Cost of Living in Clay County, TN

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

Median Income

$39,572

Median Rent

$588/mo

Median Home

$132,500

Affordability

423

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$670
Property Tax$65
Insurance$44

Total Monthly$779
% of Income23.6%

Renting

Median Rent$588
Renter's Insurance$25

Total Monthly$613
% of Income17.8%

Living in Clay County, Tennessee

Clay County has a median household income of $39,572 with housing costs that represent 23.6% of income for owners and 17.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 423 (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 Tennessee

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.