Corning Metro Area, NY Economy


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United States / New York / Corning Metro Area / Counties / Cities / Zip Codes
Corning, NY Metro Area is a great place to live and work. With an average 2 bedroom rent of $840, it is significantly cheaper than the US average of $1,430. The grocery cost index in Corning is 97 compared to 100 in the US, which makes it even more appealing for people looking to move here. Not only that, it is a vibrant area with many local businesses offering unique products and services. Companies in the area include Corning Inc., Ernie's Steakhouse, Gaffer District Glassblowing Studio and Elmira Savings Bank. Additionally, people living in the area benefit from ample recreational opportunities such as Seneca Lake State Park and wineries like Damiani Wine Cellars. With its low housing costs and range of activities, Corning is a great place to call home!

Corning Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.

Corning Metro Area 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 Metro Area
- The Sales Tax Rate for Corning Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Corning Metro Area 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 Metro Area
- The average income of a Corning Metro Area resident is $25,696 a year. The US average is $28,555 a year.
- The Median household income of a Corning Metro Area resident is $58,652 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorning, New YorkUnited States
  6.76
  -4.7%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,442$37,638
  $58,652$69,021
  $75,710$85,028
  Population by Occupation
  2.5%1.2%
  0.4%0.5%
  6.7%6.8%
  18.6%10.0%
  1.1%2.5%
  11.5%11.0%
  2.7%4.8%
  0.6%0.8%
  1.6%1.9%
  2.9%4.7%
  1.1%1.9%
  4.5%7.6%
  0.0%0.1%
  3.4%4.2%
  11.8%9.3%
  14.3%14.0%
  1.5%2.1%
  5.9%7.0%
  4.9%4.8%
  4.1%4.7%
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