Corning, WI Economy


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United States / Wisconsin / No Metro Area / Lincoln County / Corning / Zip Codes
Corning, WI is a small city with a population of around 3000. It has a low cost of living compared to the national average, with an average two bedroom rent of $840 and a groceries cost index of 92 compared to 100 in the US. The city is home to several businesses, such as Woodland Vet Clinic, Corning Meats & Grocery, and Corning Hardware & Supply. Other services offered in the city include banking, auto repair shops, and medical care. Corning is also known for its lovely natural scenery and parks such as Wauzeka-Steuben City Park which are great places to spend time outdoors.

Corning has an unemployment rate of 4.9%. The US average is 6.0%.

Corning has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Corning
- The Sales Tax Rate for Corning is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Corning is 6.3%. 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 $25,581 a year. The US average is $28,555 a year.
- The Median household income of a Corning resident is $66,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorning, WisconsinUnited States
  4.96
  -4.4%-6.2%
  35.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $40,075$37,638
  $66,000$69,021
  $95,156$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  10.6%6.8%
  23.9%10.0%
  3.4%2.5%
  4.4%11.0%
  13.5%4.8%
  0.0%0.8%
  0.6%1.9%
  11.2%4.7%
  0.0%1.9%
  0.2%7.6%
  0.0%0.1%
  0.6%4.2%
  6.0%9.3%
  10.0%14.0%
  0.4%2.1%
  0.8%7.0%
  7.0%4.8%
  1.6%4.7%
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