Cost of Living in Clay County, IN

What does it cost to live in Clay County? Income, housing, and affordability breakdown.

Median Income

$68,364

Median Rent

$788/mo

Median Home

$130,000

Affordability

760

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$657
Property Tax$50
Insurance$43

Total Monthly$750
% of Income13.2%

Renting

Median Rent$788
Renter's Insurance$25

Total Monthly$813
% of Income13.8%

Living in Clay County, Indiana

Clay County has a median household income of $68,364 with housing costs that represent 13.2% of income for owners and 13.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 760 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Indiana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.