Clay County, IA at a glance
Median household income
$65,428$5,452 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Clay County, IA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Clay County, IA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Clay County, IA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $682 | $8,184 | $27,280 | 12.5% |
| 1-Bedroom Apartment | $700 | $8,400 | $28,000 | 12.8% |
| 2-Bedroom ApartmentBenchmark | $919 | $11,028 | $36,760 | 16.9% |
| 3-Bedroom Home | $1,198 | $14,376 | $47,920 | 22% |
| 4-Bedroom Home | $1,217 | $14,604 | $48,680 | 22.3% |
What a typical income covers in Clay County, IA
The 50/30/20 rule applied to the local median of $65,428 a year ($5,452 a month before tax).
What $65,428 leaves after Iowa taxes
Federal income tax, Social Security, Medicare and Iowa tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Iowa
Living in Clay County, IA: common questions
What is the median household income in Clay County, IA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Clay County, IA is $65,428 per year (approximately $5,452 per month).
What is the average rent in Clay County, IA?
The closest official figure is HUD's Fair Market Rent for 2026: $682 for a studio, $700 for one bedroom, $919 for two, $1,198 for three and $1,217 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Clay County, IA expensive to live in?
Prices there run 12.2% below the U.S. average. BEA's regional price parity for Iowa is 87.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Clay County, IA?
To keep a $919 two-bedroom under 30% of gross income, a household needs about $36,760 a year, or $3,063 a month. That is 56% of what the typical household in Clay County, IA earns.
How much do you need to live comfortably in Clay County, IA?
On the local median income of $65,428 ($5,452 a month before tax), the 50/30/20 rule leaves $2,726 a month for needs like rent, utilities and groceries, $1,636 for everything else and $1,090 for savings or debt. A two-bedroom at $919 takes 34% of the needs share.
How much is the electric bill in Clay County, IA?
Homes in Iowa paid 15.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $143. Your bill depends mostly on heating and cooling.