Key Economic Benchmarks
Median Household Income
$67,242$5,604 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Clayton County, IA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Clayton County, IA
Official FY2026 HUD Fair Market Rents for Clayton County, IA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $682 | $8,184 | $27,280 | 12.2% |
| 1-Bedroom Apartment | $700 | $8,400 | $28,000 | 12.5% |
| 2-Bedroom ApartmentBenchmark | $919 | $11,028 | $36,760 | 16.4% |
| 3-Bedroom Home | $1,127 | $13,524 | $45,080 | 20.1% |
| 4-Bedroom Home | $1,304 | $15,648 | $52,160 | 23.3% |
50/30/20 Living Budget in Clayton County, IA
Based on the local median household income of $67,242/year ($5,604/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Iowa
Explore net income after federal income tax, FICA, and Iowa state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Iowa with official federal datasets:
Frequently Asked Questions About Living in Clayton County, IA
What is the median household income in Clayton County, IA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Clayton County, IA is $67,242 per year (approximately $5,604 per month).
What is the average rent in Clayton County, IA?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Clayton County, IA are $682 for a studio, $700 for 1 bedroom, $919 for 2 bedrooms, $1,127 for 3 bedrooms, and $1,304 for 4 bedrooms.
How does the cost of living in Clayton County, IA compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Clayton County, IA is 87.8 (12.2% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Clayton County, IA?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($919/month) in Clayton County, IA requires a minimum gross household income of $36,760 per year ($3,063 per month).
What is a balanced 50/30/20 monthly budget in Clayton County, IA?
For a typical household earning the median income of $67,242/year ($5,604/month) in Clayton County, IA, a balanced 50/30/20 budget allocates $2,802/month to essential needs (rent, utilities, groceries), $1,681/month to discretionary spending, and $1,121/month to savings and debt repayment.
What are typical electricity and utility costs in Clayton County, IA?
Residential electricity rates in Iowa average 15.9¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $143 per month.