Corning town, NY is a small rural suburb located just outside of Corning. It is known for its picturesque views and quaint atmosphere. The cost of living in Corning town is quite affordable compared to the US average, with 2 bedroom rent at $1,040 versus the national average of $1,430. Additionally, the Grocery Cost Index in Corning town is 98 compared to 100 in the US. Notable local businesses include Wegmans and Walmart SuperCenter which provide groceries at competitive prices. Other local companies include Chemung Supply Corporation and Acme Threaded Products Company.
Corning town has an unemployment rate of 6.7%. The US average is 6.0%.
Corning town has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Corning town
- The Sales Tax Rate for Corning town is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Corning town is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Corning town
- The average income of a Corning town resident is $32,565 a year. The US average is $28,555 a year.
- The Median household income of a Corning town resident is $79,410 a year. The US average is $69,021 a year.