The typical owner-occupied home in Clay County is worth about $312,500, 13% below the Florida median of $359,000 and 6% below the national median of $332,700. Owners pay a median $2,241 a year in property taxes, about 0.72% of their home's value, lower than the Florida rate of 0.76%. The median household earns $87,820 a year, so the median home costs 3.6 times the median income (4.8 times for Florida). 76% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Clay County at a glance
| Clay County | Florida | U.S. | |
|---|---|---|---|
| Median home value | $312,500 | $359,000 | $332,700 |
| Median property tax paid per year | $2,241 | $2,730 | $3,119 |
| Property tax as a share of value | 0.72% | 0.76% | 0.94% |
| Median household income | $87,820 | $74,568 | $80,734 |
| Homes lived in by their owners | 76% | 68% | 65% |
| Owner homes with a mortgage | 65% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,748 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 20.2% | 23.6% | 21.0% |
| Median rent | $1,551 | $1,669 | $1,413 |
| Rent as a share of renters' income | 30.0% | 35.2% | 30.6% |
| Median year homes were built | 1996 | 1988 | 1980 |
| Vacant homes | 5.9% | 14.7% | 10.1% |
| Population | 227,584 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Clay County
At this week's average 30-year rate of 7.11%, buying the median Clay County home of $312,500 with 20% down costs about $1,999 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,520, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $85,692 for the 20%-down payment. That payment is 27% of the median Clay County household income of $87,820; at that income and 20% down, the 28% guideline points to a home of about $320,000.
The median rent here is $1,551 a month, so owning the median home costs about $448 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $62,500 |
|---|---|
| Loan amount | $250,000 |
| Principal and interest | $1,682 |
| Property taxes (0.72% a year) | $188 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| PMI | $0 |
| Total per month | $1,999 |
Change the numbers in the calculator
| Down payment | $10,938 |
|---|---|
| Loan amount | $306,840 |
| Principal and interest | $2,064 |
| Property taxes (0.72% a year) | $188 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| FHA mortgage insurance | $138 |
| Total per month | $2,520 |
Change the numbers in the calculator
Questions about home buying in Clay County
What is the median home value in Clay County?
About $312,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clay County?
Homeowners pay a median $2,241 a year, which is about 0.72% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Clay County?
For the median home with 20% down at 7.11%, the payment is about $1,999 a month. Keeping that under 28% of gross income takes about $85,692 a year.
More about Clay County
- Mortgage Refinance in Clay County
- Debt Relief in Clay County
- Home Equity Loans in Clay County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data