South Corning, NY is a small town located in upstate New York. It is known for its affordable housing and low cost of living. The average rent for two bedroom apartments is only $1,040 which is significantly lower than the national average of $1,430. The grocery cost index in South Corning is also much cheaper at 98 compared to the US average of 100. The town has several local businesses that offer a variety of services including restaurants, banks, grocery stores, and medical facilities. Local favorites include the South Corning Diner which serves traditional American cuisine, First National Bank which offers banking services with competitive interest rates, and Thompson's Grocery Store providing quality fresh produce at low prices. There are also numerous medical practices available for all health care needs. With these advantages and more South Corning is an attractive place to call home.
South Corning has an unemployment rate of 6.7%. The US average is 6.0%.
South Corning 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 South Corning
- The Sales Tax Rate for South Corning is 8.0%. The US average is 7.3%.
- The Income Tax Rate for South Corning 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 South Corning
- The average income of a South Corning resident is $27,851 a year. The US average is $28,555 a year.
- The Median household income of a South Corning resident is $51,786 a year. The US average is $69,021 a year.