Clay County, Mississippi property tax
The median homeowner in Clay County, Mississippi pays $797 a year in property tax on a home worth $115,600, an effective rate of 0.69%. The national effective rate is 0.98%.
What the rate means here
At 0.69%, Clay County taxes property more lightly than the national 0.98%. That puts the median bill at $797. Rates this low usually mean the state, rather than the county, carries more of the school funding.
It ranks #46 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,786 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.
The median home costs 2.9 times the median household income of $39,904, against 3.86 nationally, which is a comfortable ratio by American standards. 70.72% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 18,462 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Clay County | Mississippi | United States | |
|---|---|---|---|
| Effective property tax | 0.69% | 0.74% | 0.98% |
| Median tax bill | $797 | $1,189 | $2,969 |
| Median home value | $115,600 | $161,400 | $303,400 |
| Median gross rent | $718 | $923 | $1,348 |
| Median household income | $39,904 | $54,915 | $78,538 |
| Home price to income | 2.9× | 2.94× | 3.86× |
| Rent as share of income | 21.59% | 20.17% | 20.6% |
| Owner-occupied | 70.72% | 69.47% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 18,462.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Stone County | 0.61% | $991 | $163,300 |
| Covington County | 0.69% | $683 | $98,500 |
| Tishomingo County | 0.54% | $713 | $132,500 |
| Attala County | 0.63% | $675 | $107,600 |
| Winston County | 0.65% | $785 | $121,200 |
Clay County property tax: common questions
What is the property tax rate in Clay County, Mississippi?
The effective rate is 0.69% of home value, from a median tax bill of $797 against a median home value of $115,600. That is 0.29 points below the national 0.98%.
How much is property tax on a $400,000 home in Clay County?
Roughly $2,760 a year at the county effective rate of 0.69%.
Is Clay County expensive compared with the rest of Mississippi?
It ranks #46 of 80 Mississippi counties by effective property tax rate, and #1786 of 2,826 nationally. That is 0.05 points below the Mississippi average of 0.74%.
What does housing cost in Clay County?
The median home is worth $115,600 and median gross rent is $718 a month. Median household income is $39,904, which puts the home at 2.9 times annual income and rent at 21.59% of it.