Cost of Living in Corning, AR
Population 3,169 · Arkansas · Data vintage 2023
(100 = US avg)
Corning's median household income of $44,197 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (18% here).
Corning lies roughly 95 miles northwest of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Corning
The median home value in Corning is $85,800 — 72% below the national median of $305,000. Median rent runs $713/month, 46% lower than the national median of $1,314/month. The median household income of $44,197/year is 41% lower than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. Overall, Corning has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.
Corning has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Corning, AR?
Corning has a cost index of 39 (100 = national average). It is 61% below the national average.
What is average rent in Corning, AR?
The median gross rent in Corning is $713 per month based on 2023 Census data.
What is the average home price in Corning?
The median home value in Corning is $85,800 according to Zillow and Census data.
What is the median income in Corning?
The median household income in Corning is $44,197 per year (2023 ACS 5-year estimates).
What is the sales tax in Corning, AR?
The combined state and local sales tax rate in Corning is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Corning, AR affordable?
Yes, Corning is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.
Corning at a Glance
- Population
- 3,169
- Median Income
- $44,197
- Home Value
- $85,800
- Median Rent
- $713/mo
- Unemployment
- 4.7%
- Sales Tax
- 9.5%
Nearby Cities
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Arkansas Rankings
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