Cost of Living in Clay County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Clay County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Clay County, Kentucky
Clay County Renters Face Housing Squeeze
At 21.1% of income, Clay County's rent-to-income ratio significantly exceeds both the national 30% threshold concern level and Kentucky's 17% state average. With a median household income of just $39,607 and median rent of $698, housing absorbs a larger portion of household budgets here than across most of Kentucky.
Among Kentucky's Most Strained Housing Markets
Clay County ranks among the least affordable counties in Kentucky by rent-to-income ratio, despite having below-average rents. The county's challenge stems from low median incomes, not high housing costs—a pattern common in eastern Kentucky.
Similar Affordability Crisis Across Appalachia
Clay County's 21.1% rent burden mirrors the struggle in neighboring Cumberland County (16.7%) and Elliott County (12.8%), though Clay faces the highest ratio among these eastern Kentucky communities. All three counties grapple with income levels well below the state median.
Homeownership Offers More Relief
While renters spend $698 monthly, homeowners pay just $456, with median home values of $87,300—the lowest in this dataset. For those able to buy, homeownership provides significantly better affordability than renting in Clay County.
Budget Carefully Before Relocating Here
Clay County offers the lowest home prices in this region, but median incomes are also among the state's lowest. If relocating here, prioritize remote work or employment with wages significantly above the $39,607 median to ensure housing remains manageable.
Affordability Calculator
See how your income compares to housing costs in Clay County
Rent Burden
21.1%
of gross income
Max Housing (28% Rule)
$924
per month
Owner Cost Burden
13.8%
of gross income
You can likely afford the median home in Clay County
Median home value is $87,300. Estimated monthly cost: $697 vs. your max of $924.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.