Corning, MO is a small town located in the Ozark mountains with a population of about 500 people. It is known for its rural charm and scenic views. It has some local businesses, such as a grocery store, gas station, and hardware store. With a two bedroom rent of only $710 compared to the US average of $1,430 and a Grocery Cost Index of 94 compared to the US average index of 100, it makes Corning an ideal place to live if you are looking for affordability. In addition to its economic benefits, Corning also offers many outdoor recreational activities like fishing and hiking due to its picturesque landscape.
Corning has an unemployment rate of 3.0%. The US average is 6.0%.
Corning has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Corning
- The Sales Tax Rate for Corning is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Corning is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Corning
- The average income of a Corning resident is $22,500 a year. The US average is $37,638 a year.
- The Median household income of a Corning resident is $0 a year. The US average is $69,021 a year.