ZIP Code 72453

Corning, AR — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$40,361
Median home value
$94,600
Property tax rate
0.50%
Combined sales tax
8.00%

Homes around Corning in ZIP 72453 carry a median value of $115,300, and the county's 0.50% effective property tax rate works out to roughly $577 a year on a house at that price. With per-capita income at $40,361, that annual tax bill equals about 1.4% of a resident's earnings, a share most households can absorb without straining. Sales taxes add 8.00% at the register, a cost that falls on spending rather than ownership. Together, the low rate and moderate home values keep entry into the local market within reach of area wage earners.