Clay City, IN
Population 1,186 · Indiana
About Clay City, IN
Clay City is a small community in Indiana with a population of 1,186 residents. The median household income is $68,036 per year, which is near the national average. The median age in Clay City is 34.4 years.
Housing in Clay City has a median home value of $86,700 and median monthly rent of $706. Of the 584 total housing units, the majority are owner-occupied, with 296 owner-occupied and 171 renter-occupied units.
The unemployment rate in Clay City is 2.3% and the poverty rate is 12.4%. 13.9% of residents hold a bachelor's degree or higher. The average commute time is 32.9 minutes.
Cost of Living in Clay City, IN
Compared to national averages, Clay City has a median household income of $68,036 (9% below the national median of $75,149). Home values average $86,700, which is 65% below the national median. Monthly rent at $706 is 39% below the US average of $1,163. Within Indiana, Clay City's income is 2% below the state average of $69,330, and home values are 47% below the state median of $163,409.
Why Live in Clay City, IN?
Clay City offers affordable housing with a median home value of $86,700, below the US average of $244,900, and rent that’s lower than the national average at $706/month, and a strong job market with an unemployment rate of just 2.3%.
Potential considerations include median household income ($68,036) that falls below the national average. However, Clay City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Clay City has a population of 1,186 with a median age of 34.4 years. Compare Clay City with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Clay City
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montgomery | 1,184 | $93,750 | $226,000 | Compare |
| Ashley | 1,174 | $56,667 | $117,600 | Compare |
| Cordry Sweetwater Lakes | 1,200 | $100,167 | $284,200 | Compare |
| Long Beach | 1,201 | $128,750 | $660,300 | Compare |
| Morocco | 1,169 | $60,000 | $113,500 | Compare |
| Warren | 1,205 | $64,773 | $107,100 | Compare |
| Ogden Dunes | 1,213 | $116,042 | $455,400 | Compare |
| Koontz Lake | 1,217 | $78,081 | $124,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Clay City
What is the population of Clay City, IN?
The population of Clay City, IN is 1,186 according to the latest Census data.
What is the median household income in Clay City?
The median household income in Clay City, IN is $68,036 per year.
What is the median home value in Clay City?
The median home value in Clay City, IN is $86,700.
What is the average rent in Clay City?
The median monthly rent in Clay City, IN is $706.
What is the unemployment rate in Clay City?
The unemployment rate in Clay City, IN is 2.3%.