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Cornville

Learn about the people, housing, costs and businesses in Cornville, Arizona

Median Home$430,565
Median Rent$1,614/month
Population3,293
Leading IndustriesPublic Administration · Professional Services · Healthcare27% public administration
Home Value Growth⬆⬆⬆+30.9% over 2 years
Retirees26% of residentsabove average nationally
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Cornville
AZ

Frequently Asked Questions

What are today's mortgage rates in Cornville?

As of today, the 30-year fixed mortgage rate for Cornville is approximately 6.902% (6.938% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cornville?

The median home value in Cornville is $431k. The median monthly rent is $1,614. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornville?

Home values in Cornville have increased 30.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cornville?

Based on a typical all-in ownership cost of $1,466/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornville is $81k/year.

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What industries drive the economy in Cornville?

The largest employment sectors in Cornville are public administration (27%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.