Market Snapshot

IndicatorValue
Population11,391 ↑ 2.7% since 2020
Median Household Income$53,645 28% below national median
Median Home Value$263,300
Unemployment Rate4.2%
Median Age54.5 years
Housing Vacancy Rate32.0%

County Profile

DemographicValue
Total Population (2023)20,105
Population (2020)20,345
Population Growth-1.18%
Median Household Income$39,607
Median Home Value$87,300
Total Housing Units8,642
Vacant Housing Units1,464
Housing Vacancy Rate16.9%
Median Age40.6
Bachelor's Degree or Higher1,086 (5.4%)
Unemployment Rate4.2%

Market Overview

Clay County, Kentucky has a population of 20,105, which has declined 1.18% since 2020. The median household income is $39,607, below the national median of $74,580 by 46.9%. The housing vacancy rate of 16.9% suggests soft market conditions. Clay County remains a key area for land acquisition in Kentucky.

Frequently Asked Questions

What is the current population of Clay County, Kentucky?
As of the 2023 American Community Survey, Clay County has a population of 20,105. The county has declined 1.18% since the 2020 Census.
What is the median household income in Clay County?
The median household income in Clay County is $39,607, which is 46.9% below the national median of $74,580.
Is Clay County growing or shrinking?
Clay County is shrinking. The population has declined 1.18% since 2020.
What is the housing market like in Clay County?
The median home value in Clay County is $87,300. The housing vacancy rate is 16.9%, which suggests soft market conditions. The unemployment rate is 4.2%, reflecting the local economic conditions.
Does Reelvest buy land in Clay County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Clay County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.