Clay County, Arkansas Property Taxes

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

Median Clay County effective property tax rate: 0.78%, significantly lower than the national median of 1.02%. Median Clay County home value: $59,500. Median annual Clay County tax bill: $445, which is $1,955 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 Piggott or another part of Clay County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clay County, Arkansas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$464

$431

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, Arkansas

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

Clay County's effective property tax rate is 0.78%, which is below the national median property tax rate of 1.02%. Within Clay County, the highest median tax rate is found in Datto at 0.93%, while Mc Dougal boasts the lowest at 0.63%. This variation highlights how tax rates can differ even within a single county. When compared to the national median property tax bill of $2400, Clay County residents benefit from lower property taxes, making it an attractive option for property owners seeking affordability. Understanding these differences can help property owners make informed decisions about where to live or invest, ensuring they take full advantage of potential savings on property taxes.

Property Tax Rates Across Clay County, Arkansas

Source: Ownwell

0.63%

0.78%

0.93%

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 Taxx Rate

0.78%

Median Effective Arkansas Taxx Rate

0.84%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Clay County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Biggers	N/A	N/A	N/A	N/A	N/A
Corning	0.48%	0.62%	0.77%	0.86%	0.93%
Datto	0.79%	0.91%	0.93%	0.93%	0.93%
Delaplaine	N/A	N/A	N/A	N/A	N/A
Greenway	0.54%	0.68%	0.82%	0.92%	0.98%
Knobel	0.59%	0.69%	0.80%	0.85%	0.93%
Lafe	0.68%	0.74%	0.81%	0.83%	0.97%
Mc Dougal	0.43%	0.50%	0.63%	0.75%	0.90%
Paragould	N/A	N/A	N/A	N/A	N/A
Peach Orchard	0.55%	0.65%	0.83%	0.97%	1.05%
Piggott	0.50%	0.59%	0.73%	0.88%	1.01%
Pollard	0.62%	0.78%	0.91%	1.01%	1.01%
Rector	0.55%	0.68%	0.82%	0.97%	1.07%
Saint Francis	N/A	N/A	N/A	N/A	N/A
Success	0.38%	0.51%	0.77%	0.83%	0.83%

Source: Ownwell

Property Tax Assessment Values Across Clay County, Arkansas

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 Assessor's Office 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 are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 $530, with tax bills ranging significantly across the county. Piggott has the highest median home price at $77,150.

Property Tax Assessment Values Across Clay County, Arkansas

Source: Ownwell

$16,575

$46,863

$77,150

Median Clay County Market Value

$59,500

Median Arkansas Market Value

$113,950

Median United States Market Value

$244,900

Property Tax Assessment Values Across Clay County, Arkansas

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Biggers	N/A	N/A	N/A	N/A	N/A
Corning	$7,920	$27,300	$59,300	$93,050	$132,100
Datto	$2,770	$9,538	$16,575	$28,400	$37,950
Delaplaine	N/A	N/A	N/A	N/A	N/A
Greenway	$10,710	$24,288	$45,850	$98,712	$159,145
Knobel	$3,030	$15,450	$36,450	$64,250	$103,500
Lafe	$4,040	$10,400	$34,150	$54,750	$71,910
Mc Dougal	$2,360	$12,325	$33,700	$53,225	$80,750
Paragould	N/A	N/A	N/A	N/A	N/A
Peach Orchard	$4,850	$15,725	$40,800	$75,700	$137,020
Piggott	$13,250	$39,700	$77,150	$135,450	$201,390
Pollard	$9,870	$19,388	$40,625	$72,050	$129,225
Rector	$7,915	$29,888	$57,750	$90,162	$140,940
Saint Francis	N/A	N/A	N/A	N/A	N/A
Success	$2,395	$16,775	$51,475	$106,162	$185,655

Source: Ownwell

Property Tax Bills Across Clay County, Arkansas

In Clay County, AR, property taxes are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Clay County pay a median property tax bill that reflects these assessed values. Factors such as location, property size, and improvements can influence the assessed value and, consequently, the tax bill. For instance, Piggott has the highest median tax bill in the county at $530, while Datto has the lowest at $150. Compared to the national median property tax rate of 1.02% and a median tax bill of $2400, Clay County's property taxes are relatively low. However, the impact on homeowners can vary significantly, with tax bills ranging from $242 at the 25th percentile to $1193 at the 90th percentile. Understanding these factors is crucial for homeowners as property taxes can affect overall housing affordability and budgeting.

Property Tax Bills Across Clay County, Arkansas

Source: Ownwell

$150

$340

$530

Median Clay County Tax Bill

$445

Median Arkansas Tax Bill

$877

Median United States Tax Bill

$2,690

Property Tax Bills Across Clay County, Arkansas

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Biggers	N/A	N/A	N/A	N/A	N/A
Corning	$82	$230	$416	$654	$964
Datto	$43	$90	$150	$259	$352
Delaplaine	N/A	N/A	N/A	N/A	N/A
Greenway	$115	$214	$417	$684	$1,193
Knobel	$40	$122	$269	$460	$737
Lafe	$42	$108	$291	$399	$637
Mc Dougal	$40	$93	$220	$354	$518
Paragould	N/A	N/A	N/A	N/A	N/A
Peach Orchard	$59	$165	$339	$556	$986
Piggott	$150	$306	$530	$938	$1,486
Pollard	$83	$185	$373	$654	$1,015
Rector	$98	$264	$461	$680	$1,068
Saint Francis	N/A	N/A	N/A	N/A	N/A
Success	$59	$129	$376	$741	$1,425

Source: Ownwell