The typical owner-occupied home in Clayville is worth about $137,500, 68% below the New York median of $423,800 and 59% below the national median of $332,700. Owners pay a median $3,639 a year in property taxes, about 2.65% of their home's value, higher than the New York rate of 1.55%. The median household earns $79,286 a year, so the median home costs 1.7 times the median income (4.9 times for New York). 78% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Clayville at a glance
| Clayville | New York | U.S. | |
|---|---|---|---|
| Median home value | $137,500 | $423,800 | $332,700 |
| Median property tax paid per year | $3,639 | $6,582 | $3,119 |
| Property tax as a share of value | 2.65% | 1.55% | 0.94% |
| Median household income | $79,286 | $85,974 | $80,734 |
| Homes lived in by their owners | 78% | 54% | 65% |
| Owner homes with a mortgage | 57% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,500 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 13.6% | 22.5% | 21.0% |
| Median rent | $843 | $1,621 | $1,413 |
| Rent as a share of renters' income | 32.1% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 20.6% | 10.0% | 10.1% |
| Population | 254 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Clayville
At this week's average 30-year rate of 7.11%, buying the median Clayville home of $137,500 with 20% down costs about $1,101 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,330, 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 $47,182 for the 20%-down payment. That payment is 17% of the median Clayville household income of $79,286; at that income and 20% down, the 28% guideline points to a home of about $231,000.
The median rent here is $843 a month, so owning the median home costs about $258 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $27,500 |
|---|---|
| Loan amount | $110,000 |
| Principal and interest | $740 |
| Property taxes (2.65% a year) | $304 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| PMI | $0 |
| Total per month | $1,101 |
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| Down payment | $4,812 |
|---|---|
| Loan amount | $135,010 |
| Principal and interest | $908 |
| Property taxes (2.65% a year) | $304 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| FHA mortgage insurance | $61 |
| Total per month | $1,330 |
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Questions about home buying in Clayville
What is the median home value in Clayville?
About $137,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clayville?
Homeowners pay a median $3,639 a year, which is about 2.65% 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 Clayville?
For the median home with 20% down at 7.11%, the payment is about $1,101 a month. Keeping that under 28% of gross income takes about $47,182 a year.
More about Clayville
- Mortgage Refinance in Clayville
- Debt Relief in Clayville
- Home Equity Loans in Clayville
- 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