Corning, AR — income, home value, property tax, and sales tax.
In ZIP code 72461, near Corning, homes carry a median value of $99,300, and the county-level effective property tax rate of 0.50% works out to roughly $497 a year on such a home. With median household income at $53,893, that levy equals under one percent of annual earnings, so property taxes take only a thin slice of household budgets. Per-capita income sits at $27,059. A combined sales tax rate of 10.00% does add to everyday costs, yet the low home prices and light tax load keep ownership within reach for many working households here.
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