The typical owner-occupied home in Clayton County is worth about $168,500, 19% below the Iowa median of $208,000 and 49% below the national median of $332,700. Owners pay a median $2,181 a year in property taxes, about 1.29% of their home's value, lower than the Iowa rate of 1.39%. The median household earns $67,242 a year, so the median home costs 2.5 times the median income (2.8 times for Iowa). 78% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Clayton County at a glance
| Clayton County | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $168,500 | $208,000 | $332,700 |
| Median property tax paid per year | $2,181 | $2,897 | $3,119 |
| Property tax as a share of value | 1.29% | 1.39% | 0.94% |
| Median household income | $67,242 | $75,059 | $80,734 |
| Homes lived in by their owners | 78% | 72% | 65% |
| Owner homes with a mortgage | 48% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,354 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 18.7% | 21.0% |
| Median rent | $790 | $972 | $1,413 |
| Rent as a share of renters' income | 27.3% | 27.4% | 30.6% |
| Median year homes were built | 1960 | 1972 | 1980 |
| Vacant homes | 14.6% | 8.5% | 10.1% |
| Population | 17,013 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Clayton County
At this week's average 30-year rate of 7.11%, buying the median Clayton County home of $168,500 with 20% down costs about $1,158 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,439, 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 $49,635 for the 20%-down payment. That payment is 21% of the median Clayton County household income of $67,242; at that income and 20% down, the 28% guideline points to a home of about $228,000.
The median rent here is $790 a month, so owning the median home costs about $368 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,700 |
|---|---|
| Loan amount | $134,800 |
| Principal and interest | $907 |
| Property taxes (1.29% a year) | $181 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,158 |
Change the numbers in the calculator
| Down payment | $5,898 |
|---|---|
| Loan amount | $165,448 |
| Principal and interest | $1,113 |
| Property taxes (1.29% a year) | $181 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $75 |
| Total per month | $1,439 |
Change the numbers in the calculator
Questions about home buying in Clayton County
What is the median home value in Clayton County?
About $168,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clayton County?
Homeowners pay a median $2,181 a year, which is about 1.29% 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 County?
For the median home with 20% down at 7.11%, the payment is about $1,158 a month. Keeping that under 28% of gross income takes about $49,635 a year.
More about Clayton County
- Mortgage Refinance in Clayton County
- Debt Relief in Clayton County
- Home Equity Loans in Clayton County
- 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