B

Corning, IA

Source:

Affordability Score: 70/100

Population: 2,824 · 1 ZIP codes

The affordability dashboard for Corning, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,824 residents, then layers in county-level federal data to produce an overall grade of B (70/100). The headline inputs are median household income of $66,875, median home value of $116,700, median rent of $763 per month, and 27.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $933 per month (studio $692, 1BR $711, 3BR $1,217, 4BR $1,235). Department of Labor data lists infant center-based childcare at $8,484 per year, consuming 13% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Corning, IA include housing, commute, rent. Unemployment currently reads 4.2% and poverty 11.1% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$66,875
Median household income
Education D
27.1%
Bachelor's degree or higher
Housing A+
1.7x
Home value $116,700 vs income
Commute B+
19 min
Average commute time
Rent A
$933/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$8,484/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$66,875
▲ 8% vs national
Per Capita Income
$48,809
Unemployment Rate
4.2%
Poverty Rate
11.1%

Housing

Median Home Value
$116,700
▼ 58% vs national
Median Rent
$763/mo
Owner Occupied
74.7%
2BR Fair Market Rent
$933/mo
▼ 22% vs national

Fair Market Rents by Bedroom

Studio
$692
1BR
$711
2BR
$933
3BR
$1,217
4BR
$1,235

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
27.1%
▼ 3 ppt vs national
High School+
60.8%
Median Age
48.1
Avg. Commute
19 min
▼ 7 min vs national

Childcare Costs

Infant (Center)
$8,484/yr
13% of income
Toddler (Center)
$7,311/yr
Preschool (Center)
$7,311/yr
School-Age (Center)
$5,848/yr

What This Means

Corning, IA receives an overall affordability grade of B (70/100), aggregated from 1 ZIP codes with a total population of 2,824. This area performs well in housing and commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Corning ZIP Codes
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What are common questions about this dashboard?

Is Corning, IA affordable?
Corning, IA receives an overall affordability grade of B (70/100) based on Census, HUD, FBI, and DOL data. Median household income is $66,875. Median home value is $116,700.
What is the cost of living in Corning?
Key cost metrics: Median rent $763/mo. 2BR fair market rent $933/mo. Infant childcare $8,484/yr. Median home value $116,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →