Clay City, IN
Full City Profile · Indiana · Clay County County
Clay City, IN
At a Glance
How Clay City Compares to the U.S. Average
Each bar shows Clay City's value as a percentage of the national average (100% = U.S. avg)
Is Clay City a Good Place to Live?
Economy & Jobs
Clay City residents earn a median household income of $68,036 , which is 9% below the national average of $75,149. Per capita income is $24,396. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 9.0% of residents live below the poverty line. The area is home to 529 business establishments, including 49 restaurants.
Housing & Cost of Living
The median home value in Clay City is $86,700 , 69% below the national median of $281,900. Zillow estimates the typical home at $182,795. Median rent is $706/month, with 23.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1942.
Education
13.9% of adults in Clay City hold a bachelor's degree or higher (59% below the national average). 83.8% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Clay City has an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 76°F in July. Annual precipitation totals 46.9 inches.