Average Tax Assessment in Clay County
Real Estate Values and Property Tax Valuation in Clay County, Georgia
Clay County has 1,842 properties with a cumulative value of $166.5M, representing 0.02% of all real estate value in Georgia. The average property tax rate in Clay County is 1.26%, higher than the state average of 1.00%, and the average Clay County homeowner pays $1,314 in property taxes compared to the state average of $2,360. A total of $2.1M was collected in property taxes in Clay County. Property taxes are based on the assessed value of the property, which is determined by the local assessor.
The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 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: | April - July |
| Property Tax Appeal Deadline: | 30 to 45 days after notices mailed |
| Property Tax Bills Issued: | September 1st |
| Real Property Tax Bill Due (1st of #): | May - December, Varies by jurisdiction, Fulton County - October 15th |
| Available Exemptions | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Not 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 1.26%, which is slightly lower than the national average of 1.31%. This rate is applied to all properties in the county, regardless of location. However, the effective property tax rate can vary significantly from city to city. For example, the city of Fort Gaines has the highest effective property tax rate in the county at 1.29%, while the city of Fort Gaines has the lowest effective property tax rate at 1.29%. This means that property owners in Fort Gaines pay slightly more in property taxes than those in other cities in Clay County.
Overall, Clay County has a relatively low property tax rate compared to other counties in the state. This makes it an attractive option for those looking to purchase property in the area. However, it is important to note that the effective property tax rate can vary significantly from city to city, so it is important to research the rates in each city before making a purchase.
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 |
|---|---|---|---|---|---|
| Fort Gaines | $6,971 | $17,000 | $44,300 | $110,398 | $214,190 |
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 |
|---|---|---|---|---|---|
| Fort Gaines | $185 | $381 | $793 | $1,670 | $2,800 |
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 |
|---|---|---|---|---|---|
| Fort Gaines | 2.65% | 2.24% | 1.79% | 1.51% | 1.31% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Clay County
The data from Redfin shows that the median home price in Clay County has not changed from October 2022 to October 2023. However, the home inventory in Clay County has increased from 8 in October 2022 to 11 in October 2023. This suggests that the housing market in Clay County is becoming more competitive, as more homes are available for purchase. This trend is likely reflective of the overall housing market in Georgia, which is seeing an increase in home inventory and a stable median home price.
Average Home Value in Clay County, Georgia
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
Mortgages in Clay County are a major source of financing for homeowners. As of 2020, there is a total of $11.6M in outstanding loan amounts across home mortgages in the county. This is equivalent to 109 outstanding loans, representing a significant portion of the total home value in the area.
The median mortgage rate in Clay County varies across cities. Fort Gaines has the highest median mortgage rate at 3.97%, while other cities such as Fort Gaines have a lower median mortgage rate of 3.97%. This variation in rates across counties allows homeowners to find the best deal for their needs.
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 |
|---|---|---|---|---|---|
| Fort Gaines | $13,550 | $37,719 | $82,819 | $149,576 | $210,167 |
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 |
|---|---|---|---|---|---|
| Fort Gaines | 3.10% | 3.57% | 3.97% | 4.51% | 6.10% |
Housing Expenses in Clay County, Georgia
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.