The typical owner-occupied home in Clay County is worth about $94,400, 69% below the Georgia median of $303,300 and 72% below the national median of $332,700. Owners pay a median $937 a year in property taxes, about 0.99% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $49,147 a year, so the median home costs 1.9 times the median income (3.9 times for Georgia). 78% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Clay County at a glance
| Clay County | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $94,400 | $303,300 | $332,700 |
| Median property tax paid per year | $937 | $2,341 | $3,119 |
| Property tax as a share of value | 0.99% | 0.77% | 0.94% |
| Median household income | $49,147 | $77,353 | $80,734 |
| Homes lived in by their owners | 78% | 66% | 65% |
| Owner homes with a mortgage | 30% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,280 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 20.0% | 21.0% |
| Median rent | $536 | $1,393 | $1,413 |
| Rent as a share of renters' income | 26.5% | 31.3% | 30.6% |
| Median year homes were built | 1988 | 1992 | 1980 |
| Vacant homes | 37.9% | 10.3% | 10.1% |
| Population | 2,850 | 10,940,407 | 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 $94,400 with 20% down costs about $625 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $782, 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 $26,796 for the 20%-down payment. That payment is 15% of the median Clay County household income of $49,147; at that income and 20% down, the 28% guideline points to a home of about $173,000.
The median rent here is $536 a month, so owning the median home costs about $89 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $18,880 |
|---|---|
| Loan amount | $75,520 |
| Principal and interest | $508 |
| Property taxes (0.99% a year) | $78 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $625 |
Change the numbers in the calculator
| Down payment | $3,304 |
|---|---|
| Loan amount | $92,690 |
| Principal and interest | $624 |
| Property taxes (0.99% a year) | $78 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $782 |
Change the numbers in the calculator
Questions about home buying in Clay County
What is the median home value in Clay County?
About $94,400 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 $937 a year, which is about 0.99% 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 $625 a month. Keeping that under 28% of gross income takes about $26,796 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