Average Tax Assessment in Clay County
Real Estate Values and Property Tax Valuation in Clay County, Florida
Clay County has a total of 75,268 properties with a cumulative value of $14.6B. This accounts for 0.70% of all real estate value in Florida. Property taxes in Clay County totaled $192.6M, with an average of $2,560 paid by each homeowner, which is lower than the state average of $3,597. The average property tax rate in Clay County is 1.32%, which is lower than the state average of 1.34%. Properties are typically valued for tax purposes based on their estimated market value.
In Florida, property values are assessed on January 1st. Property value notices are issued in August and property tax appeal deadlines are typically 25 days from the date of the value notices, which is usually in September. Property tax bills are issued on November 1st.
Updated November 01, 2023
| Important Links | |
|---|---|
| Clay Clerk | (940) 538-4631 |
| TexasFile Clerk Records | - |
| Clay Treasurer | (218) 299-5011 |
| Clay Assessor | (304) 587-4258 |
| Important Dates | |
|---|---|
| Property Valuation Date: | January 1st |
| Property Value Notices Issued: | August |
| Property Tax Appeal Deadline: | September or 25 days from date of value notices |
| Property Tax Bills Issued: | November 1st |
| Real Property Tax Bill Due (1st of #): | March 31st |
| Available Exemptions | |
|---|---|
| Early Payment Discount | Available |
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Clay County
Residential Property Taxes by Cities in Clay County
Clay County has an average property tax rate of 1.32%, which is slightly higher than the state average of 1.25%. This rate is applied to the assessed value of a property to calculate the total property taxes due. The average Clay County property tax bill is $2,560. Property tax rates in Clay County vary across cities, with the highest effective rate being 1.45% in Fleming Island and the lowest being 1.05% in Jacksonville. This means that property owners in Fleming Island pay more in taxes than those in Jacksonville.
Overall, Clay County has a slightly higher property tax rate than the state average, but the rates vary significantly across cities. Property owners in Fleming Island pay the highest rate, while those in Jacksonville pay the lowest. It is important for property owners to be aware of the rates in their city so they can budget accordingly.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Clay County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fleming Island | $153,505 | $201,481 | $250,481 | $314,461 | $408,863 |
| Green Cove Springs | $60,159 | $116,984 | $187,480 | $253,624 | $337,266 |
| Jacksonville | $36,502 | $63,428 | $108,588 | $195,041 | $279,918 |
| Keystone Heights | $33,746 | $59,788 | $100,236 | $152,661 | $221,440 |
| Melrose | $34,760 | $65,738 | $114,996 | $202,808 | $302,275 |
| Middleburg | $58,938 | $117,607 | $164,520 | $215,306 | $277,268 |
| Orange Park | $96,695 | $139,299 | $179,511 | $227,270 | $295,469 |
| Starke | $75,058 | $189,339 | $403,996 | $591,925 | $784,737 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Clay County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fleming Island | $1,781 | $2,475 | $3,608 | $5,079 | $6,608 |
| Green Cove Springs | $651 | $1,140 | $2,191 | $3,518 | $4,743 |
| Jacksonville | $462 | $669 | $1,110 | $1,964 | $3,074 |
| Keystone Heights | $434 | $666 | $1,080 | $1,790 | $2,624 |
| Melrose | $470 | $708 | $1,337 | $2,299 | $3,606 |
| Middleburg | $657 | $1,002 | $1,745 | $2,778 | $4,073 |
| Orange Park | $846 | $1,377 | $2,205 | $3,411 | $4,940 |
| Starke | $763 | $1,926 | $4,480 | $7,081 | $9,753 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fleming Island | 1.16% | 1.23% | 1.44% | 1.62% | 1.62% |
| Green Cove Springs | 1.08% | 0.97% | 1.17% | 1.39% | 1.41% |
| Jacksonville | 1.27% | 1.05% | 1.02% | 1.01% | 1.10% |
| Keystone Heights | 1.29% | 1.11% | 1.08% | 1.17% | 1.18% |
| Melrose | 1.35% | 1.08% | 1.16% | 1.13% | 1.19% |
| Middleburg | 1.11% | 0.85% | 1.06% | 1.29% | 1.47% |
| Orange Park | 0.87% | 0.99% | 1.23% | 1.50% | 1.67% |
| Starke | 1.02% | 1.02% | 1.11% | 1.20% | 1.24% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Clay County
The median home price in Clay County, Florida has seen a significant increase of 14.03% from October 2022 to October 2023, rising from $335.0K to $382.0K. This is indicative of a strong housing market in the area, as the home inventory has decreased from 1.1K to 822 over the same period. This suggests that demand for housing in Clay County is high, and that prices are likely to continue to rise in the future.
Average Home Value in Clay County, Florida
Last updated: November 2023
Percent Change in Total Home Sales in Clay County
Last updated: November 2023
Percent Change in New Home Listings in Clay County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Clay County
Clay County is home to a large number of outstanding home mortgage loans, totaling $9.4 billion. This represents a significant portion of the total home value in the county, indicating that homeowners in Clay County are taking advantage of the current low interest rates. The number of outstanding loans in Clay County is 38,400, which is a testament to the strength of the local housing market.
The median mortgage rate in Clay County varies significantly between cities, with Melrose having the highest rate at 4.5% and Starke having the lowest rate at 3.98%. This variation in rates is indicative of the competitive nature of the local housing market, as lenders are competing to offer the best rates to potential borrowers. Despite the variation in rates, Clay County remains a great place to purchase a home, with a strong housing market and competitive mortgage rates.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Clay County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fleming Island | $77,207 | $116,296 | $186,684 | $271,336 | $382,357 |
| Green Cove Springs | $62,276 | $106,041 | $172,373 | $233,373 | $314,881 |
| Jacksonville | $33,468 | $55,843 | $104,576 | $171,349 | $253,398 |
| Keystone Heights | $27,337 | $51,792 | $97,298 | $152,673 | $219,777 |
| Melrose | $26,595 | $51,428 | $105,840 | $185,096 | $263,326 |
| Middleburg | $51,342 | $83,050 | $137,798 | $208,251 | $278,049 |
| Orange Park | $60,023 | $93,972 | $147,701 | $217,879 | $287,978 |
| Starke | $68,000 | $116,344 | $289,890 | $409,753 | $639,733 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Clay County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fleming Island | 2.90% | 3.60% | 4.30% | 5.72% | 6.50% |
| Green Cove Springs | 2.90% | 3.40% | 4.04% | 5.30% | 6.33% |
| Jacksonville | 3.01% | 3.60% | 4.49% | 5.85% | 6.55% |
| Keystone Heights | 2.90% | 3.60% | 4.44% | 6.00% | 7.25% |
| Melrose | 2.96% | 3.74% | 4.50% | 6.00% | 7.50% |
| Middleburg | 2.90% | 3.58% | 4.36% | 5.75% | 6.65% |
| Orange Park | 2.90% | 3.60% | 4.25% | 5.62% | 6.50% |
| Starke | 3.41% | 3.72% | 3.98% | 5.00% | 6.44% |
Housing Expenses in Clay County, Florida
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.