The typical owner-occupied home in Clayton is worth about $249,600, 18% below the Georgia median of $303,300 and 25% below the national median of $332,700. Owners pay a median $1,631 a year in property taxes, about 0.65% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $57,083 a year, so the median home costs 4.4 times the median income (3.9 times for Georgia). 63% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Clayton at a glance
| Clayton | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $249,600 | $303,300 | $332,700 |
| Median property tax paid per year | $1,631 | $2,341 | $3,119 |
| Property tax as a share of value | 0.65% | 0.77% | 0.94% |
| Median household income | $57,083 | $77,353 | $80,734 |
| Homes lived in by their owners | 63% | 66% | 65% |
| Owner homes with a mortgage | 42% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,543 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 20.0% | 21.0% |
| Median rent | $814 | $1,393 | $1,413 |
| Rent as a share of renters' income | 27.1% | 31.3% | 30.6% |
| Median year homes were built | 1978 | 1992 | 1980 |
| Vacant homes | 18.3% | 10.3% | 10.1% |
| Population | 2,018 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Clayton
At this week's average 30-year rate of 7.11%, buying the median Clayton home of $249,600 with 20% down costs about $1,582 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,998, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $67,820 for the 20%-down payment. That payment is 33% of the median Clayton household income of $57,083; at that income and 20% down, the 28% guideline points to a home of about $210,000.
The median rent here is $814 a month, so owning the median home costs about $768 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,920 |
|---|---|
| Loan amount | $199,680 |
| Principal and interest | $1,343 |
| Property taxes (0.65% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $104 |
| PMI | $0 |
| Total per month | $1,582 |
Change the numbers in the calculator
| Down payment | $8,736 |
|---|---|
| Loan amount | $245,079 |
| Principal and interest | $1,649 |
| Property taxes (0.65% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $104 |
| FHA mortgage insurance | $110 |
| Total per month | $1,998 |
Change the numbers in the calculator
Questions about home buying in Clayton
What is the median home value in Clayton?
About $249,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clayton?
Homeowners pay a median $1,631 a year, which is about 0.65% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Clayton?
For the median home with 20% down at 7.11%, the payment is about $1,582 a month. Keeping that under 28% of gross income takes about $67,820 a year.
More about Clayton
- Mortgage Refinance in Clayton
- Debt Relief in Clayton
- Home Equity Loans in Clayton
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data