Clay County, Illinois Property Taxes

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

Median Clay County effective property tax rate: 1.78%, significantly higher than the national median of 1.02%.
Median Clay County home value: $42,012
Median annual Clay County tax bill: $639, $1,761 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 Flora or another part of Clay County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clay County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.78%

Estimate Property Tax Bill

$748

$694

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, Illinois

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Clay County's effective property tax rate to other counties in Illinois or the U.S. median property tax rate. Clay County's median property tax rate stands at 1.78%, which is significantly higher than the national median of 1.02%. Within Clay County, Flora has the highest median tax rate at 1.94%, while Edgewood has the lowest at 1.45%. This disparity highlights the variability in property tax rates even within a single county. Understanding these differences can empower property owners to make informed decisions when considering property tax appeals or exemptions.

Property Tax Rates Across Clay County, Illinois

Source: Ownwell

1.45%

1.70%

1.94%

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

1.78%

Median Effective Illinois Taxx Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Clay County, Illinois

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Clay City	0.51%	1.05%	1.72%	2.11%	2.45%
Dieterich	N/A	N/A	N/A	N/A	N/A
Edgewood	0.74%	1.00%	1.45%	2.35%	2.35%
Farina	0.41%	0.98%	1.62%	2.12%	2.35%
Flora	0.68%	1.25%	1.94%	2.65%	3.17%
Ingraham	0.96%	1.08%	1.64%	2.19%	2.33%
Kinmundy	N/A	N/A	N/A	N/A	N/A
Louisville	0.28%	1.02%	1.69%	2.13%	2.92%
Mason	N/A	N/A	N/A	N/A	N/A
Newton	N/A	N/A	N/A	N/A	N/A
Noble	N/A	N/A	N/A	N/A	N/A
Sailor Springs	N/A	N/A	N/A	N/A	N/A
Xenia	0.35%	1.02%	1.83%	2.31%	2.85%

Source: Ownwell

Property Tax Assessment Values Across Clay County, Illinois

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 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 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 $832, with tax bills ranging significantly across the county. Ingraham has the highest median home price at $49,455.

Property Tax Assessment Values Across Clay County, Illinois

Source: Ownwell

$29,055

$39,255

$49,455

Median Clay County Assessed Value

$42,012

Median Illinois Assessed Value

$194,700

Median United States Assessed Value

$244,900

Property Tax Assessment Values Across Clay County, Illinois

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Clay City	$11,154	$20,928	$39,450	$78,806	$123,081
Dieterich	N/A	N/A	N/A	N/A	N/A
Edgewood	$6,466	$19,838	$29,055	$51,052	$78,398
Farina	$14,482	$21,740	$42,390	$90,844	$124,850
Flora	$9,728	$18,814	$40,888	$81,916	$135,616
Ingraham	$14,311	$29,728	$49,455	$80,438	$114,174
Kinmundy	N/A	N/A	N/A	N/A	N/A
Louisville	$10,871	$20,562	$44,322	$91,872	$160,540
Mason	N/A	N/A	N/A	N/A	N/A
Newton	N/A	N/A	N/A	N/A	N/A
Noble	N/A	N/A	N/A	N/A	N/A
Sailor Springs	N/A	N/A	N/A	N/A	N/A
Xenia	$13,646	$23,330	$41,679	$83,216	$109,826

Source: Ownwell

Property Tax Bills Across Clay County, Illinois

In Clay County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the home's location within the county and the services provided by local governments influence the tax rate. For instance, residents in Ingraham face the highest median tax bill at $832, while those in Edgewood enjoy the lowest at $334. These figures illustrate the variation in tax burdens across different areas within the county. Homeowners in Clay County experience tax bills ranging from the 25th percentile at $226 to the 90th percentile at $2,771, reflecting significant disparities based on property values and locations. Compared to the national median property tax bill of $2,400, Clay County's median tax bills are relatively modest, offering some financial relief to its residents. Understanding these factors helps homeowners anticipate their annual tax obligations.

Property Tax Bills Across Clay County, Illinois

Source: Ownwell

$334

$583

$832

Median Clay County Tax Bill

$639

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Clay County, Illinois

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Clay City	$89	$219	$641	$1,487	$2,499
Dieterich	N/A	N/A	N/A	N/A	N/A
Edgewood	$141	$187	$334	$843	$1,374
Farina	$62	$171	$548	$1,779	$2,654
Flora	$121	$283	$761	$1,768	$2,863
Ingraham	$201	$324	$832	$1,099	$1,788
Kinmundy	N/A	N/A	N/A	N/A	N/A
Louisville	$69	$192	$631	$1,683	$3,114
Mason	N/A	N/A	N/A	N/A	N/A
Newton	N/A	N/A	N/A	N/A	N/A
Noble	N/A	N/A	N/A	N/A	N/A
Sailor Springs	N/A	N/A	N/A	N/A	N/A
Xenia	$66	$206	$659	$1,511	$2,336

Source: Ownwell

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