The typical owner-occupied home in Clayton is worth about $56,300, 72% below the Oklahoma median of $199,800 and 83% below the national median of $332,700. Owners pay a median $211 a year in property taxes, about 0.37% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $23,214 a year, so the median home costs 2.4 times the median income (3.1 times for Oklahoma). 46% of occupied homes here are lived in by their owners, and 19% of those owners still have a mortgage.
Clayton at a glance
| Clayton | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $56,300 | $199,800 | $332,700 |
| Median property tax paid per year | $211 | $1,599 | $3,119 |
| Property tax as a share of value | 0.37% | 0.80% | 0.94% |
| Median household income | $23,214 | $65,039 | $80,734 |
| Homes lived in by their owners | 46% | 66% | 65% |
| Owner homes with a mortgage | 19% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $958 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 38.8% | 19.6% | 21.0% |
| Median rent | $424 | $1,014 | $1,413 |
| Rent as a share of renters' income | 36.7% | 28.4% | 30.6% |
| Median year homes were built | 1982 | 1980 | 1980 |
| Vacant homes | 29.8% | 12.0% | 10.1% |
| Population | 568 | 4,028,634 | 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 $56,300 with 20% down costs about $344 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $438, 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 $14,735 for the 20%-down payment. That payment is 18% of the median Clayton household income of $23,214; at that income and 20% down, the 28% guideline points to a home of about $89,000.
The median rent here is $424 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $11,260 |
|---|---|
| Loan amount | $45,040 |
| Principal and interest | $303 |
| Property taxes (0.37% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| PMI | $0 |
| Total per month | $344 |
Change the numbers in the calculator
| Down payment | $1,970 |
|---|---|
| Loan amount | $55,280 |
| Principal and interest | $372 |
| Property taxes (0.37% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| FHA mortgage insurance | $25 |
| Total per month | $438 |
Change the numbers in the calculator
Questions about home buying in Clayton
What is the median home value in Clayton?
About $56,300 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 $211 a year, which is about 0.37% 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 $344 a month. Keeping that under 28% of gross income takes about $14,735 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