Cost of Living in Clay County, SD

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

Median Income

$55,963

Median Rent

$758/mo

Median Home

$209,300

Affordability

344

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,058
Property Tax$227
Insurance$70

Total Monthly$1,355
% of Income29.1%

Renting

Median Rent$758
Renter's Insurance$25

Total Monthly$783
% of Income16.3%

Living in Clay County, South Dakota

Clay County has a median household income of $55,963 with housing costs that represent 29.1% of income for owners and 16.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 344 (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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Family and education

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.