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Clay City town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Clay City town, Indiana has a total population of 1,186, the 322nd largest city in Indiana, with a median household income of $68,036, which is 3% lower than the state average. The poverty rate is 12.4%.

Key Takeaways

Clay City town Quick Facts

Population 1,186
Median Household Income $68,036
Median Home Value $86,700
Poverty Rate 12.4%
Unemployment Rate 2.3%
Median Age 34.4 years
Homeownership Rate 63.4%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 13.9%
High School Graduation Rate 83.8%
Diversity Index 9/100
Population 1,186 322nd of 967
Median Income $68,036 above average
Poverty Rate 12.4% about average national
Median Home Value $86,700 bottom 20%

How Clay City town Compares

Economy & Housing

Employment

2.3% Unemployment Rate State: 4.3% | National: 5.2%
70.8% Labor Force Participation

Housing Overview

Owner 63.4%
Renter 36.6%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Clay City town Rankings in Indiana

#322 Population of 967
#313 Median Income of 967
#492 Education of 967
#697 Home Value of 967

Cities Similar to Clay City town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Thorntown town1,155$69,875$173,40017.9%9.7%
Warren town1,205$64,773$107,10021.0%9.3%
Jamestown town1,225$70,083$180,40020.7%4.5%
Ladoga town1,155$72,188$123,70018.6%9.3%
Poseyville town1,131$70,455$131,50018.5%6.8%

Population Overview

Clay City town is a small community located in Indiana. The total population is 1,186. It ranks as the 322nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Clay City town is 34.4 years. This is 9% lower than the state median of 38.0 years. With 29.9% of the population under 18, Clay City town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Clay City town is $68,036. This is 3% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 12.4%. This is 1% higher than the state poverty rate of 12.2%. The unemployment rate is 2.3%. This is 47% lower than the state rate of 4.3%. The median home value is $86,700. Housing costs are 57% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.3x, Clay City town is one of the most affordable housing markets in the area. 63.4% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.3%.

Race & Ethnicity

Clay City town has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 0.7%. The Hispanic or Latino population (0.7%) is well below the state average of 8.4%.

Education

13.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.8%.

Data Sources & Methodology

All demographic data for Clay City town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Clay City town, Indiana?

Clay City town, Indiana has a population of 1,186 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Clay City town, IN?

The median household income in Clay City town is $68,036, which is 13% lower the national median of $78,538.

What is the poverty rate in Clay City town, IN?

The poverty rate in Clay City town is 12.4%. This means approximately 145 residents live below the federal poverty line.

What is the racial makeup of Clay City town, Indiana?

Clay City town's population is 95.5% White, 0.0% Black, 0.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Clay City town, IN?

The median home value in Clay City town is $86,700. The home-value-to-income ratio is 1.3x.

How educated is Clay City town, Indiana?

13.9% of adults (25+) in Clay City town hold a bachelor's degree or higher, and 1.7% hold a graduate or professional degree.