City

Clay City, IN

1 ZIP code  ·  Clay County  ·  Indiana

👥2,546Population
💰$61,307Median HH Income▼ 20% below avg
🎂41.2Median Age
🏠$102,900Median Home Value▼ 63% below avg
🎓33.7%College Grads▼ 13% below avg
📊1.2%Unemployment▼ 76% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.6% Female 47.4% ♀

Race & Ethnicity

White: 93.8%Hispanic: 1.3%Other: 4.1%Race
White93.8%
Hispanic1.3%
Other4.1%

Age Breakdown

Under 5
4%
5–17
21%
18–24
6%
25–44
21%
45–64
29%
65+
11%

Key Indicators

Median Age41.2 yrs
Avg HH Size2.43
Below Poverty10.5% ≈ Avg
College Grads33.7% ▼ 13% below avg
Unemployment1.2% ▼ 76% below avg
No HS Diploma17 (1.1%)
HS Graduate617 (39.2%)
Some College267 (17%)
Associates143 (9.1%)
Bachelors279 (17.7%)
Graduate Degree251 (15.9%)

Education

No HS: 1.1%HS Grad: 39.2%Some College: 17%Associates: 9.1%Bachelors: 17.7%Graduate: 15.9%Edu
No HS1.1%
HS Grad39.2%
Some College17.0%
Associates9.1%
Bachelors17.7%
Graduate15.9%
Housing & Income

Housing Tenure

Owner: 75.9%Renter: 24.1%Tenure
Owner75.9%
Renter24.1%

Home Value Distribution

Under $50k
5%
$50k–$100k
44%
$100k–$150k
16%
$150k–$200k
12%
$200k–$300k
21%
$300k–$500k
2%

Financials

Median HH Income$61,307 ▼ 20% below avg
Median Home Value$102,900 ▼ 63% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$722/mo
Total Housing Units1,187
Vacant Units138

Income Distribution

Under $25k
18%
$25k–$50k
21%
$50k–$75k
22%
$75k–$100k
15%
$100k–$150k
16%
$150k–$200k
7%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
89%
Walked
2%
Work From Home
8%

Commute Time

Under 15 min
19%
15–30 min
11%
30–45 min
44%
Over 45 min
26%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
8%
1960s–1970s
7%
1980s–1990s
20%
2000+
62%
About Clay City, IN

Clay City is a city in Indiana, located in Clay County. The city spans 1 ZIP code and is home to approximately 2,546 residents. It is a middle-aged city, with a median age of 41.2 years.

Economically, Clay City is a solidly middle-class community. The median household income of $61,307 is below the national average. Approximately 10.5% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.

The real estate market in Clay City is one of the more affordable housing markets in the country. Median home values stand at $102,900, which is well below the national average. Renters typically pay around $722 per month. Homeownership is high at 75.9%, typical of suburban and family-oriented communities.

The population of Clay City is moderately educated. 33.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.83%).

Clay City, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Clay City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47841 2,546 $61,307 $102,900 $722 1.2% 33.7% 75.9%