Clay County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 5,567.
The median annual property tax in Clay County is $598, which is 45% lower than the Kentucky state average and 69% below the national average. The effective tax rate is 0.68% on a median home value of $87,300. Property taxes represent 1.5% of the median household income in this county.
Median Annual Tax
$598
-45% vs State
-69% vs US
Median Home Value
$87,300
-42% vs State
-59% vs US
Effective Tax Rate
0.68%
-6% vs State
-28% vs US
With vs Without Mortgage
With Mortgage
$923
$77/mo
Without Mortgage
$521
$43/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 | $598 +5.7% | 0.68% |
| 2022 | $566 +6.6% | 0.77% |
| 2021 | $531 +10.2% | 0.79% |
| 2020 | $482 +4.8% | 0.79% |
| 2019 | $460 | 0.85% |
Tax Burden
Tax-to-Income Ratio
1.5%
of median household income
Median Income
$39,607
per year
Monthly Tax
$50
per month
Other Counties in Kentucky
Powell County
Tax: $829/yr Rate: 0.58%
Lincoln County
Tax: $1,020/yr Rate: 0.73%
Hancock County
Tax: $935/yr Rate: 0.68%
Taylor County
Tax: $1,174/yr Rate: 0.72%
Monroe County
Tax: $892/yr Rate: 0.77%
Graves County
Tax: $929/yr Rate: 0.67%
Frequently Asked Questions
What is the average property tax in Clay County, Kentucky? ▼
The median annual property tax in Clay County is $598 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.68% on a median home value of $87,300.
How does Clay County property tax compare to the national average? ▼
Property taxes in Clay County are 69% below the national average of $1,923. The effective rate of 0.68% 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 $923 in annual property taxes, while homeowners without a mortgage pay $521. 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 1.5% of the median household income of $39,607. 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.