Clay City, IN
Full City Profile · Indiana · Clay County County
3.1
/5.0
B
Good
1,186
Population
2,196/sq mi density
$68,036
Median Income
$24,396 per capita
$86,700
Home Value
$169,945 Zillow
$706
Median Rent
23.2% income on rent
54°F
Avg Temperature
293 sunny days/yr
56
Violent Crime/100K
3,887 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$68,036 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$86,700 home value, $706/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher
Housing Overview
Median Home Value
$86,700
69% below
US avg: $281,900
Median Rent
$706/mo
39% below
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
590
Median year built: 1942
Home Value by Source
Census Median
$86,700
Zillow (ZHVI)
$169,945
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.4%
Owner-Occupied
36.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$859/mo
1 Bedroom
$864/mo
2 Bedroom
$1,094/mo
3 Bedroom
$1,312/mo
4 Bedroom
$1,535/mo
Census median rent:
$706/mo
Affordability & Housing Stock
Rent Burden
23.2%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
63.4%
Complete Housing Data
Home Values
| Census Median Value | $86,700 |
| Zillow Home Value (ZHVI) | $169,945 |
Rent
| Census Median Rent | $706 |
| FMR Studio | $859 |
| FMR 1-Bedroom | $864 |
| FMR 2-Bedroom | $1,094 |
| FMR 3-Bedroom | $1,312 |
| FMR 4-Bedroom | $1,535 |
Market
Ownership & Stock
| Owner-Occupied | 63.4% |
| Renter-Occupied | 36.6% |
| Homeownership Rate | 63.4% |
| Total Housing Units | 590 |
| Median Year Built | 1942 |
| Rent Burden | 23.2% |
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