Clay, St. Clair County, Michigan Property Taxes
Median Clay, MI effective property tax rate: 0.70%, significantly lower than the national median of 1.02% and also lower than the Michigan state median of 1.07%.
Median Clay, MI home value: $215,400
Median annual Clay, MI tax bill: $1,769, $631 lower than the national median property tax bill of $2,400.
How are property taxes in St. Clair calculated?
Property taxes in Clay, MI 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 Clay’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clay, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clay, St. Clair County, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$1,603
$1,488
Property Tax Rates Across Clay, St. Clair County, Michigan
Local government entities determine tax rates, which can differ significantly across Michigan. Each county estimates its annual budget for services and divides this by the total value of taxable property within its borders, resulting in the property tax rate. Although the process involves votes and legislation, this is the essence of how rates are set each year.
In Clay, located in St. Clair County, the effective property tax rate is 0.70%, which aligns with the highest and lowest median tax rates in the state. This rate is more favorable compared to Michigan's median property tax rate, offering residents a potential advantage. When compared to the national median property tax rate of 1.02%, Clay's rate is considerably lower, providing homeowners with significant savings on their property tax bills.
The lower tax rate in Clay can result in a more affordable cost of living, making it an attractive option for potential homeowners. Understanding these rates and their implications can help property owners and prospective buyers make informed decisions about investing in real estate within the area.
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 Tax Rate
0.62%
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 St. Clair County Tax Rate
0.72%
Median Effective Michigan Tax Rate
1.05%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clay, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48001 | 0.47% | 0.52% | 0.62% | 0.85% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Clay, St. Clair County, Michigan
When examining property taxes in Clay, Michigan, 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 St. Clair County Equalization Department 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.
In St. Clair 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. For example, the median home price in Clay is $215,400, with tax bills ranging significantly across the county. 48001 has the highest median home price at $215,400.
Property Tax Assessment Values Across Clay, St. Clair County, Michigan
Source: Ownwell
$54,200
$198,700
$343,200
Median Clay Market Value
$258,600
Median St. Clair County Market Value
$214,800
Median Michigan Market Value
$213,740
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clay, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48001 | $4,960 | $162,600 | $258,600 | $389,000 | $524,600 |
Source: Ownwell
Property Tax Bills Across Clay, St. Clair County, Michigan
Median Clay Tax Bill
$1,863
Median St. Clair County Tax Bill
$1,650
Median Michigan Tax Bill
$2,084
Median United States Tax Bill
$2,400
Property Tax Bills Across Clay, St. Clair County, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48001 | $752 | $1,139 | $1,863 | $2,798 | $3,999 |
Source: Ownwell