Claypool, IN
Population 326 · Indiana
About Claypool, IN
Claypool is a small community located in Indiana with a population of 326 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,821 per year, which is 34% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Claypool features a median home value of $97,500, which is 60% below the national median of $244,900. This makes Claypool one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 189 total housing units, 82% are owner-occupied (136 units) and 18% are renter-occupied (29 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Claypool shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Claypool have an average one-way commute time of 28.6 minutes.
Education & Demographics
12.3% of Claypool residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Claypool, IN
Compared to national averages, Claypool has a median household income of $49,821 (34% below the national median of $75,149). Home values average $97,500, which is 60% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Indiana, Claypool's income is 28% below the state average of $69,330, and home values are 40% below the state median of $163,409.
Why Live in Claypool, IN?
Claypool offers affordable housing with a median home value of $97,500, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a low poverty rate of 12.0%, better than the national average.
Potential considerations include median household income ($49,821) that falls below the national average. However, Claypool’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Claypool has a population of 326 with a median age of 41.6 years. Compare Claypool with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
Demographics
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Economy & Education
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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 Claypool
What is the population of Claypool, IN?
The population of Claypool, IN is 326 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Claypool?
The median household income in Claypool, IN is $49,821 per year, which is 34% below the national median of $75,149.
What is the median home value in Claypool?
The median home value in Claypool, IN is $97,500, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Claypool?
The median monthly rent in Claypool, IN is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Claypool?
The unemployment rate in Claypool, IN is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Claypool, IN a good place to live?
Claypool offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 326 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Claypool, IN?
12.3% of residents in Claypool aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Claypool?
Key cost-of-living indicators for Claypool, IN: median home value is $97,500 (60% below national), median rent is $950/month, and median household income is $49,821. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Claypool?
The poverty rate in Claypool, IN is 12.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Claypool, IN?
Claypool's population is 3.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.