<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF CLAYTON HOMES, INC. FOR THE YEAR ENDED JUNE 30, 1997
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               JUN-30-1997
<CASH>                                          89,695
<SECURITIES>                                         0
<RECEIVABLES>                                  483,608
<ALLOWANCES>                                     4,917
<INVENTORY>                                    119,434
<CURRENT-ASSETS>                                     0
<PP&E>                                         267,787
<DEPRECIATION>                                  53,715
<TOTAL-ASSETS>                               1,045,761
<CURRENT-LIABILITIES>                           99,498
<BONDS>                                         22,806
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        11,850
<OTHER-SE>                                     742,676
<TOTAL-LIABILITY-AND-EQUITY>                 1,045,761
<SALES>                                        822,906
<TOTAL-REVENUES>                             1,021,703
<CGS>                                          559,274
<TOTAL-COSTS>                                  830,270
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 1,000
<INTEREST-EXPENSE>                              (2,267)
<INCOME-PRETAX>                                192,700
<INCOME-TAX>                                    73,200
<INCOME-CONTINUING>                            119,500
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   119,500
<EPS-PRIMARY>                                     1.00
<EPS-DILUTED>                                     1.00