Clay County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 5,270.
The median annual property tax in Clay County is $2,028, which is 6% lower than the Iowa state average and 5% above the national average. The effective tax rate is 1.18% on a median home value of $171,500. Property taxes represent 3.2% of the median household income in this county.
Median Annual Tax
$2,028
-6% vs State
+5% vs US
Median Home Value
$171,500
+7% vs State
-19% vs US
Effective Tax Rate
1.18%
-12% vs State
+24% vs US
With vs Without Mortgage
With Mortgage
$2,081
$173/mo
Without Mortgage
$1,970
$164/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,028 +8.0% | 1.18% |
| 2022 | $1,878 +11.4% | 1.24% |
| 2021 | $1,686 +2.3% | 1.26% |
| 2020 | $1,648 +2.4% | 1.27% |
| 2019 | $1,609 | 1.30% |
Tax Burden
Tax-to-Income Ratio
3.2%
of median household income
Median Income
$64,082
per year
Monthly Tax
$169
per month
Other Counties in Iowa
Sac County
Tax: $1,423/yr Rate: 1.03%
Linn County
Tax: $3,396/yr Rate: 1.66%
Warren County
Tax: $3,797/yr Rate: 1.50%
Buchanan County
Tax: $2,286/yr Rate: 1.33%
Woodbury County
Tax: $2,542/yr Rate: 1.48%
Wright County
Tax: $1,695/yr Rate: 1.54%
Frequently Asked Questions
What is the average property tax in Clay County, Iowa? ▼
The median annual property tax in Clay County is $2,028 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.18% on a median home value of $171,500.
How does Clay County property tax compare to the national average? ▼
Property taxes in Clay County are 5% above the national average of $1,923. The effective rate of 1.18% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Clay County? ▼
In Clay County, homeowners with a mortgage pay a median of $2,081 in annual property taxes, while homeowners without a mortgage pay $1,970. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Clay County? ▼
Property taxes in Clay County represent approximately 3.2% of the median household income of $64,082. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.