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South Corning

Learn about the people, housing, costs and businesses in South Corning, New York

Median Home$176,000
Median Rent$1,310/month
Population1,034
Leading IndustriesProfessional Services · Healthcare · Education2% professional services
Home Value Growth-0.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
NotableHigh Incomes$91k/year · top 24% nationally
South Corning
NY

Frequently Asked Questions

What are today's mortgage rates in South Corning?

As of today, the 30-year fixed mortgage rate for South Corning is approximately 6.913% (6.950% 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 South Corning?

The median home value in South Corning is $176k. The median monthly rent is $1,310. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Corning?

Home values in South Corning have decreased 0.7% over the past two years. Buyers may find more negotiating room in this market. 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 South Corning?

Based on a typical all-in ownership cost of $1,223/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Corning is $91k/year.

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What industries drive the economy in South Corning?

The largest employment sectors in South Corning are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.