Living in Clay City, Indiana

Cost of living, income, home prices, rent and demographics of Clay City · Census data 2020–2024

Clay City has 1,104 residents with a median age of 36.2. The median household income is $72,292 (about the same as the Indiana median), the median home value is $94,500, the median rent is $756/month.

Clay City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Clay City at a glance

Population
1,104
Median age
36.2State: 38.1
Median household income
$72,292State: $71,957
Median home value
$94,500State: $218,200
Median rent
$756/moState: $1,062
Homeowners
63.2%
Bachelor's degree or higher
13.6%
Average commute
33 min

Is Clay City a good place to live?

Pros: Median household income about the same as the Indiana median; home values 57% lower than the state median; unemployment of 1.4%; a poverty rate of 10.8%.

Cons: An average commute of 33 minutes.

The weather is best in May–June and August–September.

Cost of living in Clay City

Housing is the biggest part of the cost of living. In Clay City the median home value is $94,500, 72% lower than the U.S. median. Renters pay a median of $756 per month, which is 18.3% of household income. Homeowners with a mortgage pay $937 a month in housing costs.

Median home value

Clay City$94,500
Indiana$218,200
United States$332,700

Median monthly rent

Clay City$756
Indiana$1,062
United States$1,413

Clay City median household income

The median household income in Clay City is $72,292 and the income per person is $29,298. 10.8% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Clay City$72,292
Indiana$71,957
United States$80,734

Housing in Clay City: homes for sale and rent

Housing units
544
Owner-occupied
63.2%
Renter-occupied
36.8%
Vacant
18.6%Includes seasonal homes
Median year built
1955
Average household size
2.49

Clay City demographics

Population
1,104
Median age
36.2
Under 18
27.7%
65 and older
12.9%
Households
443
Foreign-born
0.1%
Veterans
5.1%Adults 18+

Race and ethnicity

White93.7%
Hispanic or Latino0.8%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Clay City ›

Education in Clay City

13.6% of adults 25 and older in Clay City have a bachelor's degree or higher (Indiana: 29.5%), and 1.3% have a graduate or professional degree.

Bachelor's degree or higher

Clay City13.6%
Indiana29.5%
United States35.7%

Jobs and commute in Clay City

Unemployment rate
1.4%State: 4.3%
Average commute
33 minState: 24 min
Work from home
2.2%
Drive alone
67.7%
Public transit
0%
Walk to work
4%
Homes with broadband
88.9%

Clay City vs nearby towns

TownPopulationMedian incomeHome valueRent
Clay City1,104$72,292$94,500$756
Middlebury109$61,875$123,400—
Coal City161$35,357——
Saline City329$108,472$9,999—
Coalmont297$110,074$137,500—
Cory109$150,000$114,400—
Patricksburg356$73,564$102,700—
Jasonville1,979$41,328$65,900$807
Midland159$78,024——

More for people moving to Clay City

Clay City ZIP code ›Weather and climate ›

Living in Clay City: FAQ

What is the median household income in Clay City, IN?

The median household income in Clay City is $72,292, about the same as the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Clay City?

The median home value in Clay City is $94,500, compared with $218,200 in Indiana.

How much is rent in Clay City?

The median gross rent in Clay City is $756 per month, about 18.3% of household income.

Is Clay City, IN a good place to live?

Pluses: median household income about the same as the Indiana median; home values 57% lower than the state median; unemployment of 1.4%; a poverty rate of 10.8%. Minuses: an average commute of 33 minutes.

What is the median age in Clay City?

The median age in Clay City is 36.2 years (Indiana: 38.1).

How long is the commute in Clay City?

The average commute to work in Clay City is 33 minutes; 2.2% of workers work from home.

What is the unemployment rate in Clay City?

The unemployment rate in Clay City is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Clay City?

13.6% of adults in Clay City have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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