Climate Risk Summary

Corning, NY Risk Profile

The primary drivers of climate-related financial risk in Corning, NY are Inland Flooding, Tornado, and Cold Wave.

City-Wide Aggregation

These scores represent the population-weighted average across all residential blocks in Corning.

Primary Risks

Inland Flooding

$1,708,270

Expected Annual Loss for Corning

33.3Score

Relatively Moderate compared to US average

Corning
Minimal Estimated LossMax Estimated Loss

Tornado

$169,976

Expected Annual Loss for Corning

42.4Score

Relatively Low compared to US average

Corning
Minimal Estimated LossMax Estimated Loss

Cold Wave

$124,299

Expected Annual Loss for Corning

38.8Score

Relatively Moderate compared to US average

Corning
Minimal Estimated LossMax Estimated Loss

City Boundary

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$1,708,270
Score: 33.3
MAJOR DRIVER
Tornado
$169,976
Score: 42.4
MAJOR DRIVER
Cold Wave
$124,299
Score: 38.8
Lightning
$62,440
Score: 58.3
Strong Wind
$62,107
Score: 47.0
Hurricane
$47,345
Score: 53.1
Heat Wave
$26,985
Score: 9.0
Earthquake
$13,204
Score: 14.1
Hail
$9,739
Score: 32.5
Ice Storm
$5,405
Score: 18.4
Winter Weather
$3,475
Score: 30.4
Wildfire
$276
Score: 34.7
Landslide
$2
Score: 26.6

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

🏠Low Investment

Lightning Mitigation

General property maintenance and insurance review recommended.

Risk Score: 58.3
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 53.1

Sources and Methodology

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

Nearby Cities

Zip Codes in Corning