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Clay County, MO

RANK #724 / 996  ·  POP 253,085  ·  MO

PROJECTED GROWTH: -0.1%

Clay County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Clay County?

Liberty, Missouri, the county seat, is a notable town in Clay County, known for its historical significance, including the Liberty Jail, a site important to the Church of Jesus Christ of Latter-day Saints. Located just northeast of Kansas City, Clay County offers suburban living with urban accessibility. Commutes to Kansas City are common, with an average travel time of around 22.8 minutes for residents. The community provides access to outdoor recreation, particularly around Smithville Lake, which features over 7,000 acres of water and 175 miles of shoreline for boating, fishing, hiking, and camping. Other natural amenities include the Martha Lafite Thompson Nature Sanctuary and various trails for hiking and biking.

Life in Clay County often appeals to families, drawn by highly-rated public schools such as Liberty School District and North Kansas City School District. The economy is driven by sectors like manufacturing, healthcare, and retail, with manufacturing being the top employer. The county has seen economic growth, with ongoing real estate development projects contributing to its changing landscape. Public transportation options, including Ride KC Bus services and specialized transit for seniors and individuals with disabilities, help connect residents throughout the county and to the wider Kansas City metropolitan area.

[02] Market Snapshot

Housing Ratio
4.2x

Below national median (4.7x)

GDP Growth
+0.7%

Well below national median

Home Prices
+1.5%

Above national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 4.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Clay County U.S. National

The Numbers

DEMOGRAPHICS
Population
253,085
+1.18% YoY
Median Household Income
$82,264
Median Home Value
$237,200
+1.48% 12mo
Median Rent
$1,133
Average Annual Pay
$63,093
+2.5% YoY
Employment
111,855
+1.3% YoY
Income-to-Home-Value
0.3468
More affordable than average
Migration Inflow
4.13%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$335,500
Days on Market
63
Slower market
Months of Supply
2.1
Seller's market
Listings w/ Price Drops
25.7%
Building Permits (2024)
356
Single-Family Permits
314

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,748M
TOTAL
PROJECT AMOUNT STATUS
Metrobloks Data Center Campus
Metrobloks
$1,400M Planned
Google Data Center Campus (Project Mica)
Google
$1,000M Under Construction
Diode Ventures Kansas City Data Center
Diode Ventures
$500M Operating
Nashua Energy Storage
NextEra Energy Resources, LLC
$450M Proposed
Clay Battery/Storage (Combined)
Unknown
$350M Planned
Gateway Trails Solar Project
Solis Renewables
$48M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +0.7% 13 percentile
Population Growth +1.2% 76 percentile
Income Growth +8.8% 59 percentile
Vacancy Rate 1.0% 54 percentile
Home Price Change +1.5% 52 percentile
Rent Growth +4.1% 68 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Clay County, MO a good place to move to?

Clay County has a Boom Town Index score of 27/100, ranking #724 among 996 U.S. counties. With job growth at +1.3% and a median household income of $82,264, it faces some economic headwinds compared to faster-growing counties.

Is Clay County affordable?

The median home value in Clay County is $237,200 with median rent at $1,133/month. The income-to-home-value ratio is 0.3468, which is more affordable than the national average.

Is Clay County growing or shrinking?

Population growth: +1.2% year-over-year. Job growth: +1.3%. Home values changed +1.5% in the past 12 months.

Are people moving to Clay County?

Yes — 4.13% of Clay County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Dakota County, MN 37 Rogers County, OK 37 Washington County, TN 37 Randall County, TX 37 Apache County, AZ 37 Whitfield County, GA 37 Clark County, IN 37 Frederick County, MD 37