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ZipNumbers

Iowa · Census place 16500

Corning city, IA

Quick answer

Corning city has 1,573 residents, ranking #204 of 1026 places in Iowa. Median household income is $60,446, the median home is worth $84,700 and median gross rent runs $750 a month.

Population
1,573Corning city residents
Median household income
$60,446Past 12 months, inflation adjusted
Median home value
$84,700Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
46.9 yrsAll residents
Homeownership rate
72.2%Owner-occupied households

What the numbers mean in Corning city

Housing cost measured against local earnings.

A household earning the Corning city median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.4% of residents and 72.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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