Clay County, Kentucky Property Taxes

Name: Property Tax Bills Across Clay County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Clay County effective property tax rate: 1.18%, significantly higher than the national median of 1.02%.
Median Clay County home value: $40,500
Median annual Clay County tax bill: $348, $2,052 lower than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

Property taxes in Clay County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Manchester or another part of Clay County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clay County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$478

$443

Ownwell’s Clay County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clay County with just two data points. By entering your property's estimated assessed value, our calculator applies Clay County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clay County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Clay County, Kentucky

Local government entities in Kentucky set tax rates, which can vary widely within the state. Each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Comparing Clay County's effective property tax rate to other counties in Kentucky or the national median property tax rate reveals some interesting insights. Clay County has a median property tax rate of 1.18%, which is higher than the national median of 1.02%. Within Clay County, the highest median tax rate is found in Big Creek at 1.18%, while Sextons Creek has the lowest at 0.51%. This variation highlights the importance of understanding local tax rates and how they can impact property owners. By staying informed, property owners in Kentucky can better navigate their property tax responsibilities and potentially identify opportunities for appeals or exemptions.

Property Tax Rates Across Clay County, Kentucky

Source: Ownwell

0.51%

0.85%

1.18%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Clay County Tax Rate

1.18%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clay County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Annville	0.26%	0.34%	0.62%	1.06%	1.18%
Big Creek	0.22%	0.64%	1.18%	1.18%	1.18%
London	0.19%	0.48%	1.18%	1.18%	1.18%
Manchester	0.25%	0.61%	1.18%	1.18%	1.18%
Sextons Creek	0.22%	0.41%	0.51%	1.18%	1.18%
Beverly	N/A	N/A	N/A	N/A	N/A
Fall Rock	N/A	N/A	N/A	N/A	N/A
Garrard	N/A	N/A	N/A	N/A	N/A
Goose Rock	N/A	N/A	N/A	N/A	N/A
Hima	N/A	N/A	N/A	N/A	N/A
Oneida	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Clay County, Kentucky

When examining property taxes in Clay County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Clay County Property Valuation Administrator estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Clay County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Clay County.

For example, the median tax bill in Clay County is $549, with tax bills ranging significantly across the county. Annville has the highest median home price at $59,100.

Property Tax Assessment Values Across Clay County, Kentucky

Source: Ownwell

$39,000

$49,050

$59,100

Median Clay County Market Value

$40,500

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clay County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Annville	$46,100	$50,350	$59,100	$101,250	$150,000
Big Creek	$6,500	$20,000	$39,000	$52,325	$87,000
London	$12,700	$25,000	$40,500	$61,000	$90,000
Manchester	$8,000	$25,000	$40,500	$72,000	$117,800
Sextons Creek	$12,720	$35,400	$40,500	$70,500	$100,100
Beverly	N/A	N/A	N/A	N/A	N/A
Fall Rock	N/A	N/A	N/A	N/A	N/A
Garrard	N/A	N/A	N/A	N/A	N/A
Goose Rock	N/A	N/A	N/A	N/A	N/A
Hima	N/A	N/A	N/A	N/A	N/A
Oneida	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Clay County, Kentucky

In Clay County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. With a median home price of $40,500, homeowners in Clay County experience property tax bills that vary significantly. The 25th percentile tax bill is $118, while the 75th percentile reaches $692, and the 90th percentile can be as high as $1,240. These figures indicate a wide range of tax liabilities depending on property value and location within the county. For instance, the highest median tax bill in the area is $549 in Annville, whereas Sextons Creek has the lowest at $256. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Clay County homeowners generally face lower tax obligations. However, these taxes still impact homeowners by influencing affordability and the overall cost of owning property in the region.

Property Tax Bills Across Clay County, Kentucky

Source: Ownwell

$254

$402

$549

Median Clay County Tax Bill

$348

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Clay County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Annville	$142	$207	$549	$615	$665
Big Creek	$53	$94	$295	$556	$1,024
London	$47	$134	$271	$586	$940
Manchester	$40	$124	$358	$715	$1,288
Sextons Creek	$74	$142	$256	$448	$609
Beverly	N/A	N/A	N/A	N/A	N/A
Fall Rock	N/A	N/A	N/A	N/A	N/A
Garrard	N/A	N/A	N/A	N/A	N/A
Goose Rock	N/A	N/A	N/A	N/A	N/A
Hima	N/A	N/A	N/A	N/A	N/A
Oneida	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell