| Total Establishments | 192 |
| Restaurants | 8 |
| Healthcare | 8 |
| Retail | 20 |
| Manufacturing | 8 |
Tax
| IRS Avg AGI | $65,359 |
| Avg Property Tax | $3,560 |