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

Housing Overview

Median Home Value
$84,700
70% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
885
Median year built: 1952

Home Value by Source

Census Median
$84,700
Zillow (ZHVI)
$149,935
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $750/mo

Affordability & Housing Stock

Rent Burden
19.8%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
72.2%

Complete Housing Data

Home Values

Census Median Value$84,700
Zillow Home Value (ZHVI)$149,935

Rent

Census Median Rent$750
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units885
Median Year Built1952
Rent Burden19.8%