Corning, IA (Zip Code 50841) is a small yet bustling town located in Adams County, Iowa. The median 2 Bedroom Rent in Corning is $860 which is much lower than the US average of $1,430. Those living in Corning also benefit from a low Grocery Cost Index of 93 compared to 100 in the US.
Corning, IA has a variety of local businesses that contribute to its unique character and vibrancy. These include Family Dollar Store and M & B Foods for grocery shopping; Farm Bureau Financial Services and Cornerstone Insurance Solutions for insurance needs; Feddersons Repair for automotive repairs; Midwest Outdoor Outfitters and Corning Country Store for outdoor activities such as hunting and fishing supplies; Yocum Well Drilling Company for well drilling services; and Corning Bakery for delicious baked goods.
Corning (zip 50841) has an unemployment rate of 3.0%. The US average is 6.0%.
Corning (zip 50841) has seen the job market decrease by -9.7% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Corning (zip 50841)
- The Sales Tax Rate for Corning (zip 50841) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corning (zip 50841) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Corning (zip 50841)
- The average income of a Corning (zip 50841) resident is $39,934 a year. The US average is $37,638 a year.
- The Median household income of a Corning (zip 50841) resident is $53,542 a year. The US average is $69,021 a year.