Clay County, Indiana is an attractive place to live with its low cost of living. The average rent for a two bedroom apartment in Clay County is $860 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Clay County is 92 versus 100 in the US which means groceries are 8% cheaper. This makes Clay County a desirable place to live if you're looking for affordability. There are many local companies located in Clay County including Southern Indiana Gas & Electric Company and Zimmer Tractor. With low rent and economical grocery prices, Clay County can be a great choice for those looking to save money on their cost of living.
Clay County has an unemployment rate of 4.8%. The US average is 6.0%.
Clay County has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clay County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Clay County
- The average income of a Clay County resident is $21,520 a year. The US average is $28,555 a year.
- The Median household income of a Clay County resident is $63,361 a year. The US average is $69,021 a year.