Cost of Living in Clay County, South Dakota
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, South Dakota
Clay renters feel national affordability squeeze
Clay County renters spend 15% of household income on rent—above the national comfort zone of 12-14%—while median income of $58,794 sits $16,000 below the national median. The combination of lower income and higher-than-average rent creates meaningful affordability pressure for Clay County renters.
Tightest rents in South Dakota
Clay County's 15% rent-to-income ratio ranks among the state's worst affordability metrics, exceeding the South Dakota average of 13.8% by more than a percentage point. At $736 monthly, rents are $20 below state average but hit harder on a lower-than-average income base.
Expensive rents, costly homes
Clay County's $736 rent exceeds neighboring Campbell ($635) and Charles Mix ($727), while its $1,230 monthly homeowner cost significantly outpaces all peer counties. The median home value of $221,800 ranks among the region's highest, competing with Butte ($207,700) and Codington ($218,000) for premium pricing.
Housing crisis for modest earners
Renters dedicate $736 monthly while homeowners shoulder $1,230—a dramatic gap—against a $58,794 median income, the lowest in this profile. Housing consumes 15% of renter income and over 25% for homeowners, far exceeding healthy affordability thresholds.
Clay County: affordability warning
Clay County presents real affordability challenges, especially for renters and homebuyers, with the state's tightest rent-to-income ratio and expensive homes. If relocating here, ensure your income substantially exceeds the county median of $58,794 to maintain comfortable housing margins.
Affordability Calculator
See how your income compares to housing costs in Clay County
Rent Burden
15.0%
of gross income
Max Housing (28% Rule)
$1,372
per month
Owner Cost Burden
25.1%
of gross income
The median home in Clay County may be a stretch
Median home value is $221,800. Estimated monthly cost: $1,771 vs. your max of $1,372.
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.