28 / 100

Clay County, MO

Gallatin

RANK #714 / 996 NAT  ·  #19 / 22 MO  ·  POP 253,085

1YR FORECAST: +0.4%

5YR OUTLOOK: +18%

Our model projects Clay County's housing market at +0.4% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Amazon Logistics
    2,500+
  2. 2
    Liberty Hospital Healthcare
    1,000+
  3. 3
    Liberty School District Education
  4. 4
    Hallmark Cards Manufacturing
  5. 5
    LMV Automotive Systems Manufacturing
    500+
  6. 6
    Clay County Government Government
  7. 7
    City of Liberty Government
  8. 8
    Hy-Vee Retail
    250+
  9. 9
    Ford Stamping Plant Manufacturing
  10. 10
    Kodi Collective Other

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
34.9%
of residents (national avg: 33%)

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] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
17.4
per 100K · nat avg 14.8
Injury Deaths
77.0
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.7
Good
Good Air Days
74%
784 of 1,065 days
Unhealthy+ Days (3yr)
25
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
41
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

At 28/100, Clay County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $82,264 combined with job growth of +1.3% suggests the local economy is struggling to keep pace with national trends.

Is Clay County affordable?

Housing in Clay County is roughly in line with national affordability norms. The median home costs $237,200 and the income-to-home-value ratio sits at 0.35, with rents averaging $1,133/month. Not a bargain, but not a stretch for most local earners either.

Is Clay County growing or shrinking?

Clay County is growing on multiple fronts. Population is up +1.2% year-over-year while employers added jobs at a +1.3% clip. Home values shifted +1.5% in the past year.

Are people moving to Clay County?

There's a moderate stream of newcomers. About 4.13% of residents moved from another state, which is above average and suggests Clay County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

St. Francois County, MO 30 St. Louis city, MO 32 St. Louis County, MO 34 Boone County, MO 22 St. Charles County, MO 22 Taney County, MO 36 Kitsap County, WA 28 Cleveland County, OK 28