Quick facts: Clay center, NE

Quick Facts

94.7
Cost of Living
below US average
717
Population
13.95
Crime Rate per 1000
below US average
$72,083
Median Income
below US average
$189,000
Median House Price
above US average
$525.0
Average Rent
below US average
9%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $72,083.

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Income Needed to Buy

βœ“ Affordable
$59k/year
Based on $189,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($72,083) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$22k/year
Based on $525.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($72,083) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clay center, NE

Clay Center is a small city located in Clay County, Nebraska. With a population of around 1,200 residents, it exudes a friendly, tight-knit community atmosphere. Positioned alongside the beautiful Republican River, Clay Center is characterized by its picturesque landscapes and rural charm. The city serves as a hub for local agriculture, with many surrounding farms contributing to Nebraska's robust farming economy. Clay Center offers various recreational activities, including parks and sports facilities that cater to families and outdoor enthusiasts. The town hosts community events throughout the year, promoting local culture and fostering community spirit. The historical significance of the area can be explored through local landmarks and the preservation of heritage buildings. Education is provided by the local school district, ensuring access to quality schooling for children in the area. With its affordable housing and peaceful environment, Clay Center is an attractive place for those seeking a slower-paced lifestyle. Overall, Clay Center is a quaint Nebraska town that embodies the essence of rural American living.

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