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These days, finding an affordable place to live in the Clay City area can be challenging. Home prices in Clay City are now at a median cost of $141,103, lower than the Indiana average of $232,932.
The average cost of rent is $746/mo in Clay City, primarily driven by the current value of real estate in the Clay City area. In Clay City, 23.87% of households rent, and 43.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clay City is $5,947 per month. Households that rent pay about 12.54% of their income on rent here. Clay City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coalmont, IN: higher priced homes
- Denmark, IN: less expensive homes
- Daggett, IN: equally priced homes
- Coal City, IN: equally priced homes
- Saline City, IN: higher priced homes
- Howesville, IN: higher priced homes
- Buchanan Corner, IN: higher priced homes
- Lewis, IN: higher priced homes
- Cory, IN: less expensive homes
- Jasonville, IN: less expensive homes
Cities with Similar Populations
- Startzville, TX: higher priced homes
- Huntland, TN: higher priced homes
- Isleton, CA: higher priced homes
- Macclesfield, NC: equally priced homes
- McGraw, NY: equally priced homes
- Minonk, IL: less expensive homes
- New Richland, MN: higher priced homes
- Pleasant Plain, OH: higher priced homes
- Poestenkill, NY: higher priced homes
- Riverside, MD: higher priced homes
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