Illinois · Census place 14715
Clay City village, IL
Quick answer
Clay City village has 744 residents, ranking #800 of 1462 places in Illinois. Median household income is $53,750, the median home is worth $75,500 and median gross rent runs $585 a month.
- Population
- 744Clay City village residents
- Median household income
- $53,750Past 12 months, inflation adjusted
- Median home value
- $75,500Owner-occupied units
- Median gross rent
- $585Rent plus utilities, monthly
- Median age
- 40.7 yrsAll residents
- Homeownership rate
- 75.2%Owner-occupied households
What the numbers mean in Clay City village
Housing cost measured against local earnings.
A household earning the Clay City village median would spend about 13.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.8% of residents and 75.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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