Living in Claypool, Indiana
Cost of living, income, home prices, rent and demographics of Claypool · Census data 2020–2024
Claypool has 318 residents with a median age of 39.3. The median household income is $60,417 (16% lower than the Indiana median), the median home value is $110,800, the median rent is $1,098/month.
Claypool is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Claypool at a glance
- Population
- 318
- Median age
- 39.3State: 38.1
- Median household income
- $60,417State: $71,957
- Median home value
- $110,800State: $218,200
- Median rent
- $1,098/moState: $1,062
- Homeowners
- 83.2%
- Bachelor's degree or higher
- 12.5%
- Average commute
- 29 min
Is Claypool a good place to live?
Pros: Home values 49% lower than the state median.
Cons: Median household income 16% lower than the Indiana median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 13.8%.
The weather is best in June to September.
Cost of living in Claypool
Housing is the biggest part of the cost of living. In Claypool the median home value is $110,800, 67% lower than the U.S. median. Renters pay a median of $1,098 per month, which is 31.5% of household income. Homeowners with a mortgage pay $985 a month in housing costs.
Claypool median household income
The median household income in Claypool is $60,417 and the income per person is $29,217. 13.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Claypool: homes for sale and rent
- Housing units
- 164
- Owner-occupied
- 83.2%
- Renter-occupied
- 16.8%
- Vacant
- 12.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.22
Claypool demographics
- Population
- 318
- Median age
- 39.3
- Under 18
- 23.6%
- 65 and older
- 14.8%
- Households
- 143
- Foreign-born
- 0.6%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Claypool ›
Education in Claypool
12.5% of adults 25 and older in Claypool have a bachelor's degree or higher (Indiana: 29.5%), and 0.4% have a graduate or professional degree.
Jobs and commute in Claypool
- Unemployment rate
- 4.8%State: 4.3%
- Average commute
- 29 minState: 24 min
- Work from home
- 9.2%
- Drive alone
- 88.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 79%
Claypool vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Claypool | 318 | $60,417 | $110,800 | $1,098 |
| Silver Lake | 857 | $55,272 | $112,000 | $1,158 |
| Palestine | 1,085 | $91,653 | $158,200 | $1,083 |
| Burket | 203 | $55,833 | $109,400 | $950 |
| Winona Lake | 5,080 | $82,188 | $274,500 | $1,132 |
| Sidney | 123 | $50,250 | $118,800 | $1,188 |
| Warsaw | 16,768 | $61,035 | $181,200 | $1,066 |
| Mentone | 768 | $60,000 | $112,000 | $797 |
| Liberty Mills | 139 | $60,962 | $46,800 | — |
More for people moving to Claypool
Claypool ZIP code ›Weather and climate ›Living in Claypool: FAQ
What is the median household income in Claypool, IN?
The median household income in Claypool is $60,417, 16% lower than 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 Claypool?
The median home value in Claypool is $110,800, compared with $218,200 in Indiana.
How much is rent in Claypool?
The median gross rent in Claypool is $1,098 per month, about 31.5% of household income.
Is Claypool, IN a good place to live?
Pluses: home values 49% lower than the state median. Minuses: median household income 16% lower than the Indiana median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 13.8%.
What is the median age in Claypool?
The median age in Claypool is 39.3 years (Indiana: 38.1).
How long is the commute in Claypool?
The average commute to work in Claypool is 29 minutes; 9.2% of workers work from home.
What is the unemployment rate in Claypool?
The unemployment rate in Claypool is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Claypool?
12.5% of adults in Claypool 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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