Clay City, KY
Full City Profile · Kentucky · Powell County County
Clay City, KY
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 $32,571 , which is 57% below the national average of $75,149. Per capita income is $18,016. The unemployment rate stands at 8.3% (131% above the U.S. rate of 3.6%). 33.6% of residents live below the poverty line. The area is home to 303 business establishments, including 20 restaurants.
Housing & Cost of Living
The median home value in Clay City is $108,600 , 61% below the national median of $281,900. Zillow estimates the typical home at $136,961. Median rent is $609/month, with 29.7% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1975.
Education
4.6% of adults in Clay City hold a bachelor's degree or higher (86% below the national average). 59.3% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Clay City has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 74°F in July. Annual precipitation totals 48.5 inches.