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Clay City, Indiana Demographics & Population 2026

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

During the 2020–2024 ACS period, Clay City, Indiana had a total population of 1,104, the 336th largest town in Indiana, with a median household income of $72,292, which is about the same as the state average. The poverty rate is 10.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Clay City Quick Facts

Population 1,104
Median Household Income $72,292
Median Home Value $94,500
Poverty Rate 10.8%
Unemployment Rate 1.4%
Median Age 36.2 years
Homeownership Rate 63.2%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 13.6%
High School Graduation Rate 84.5%
Diversity Index 13/100
Population 1,104 336th of 967
Median Income $72,292 above average
Poverty Rate 10.8% 13% lower than national
Median Home Value $94,500 bottom 20%

How Clay City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1861,104-6.9%
Median household income$68,036$72,292+6.3%
Median home value$86,700$94,500+9.0%

How Clay City Compares

Economy & Housing

Household Income Distribution

Under $25K 20.1%
$25K-$50K 19.4%
$50K-$100K 44.5%
$100K+ 16.0%
Detailed income brackets
Under $10K
8.3%
$10K-$15K
5.2%
$15K-$20K
4.5%
$20K-$25K
2.0%
$25K-$30K
3.8%
$30K-$35K
5.6%
$35K-$40K
3.2%
$40K-$45K
1.6%
$45K-$50K
5.2%
$50K-$60K
7.0%
$60K-$75K
16.5%
$75K-$100K
21.0%
$100K-$125K
7.9%
$125K-$150K
4.1%
$150K-$200K
2.5%
$200K+
1.6%

Employment

1.4% Unemployment Rate State: 4.3%|National: 5.2%
69.4% Labor Force Participation

Housing Overview

Owner 63.2%
Renter 36.8%
Affordability Index Very Affordable
1.3x home value to income ratio
Median gross rent $756/mo 12.5% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Clay City Rankings in Indiana

#336 Population of 967
#285 Median Income of 796
#516 Education of 966
#690 Home Value of 818

Other Cities in Clay County

CityPopulationMedian IncomePovertyHome Value
Brazil 7,831 $52,055 18.6% $113,900
Harmony 645 $54,615 11.4% $116,700
Knightsville 642 $60,208 9.0% $109,800
Center Point 377 N/A 11.7% $94,800
Staunton 350 $57,500 12.9% $92,900
Coalmont 297 $110,074 0.0% $137,500
Carbon 238 $86,667 8.8% $87,500

Cities Similar to Clay City

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Jamestown1,107$71,048$176,30019.8%7.0%
Grabill1,108$66,563$150,20031.1%5.6%
Hamlet1,039$73,542$112,3006.5%11.7%
Millersburg1,077$65,833$186,40013.5%23.1%
Gilmer Park1,055$76,818$156,30033.3%10.7%

Population Overview

Clay City is a small community located in Indiana, within Clay County. The total population is 1,104. It ranks as the 336th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Clay City is 36.2 years. This is 5% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Clay City is $72,292. This is about the same as the state median of $71,957. It is also 10% lower than the national median of $80,734. The poverty rate stands at 10.8%. This is 13% lower than the state poverty rate of 12.3%. The unemployment rate is 1.4%. This is 67% lower than the state rate of 4.3%. The median home value is $94,500. Housing costs are 57% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.3x, Clay City is one of the most affordable housing markets in the area. 63.2% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.5%.

Race & Ethnicity

Clay City has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 0.8%. The Hispanic or Latino population (0.8%) is well below the state average of 8.6%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.5%.

Data Sources & Methodology

All demographic data for Clay City, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Clay City, Indiana?

Clay City, Indiana has a population of 1,104 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Clay City is $72,292, which is 10% lower than the national median of $80,734.

What is the poverty rate in Clay City, IN?

The poverty rate in Clay City is 10.8%. This means approximately 118 residents live below the federal poverty line.

What is the racial makeup of Clay City, Indiana?

Clay City's population is 93.1% White, 0.0% Black, 0.8% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Clay City is $94,500. The home-value-to-income ratio is 1.3x.

How educated is Clay City, Indiana?

13.6% of adults (25+) in Clay City hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.