Quick facts: Clayton, NY

Quick Facts

113.7
Cost of Living
above US average
4,781
Population
6.27
Crime Rate per 1000
below US average
$74,471
Median Income
below US average
$285,000
Median House Price
above US average
$1766.67
Average Rent
above US average
10%
Poverty Rate
below US average
4.5%
Unemployment Rate
above 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 $74,471.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $285,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $74,471
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Income Needed to Rent

⚠ Stretch
$76k/year
Based on $1766.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $76k vs median $74,471
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clayton, NY

Clayton is a charming village located in Jefferson County, New York, on the banks of the St. Lawrence River. Known for its picturesque waterfront and rich history, Clayton is often recognized as a gateway to the Thousand Islands, a popular tourist destination comprising numerous islands and islets. The village boasts a population of around 600 residents and covers a quaint area that combines small-town charm with beautiful natural surroundings. The downtown area features unique shops, restaurants, and galleries, providing a vibrant community atmosphere. Visitors often enjoy boating, fishing, and other water activities in the summer, while the scenic landscapes provide opportunities for hiking and exploring during the fall and winter months. Clayton is also home to the Antique Boat Museum, which showcases the region's maritime history. With its friendly community, stunning waterfront views, and access to outdoor recreational activities, Clayton is an ideal destination for those seeking a peaceful retreat in the heart of New York's stunning Thousand Islands region.

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