Home/South Dakota/Clay County

Clay County Housing Market

South Dakota · 66 counties · Ranked #2145 in home value

Below National Avg

Housing at a Glance

Median Home Value

$221,800

vs national$221,800 vs $281,900 national

Median Gross Rent

$736/mo

vs national$736 vs $1,163 national

Effective Tax Rate

1.30%

vs national+1.30% vs 1.02% national

Median Household Income

$58,794

vs national$58,794 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,879

Tax as % of Home Value

1.30%

Monthly Owner Cost

$1,230

Renter Income

$29,785

Frequently Asked Questions

What is the median home value in Clay County?
The median home value in Clay County is $221,800. This is below the national median of $281,900.
How much is rent in Clay County?
The median gross rent in Clay County is $736 per month.
What is the property tax rate in Clay County?
The effective property tax rate in Clay County is 1.30%. The median annual property tax bill is $2,879.
Is Clay County affordable?
With a home-value-to-income ratio of 3.8x, Clay County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.