Corning, Arkansas (72422) is a small town with plenty of charm. The cost of living is low compared to other areas, with two bedroom rent at $640 per month and a grocery cost index 91 versus 100 in the US. This makes it an affordable place to live – great for families or those on a budget! Local companies include Corning Health Care, Jamie’s Tree Service, S&S Electric Supply Company, Hudson Motor Company, and more. Corning also offers many advantages such as easy access to outdoor activities like fishing in the Black River or hiking in Crowley’s Ridge State Park. There are also plenty of shopping centers and restaurants nearby. With its low housing costs and close proximity to amenities, Corning is an attractive destination for people looking for a safe and affordable place to call home.
Corning (zip 72422) has an unemployment rate of 5.2%. The US average is 6.0%.
Corning (zip 72422) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Corning (zip 72422)
- The Sales Tax Rate for Corning (zip 72422) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Corning (zip 72422) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Corning (zip 72422)
- The average income of a Corning (zip 72422) resident is $23,155 a year. The US average is $37,638 a year.
- The Median household income of a Corning (zip 72422) resident is $38,579 a year. The US average is $69,021 a year.