Clay County, IN
Comprehensive housing, income, and cost of living data for Clay County, Indiana. Population: 26.4K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Clay County, IN?
The median home price in Clay County, Indiana is $185.9K. The price-to-income ratio is 2.7x, meaning the median home costs 2.7 times the median household income.
What salary do you need to buy a home in Clay County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $45.7K per year to buy the median home in Clay County, IN. Monthly housing costs break down to $940 for mortgage, $49.08 for property tax, and $77.45 for insurance.
What is the property tax rate in Clay County?
The effective property tax rate in Clay County is 0.32%, which comes to approximately $589 per year on the median home.
What is the median household income in Clay County?
The median household income in Clay County, Indiana is $67.7K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.4%%.
Is Clay County a good place to live?
Clay County, Indiana has a population of 26.4K. Housing affordability is strong with a price-to-income ratio of 2.7x. The climate averages 53 degrees F with 177 sunny days per year. Compare Clay County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.