Clay County, IN

Comprehensive housing, income, and cost of living data for Clay County, Indiana. Population: 26.4K.

View on Map

Median Home Price

$185.9K

Based on 8 cities

Median Household Income

$67.7K

Annual household income

Price-to-Income Ratio

2.7x

Highly affordable

Salary Needed to Buy

$45.7K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$589

Average annual amount

Effective Tax Rate

0.32%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$940

Property Tax$49.08

Insurance$77.45

Total Monthly$1,066

Historical Home Prices

2015

$82.0K

2016

$84.3K

+2.8%%

2017

$88.5K

+5.0%%

2018

$97.6K

+10.3%%

2019

$106.6K

+9.1%%

2020

$118.3K

+11.0%%

2021

$133.8K

+13.1%%

2022

$146.2K

+9.3%%

2023

$157.9K

+8.0%%

2024

$167.8K

+6.3%%

2025

$168.8K

+0.6%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

2.4%%

Below national average

Population Density

People per square mile

Homicide Rate

14.5

Medium (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

94.3%

Black

0.3%

Hispanic

1.9%

Asian

0.2%

Two or More Races

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

53°F

Annual average

Sunny Days

177

Days per year

Annual Rainfall

45.3"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 27/100

Explore More

View on Interactive Map Compare Counties View All IN Counties