Clay City, Indiana is a small town nestled in the rolling hills of rural Clay County. With a population of just over 1,800 people, this quaint little community offers its residents and visitors plenty to do. Residents enjoy taking advantage of the nearby outdoor activities such as fishing, picnicking or simply enjoying nature’s beauty. For those who are looking to experience some local culture, there are several stores and restaurants nearby. The Clay City Elks Lodge #47841 hosts an array of events for all ages throughout the year including bingo nights and other social activities. Shopping wise there's Clayton's General Store and Farmers Exchange Ace Hardware for your daily needs while [place] Pizzeria and Grille offers delicious Italian cuisine. 2 Bedroom rent in Clay City averages at $810 per month which is much lower than the US rent average of $1,430 making it a great place for families to live affordably. Prices on groceries in Clay City are also quite low with a grocery cost index of 91 versus 100 in the US making it easier to stretch your budget further!
Clay City (zip 47841) has an unemployment rate of 4.8%. The US average is 6.0%.
Clay City (zip 47841) has seen the job market decrease by -5.9% 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 City (zip 47841)
- The Sales Tax Rate for Clay City (zip 47841) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clay City (zip 47841) 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 City (zip 47841)
- The average income of a Clay City (zip 47841) resident is $24,381 a year. The US average is $37,638 a year.
- The Median household income of a Clay City (zip 47841) resident is $46,806 a year. The US average is $69,021 a year.