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Claypool

Learn about the people, housing, costs and businesses in Claypool, Indiana

Median Home$164,700
Median Rent$1,125/month
Population418
Leading IndustriesRetail · Manufacturing18% retail
Home Value Growth⬆⬆⬆+29.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners96% of occupied units
NotableTransit83/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Claypool
IN

Frequently Asked Questions

What are today's mortgage rates in Claypool?

As of today, the 30-year fixed mortgage rate for Claypool is approximately 6.882% (6.918% 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 Claypool?

The median home value in Claypool is $165k. The median monthly rent is $1,125. Annual property taxes average $795. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Claypool?

Home values in Claypool have increased 29.1% 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 Claypool?

Based on a typical all-in ownership cost of $900/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Claypool is $88k/year.

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What industries drive the economy in Claypool?

The largest employment sectors in Claypool are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.