County profile
Clay County, MN
United States · GDP 2024
#998 of 3,127 US counties by GDP39th-percentile growthmore diversified than 73% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.9B
BEA · 2024
GDP growth (YoY)
+3.4%
BEA · 2024
Jobs tracked
16,761
Census CBP · 2023
Employers
1,306
Census CBP · 2023
Avg. wage
$51.7k
BLS QCEW · 2023
Population
67,734
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$81.2k±$2.9k
Bachelor's degree+
39.3%±1.7%
Poverty rate
13.3%±1.5%
Business applications
656 · 2025
Retail establishments
145
21.5/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care34%
Retail trade20%
Education14%
Food & accommodation13%
Manufacturing10%
Wholesale trade9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
67,734
residents · 2025 · +3.6% since 2020
Income per capita $55.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+911
International migration+538
Natural change+921
GDP trend
2019–2024 · nominal
$2.2B2019
$2.2B2020
$2.5B2021
$2.7B2022
$2.8B2023
$2.9B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$265.5k±$7.8k
Median gross rent
$1.0k/mo±$45/mo
Vacancy rate
4.1%±1.0%
Affordability
5.1× wages
Residential permits
$74.9M
344 units · 5.1/1k pop
FEMA risk score
73.7
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 96Cold wave 85Hail 81
FHFA HOUSE PRICE INDEX · 2016–2025
3442016
3562017
3662018
3712019
3732020
4002021
4442022
4682023
4862024
5092025
RESIDENTIAL PERMITS · 2021–2025
↓ -29% since 20214832021
2572022
4022023
2692024
3442025
Transport access
BTS · FAA · USACE
Nearest interstate
11.7 km
I-94
Nearest freight rail
2.0 km
BNSF
Nearest port
299.2 km
INTERNATIONAL FALLS
Nearest commercial airport
24.9 km
HECTOR INTL
Wage trend
BLS QCEW · 2019–2023$51.7k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Clay?
Clay's economy produced $2.9B in 2024, growing 3.4% year over year — slower than 61% of US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.