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Corning, IA

Full City Profile · Iowa · Taylor County County

3.2 /5.0
B Good
1,573 Population 965/sq mi density
$60,446 Median Income $33,793 per capita
$84,700 Home Value $141,502 Zillow
$750 Median Rent 19.8% income on rent
49°F Avg Temperature 275 sunny days/yr
266 Violent Crime/100K 1,872 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,446 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$84,700 home value, $750/mo rent
F
Safety
1.0 / 5.0
266 violent crimes/100K
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
2.6%
28% below
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 Rate2.6%
Poverty Rate2.2%
Gini Coefficient0.410
Cost of Living Index87.8

Commute

Mean Commute16 minutes
Drive Alone73.6%
Public Transit0.0%
Work From Home8.7%

Businesses

Total Establishments192
Restaurants8
Healthcare8
Retail20
Manufacturing8

Tax

IRS Avg AGI$65,359
Avg Property Tax$3,560