Clay, California is known for its affordability and beauty. The average 2 bedroom rent in Clay comes in at $1,660 per month, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Clay is 109 versus 100 nationally. This makes it an attractive destination for people looking to stretch their budget further while living in a beautiful place. Clay offers numerous attractions and activities for locals and visitors alike. From movie theaters to local parks, there are plenty of things to do here. Companies such as Chase Bank and Walmart serve the local community with financial services and shopping needs respectively. Additionally, there are several organizations such as the Clay Community Action Network that offer assistance with housing and employment opportunities for residents of Clay.
Clay has an unemployment rate of 7.4%. The US average is 6.0%.
Clay has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Clay
- The Sales Tax Rate for Clay is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Clay is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Clay
- The average income of a Clay resident is $35,120 a year. The US average is $28,555 a year.
- The Median household income of a Clay resident is $108,789 a year. The US average is $69,021 a year.