Cost of Living in Clay, AL

Population 10,288 · Alabama · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Clay can reasonably expect a home to cost less than three years of household income — $198,000 against $86,163 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Geographically, Clay sits roughly 15 miles northeast of Birmingham. Median home values run roughly 43% higher than Birmingham's $139,000.

Cost Overview

Housing 65
Rent 104

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Clay

The median home value in Clay is $198,400 — 35% below the national median of $305,000. Median rent runs $1,373/month, 4% higher than the national median of $1,314/month. The median household income of $86,163/year is 16% higher than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Alabama's top state income tax rate is 5.0% and the combined sales tax is 9.2%. Overall, Clay has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$198,400
35% below avg
Zillow Home Value
$223,745
Zillow ZHVI
Median Rent
$1,373/mo
4% above avg
Zillow Rent
$1,688/mo
Zillow ZORI
Price-to-Rent Ratio
12.0x
Favors buying
Property Tax Rate
0.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$688
2 BR
$857
3 BR
$1,132
4 BR
$1,309
Owner-occupied 93.8%
Renter-occupied 6.2%

💰 Estimated Monthly Budget

Rent median rent
$1,373
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,987/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.2 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
86.6%
Carpooled
3.6%
Walked
0.3%
Work from home
9.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 9.2%
State rate 4.0%
Avg local rate 5.2%
Property Tax 0.4%

💼 Income & Employment

Median Household Income
$86,163
16% above avg
Per Capita Income
$33,528
Unemployment Rate
3.4%
30% below avg
Poverty Rate
10.3%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 16.5%
Graduate degree 6.8%

👥 Demographics

Median Age 40.4
Male median age 41.5
Female median age 39.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
20%
Good air days/yr
255
Max AQI recorded
312
PM2.5 days
53
Ozone days

Frequently Asked Questions

What is the cost of living in Clay, AL?

Clay has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Clay, AL?

The median gross rent in Clay is $1,373 per month based on 2023 Census data.

What is the average home price in Clay?

The median home value in Clay is $198,400 according to Zillow and Census data.

What is the median income in Clay?

The median household income in Clay is $86,163 per year (2023 ACS 5-year estimates).

What is the sales tax in Clay, AL?

The combined state and local sales tax rate in Clay is 9.2%. The Alabama state income tax top rate is 5.0%.

Is Clay, AL affordable?

Yes, Clay is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

Clay at a Glance

Population
10,288
Median Income
$86,163
Home Value
$198,400
Median Rent
$1,373/mo
Unemployment
3.4%
Sales Tax
9.2%
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🗺️ County data for Alabama

Explore county-level cost of living data

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