CALCMONEY // HOME AFFORDABILITY // MO // CLAYTON
How much house can you afford in Clayton? Based on local median home prices, current MO mortgage rates, and Clayton property tax data.
$950,000
$6,430/mo
$275,587/yr
$473,542
Monthly housing costs of $6,430 represent 45.9% of Clayton's median gross monthly income ($14,000/mo). At 45.9%, median-income buyers in Clayton are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $950,000 |
| Down Payment (20%) | $190,000 |
| Loan Amount | $760,000 |
| Monthly PI Payment | $5,005 |
| Monthly Property Tax | $1,029 |
| Monthly Insurance Est. | $396 |
| Total Monthly PITI | $6,430 |
| Housing Cost % of Income | 45.9% |
| Required Income (28% rule) | $275,587/yr |
| Max Affordable Home | $473,542 |
$33,250
$8,112/mo
Clayton Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $950,000 | Clayton city median |
| Down Payment (20%) | $190,000 | Conventional loan |
| Monthly PITI | $6,430 | 6.9% rate, 30yr fixed |
| Required Income (28% rule) | $275,587 | Annual gross |
| Max Affordable Home | $473,542 | Based on median income |
| FHA Down (3.5%) | $33,250 | Minimum FHA |
| Housing Cost % of Income | 45.9% | Median income: $168,000/yr |
| Property Tax Rate | 1.3% | $12,350/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Clayton is $950,000, with a local 30-year mortgage rate of 6.9%. A buyer putting 20% down carries a loan of $760,000, generating a monthly P&I payment of $5,005. Adding property taxes ($1,029/mo) and homeowners insurance ($396/mo) brings total monthly PITI to $6,430.
Clayton's property tax rate of 1.3% is near the national average, adding a standard increment to monthly housing costs. On the Clayton median home, that is $1,029/month, or $12,350 per year.
Missouri levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Clayton should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Clayton's median income of $168,000/year can afford up to $3,920/month in total housing costs. Based on Clayton's mortgage rate of 6.9% and property tax rate of 1.3%, that translates to a maximum affordable home price of approximately $473,542 with 20% down on a 30-year loan.
To afford the median Clayton home priced at $950,000, you need an annual gross income of approximately $275,587. Total monthly housing costs (principal and interest of $5,005, property taxes of $1,029, and insurance of $396) come to $6,430/month, which equals 28% of the required income.
At the median home price of $950,000 and median household income of $168,000, the total monthly housing cost of $6,430 represents 45.9% of gross monthly income. This is well above the standard 28% threshold, making Clayton a challenging market for buyers at median income.
A conventional 20% down payment on the median Clayton home of $950,000 is $190,000. An FHA loan requires just 3.5% down — $33,250 — but adds mortgage insurance of roughly $649/month, bringing total FHA payments to $8,112/month.
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