Quick facts: Clayton, OH

Quick Facts

96.4
Cost of Living
below US average
13,235
Population
10.58
Crime Rate per 1000
below US average
$89,282
Median Income
above US average
$319,995
Median House Price
above US average
$1363
Average Rent
below US average
10%
Poverty Rate
below US average
3.5%
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 $89,282.

🏠

Income Needed to Buy

βœ— Stretch
$100k/year
Based on $319,995 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $100k vs median $89,282
🏒

Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1363/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($89,282) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clayton, OH

Clayton, Ohio, is a suburban community located in Montgomery County, just north of Dayton. With a rich history that dates back to the late 19th century, Clayton has grown into a quiet residential area that offers a blend of modern conveniences and small-town charm. The city is known for its family-friendly atmosphere, featuring several parks, recreational facilities, and community events throughout the year. Clayton's location provides easy access to major highways, making it convenient for residents commuting to Dayton and nearby cities. The suburb boasts a variety of housing options, from single-family homes to townhouses, appealing to diverse demographics. Local amenities include shopping centers, dining options, and schools that are part of the Northmont City School District, which focuses on providing quality education. The community is also known for its strong sense of neighborhood, with regular events like farmers' markets and local festivals that bring residents together. Overall, Clayton offers a peaceful suburban lifestyle while still being close to the vibrant cultural and recreational opportunities found in the larger Dayton area.

πŸ” Search & Compare Places

First Location πŸ“