Clay County, Iowa

Income Data

-8% vs. Iowa average
$64,082
Median Household Income
$37,963
Per Capita Income

At a Glance

Median Household Income
$64,082
-8% vs. state avg
Per Capita Income
$37,963
-4% vs. national
Income-to-Housing Ratio
37.4%
income as % of home value
Rank in Iowa
#76 / 99
by median household income

How Clay County Compares

Clay County$64,082
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$64,082
Median Household Income
$37,963
Per Capita Income
$171,500
Median Home Value
37.4%
Income-to-Housing Ratio

Data Story

About Household Income in Clay County, Iowa

Clay County income lags nationwide trends

Clay County's median household income of $64,082 falls 14.3% short of the U.S. median of $74,755, placing it solidly in the lower-income category nationally. This gap reflects broader rural income challenges and limited wage growth in smaller Iowa communities.

Below average within Iowa

At $64,082, Clay County ranks among Iowa's lower-income counties, trailing the state average of $69,830 by $5,748. Its per capita income of $37,963 slightly exceeds the state average of $37,136, suggesting relatively even income distribution across residents.

Lower earner among regional peers

Clay's $64,082 median income ranks near the bottom of this eight-county cluster, just ahead of Clayton County's $62,326. Only Clayton and Cherokee (at $64,478) approach Clay's income level, while Chickasaw's $73,421 represents a nine-county income advantage.

Tight but sustainable housing costs

Clay's 14.9% rent-to-income ratio indicates manageable housing expenses with modest financial breathing room compared to national stress levels. However, with a median home value of $171,500—the highest among these eight counties—Clay households face the steepest homeownership challenge relative to income.

Smart saving strategies for Clay County

Clay households earning $64,082 must balance higher home values with moderate income, making disciplined saving essential—prioritize a fully-funded emergency fund before aggressive investing. Automate contributions to a Roth IRA or employer 401(k) to capture tax advantages and employer matching, building wealth systematically despite tighter margins.

Frequently Asked Questions

What is the median household income in Clay County, Iowa?
The median household income in Clay County, Iowa is $64,082, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Clay County?
The per capita income in Clay County is $37,963, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $64,082.
How does Clay County compare to the Iowa average?
Clay County's median household income of $64,082 is lower than the Iowa state average of $69,830. The per capita income is $37,963, compared to the state average of $37,136.
What is the per capita income in Clay County, Iowa?
The per capita income in Clay County, Iowa is $37,963, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Clay County a low-income area in Iowa?
Clay County's median household income of $64,082 is below the Iowa average of $69,830. The per capita income of $37,963 is also comparable to the state average of $37,136. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Clay County rank for income in Iowa?
Clay County ranks #76 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $64,082 and per capita income of $37,963, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Clay County

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County median: $64,082 per year

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vs. State Average

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vs. National Median

-14%

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vs. Iowa Average8% below
vs. National Median14% below

Income Adequacy

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Your monthly income ($5,340) vs. median rent ($798/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.