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Clay County

Learn about the people, housing, costs and businesses in Clay County County

Median Home$150,997
Median Rent$878/month
Population26,409
Leading IndustriesFinance & Insurance · Information & Media · Retail8% finance & insurance
Home Value Growth⬆⬆⬆+25.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners81% of occupied units
NotableHigh Incomes$75k/year · top 29% nationally
Clay County
IN

Frequently Asked Questions

What are today's mortgage rates in Clay County?

As of today, the 30-year fixed mortgage rate for Clay County is approximately 7.162% (7.197% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Clay County?

The median home value in Clay County is $151k. The median monthly rent is $878. Annual property taxes average $629. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clay County?

Home values in Clay County have increased 25.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Clay County?

Based on a typical all-in ownership cost of $896/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clay County is $75k/year.

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What industries drive the economy in Clay County?

The largest employment sectors in Clay County are public administration (27%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas