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Clay County Housing Market

Illinois · 102 counties · Ranked #200 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$94,300

vs national$94,300 vs $281,900 national

Median Gross Rent

$709/mo

vs national$709 vs $1,163 national

Effective Tax Rate

1.62%

vs national+1.62% vs 1.02% national

Median Household Income

$57,266

vs national$57,266 vs $74,755 national

Affordability Ratio

1.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

21.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,523

Tax as % of Home Value

1.62%

Monthly Owner Cost

$734

Renter Income

$41,364

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Clay County?

The median home value in Clay County is $94,300. This is below the national median of $281,900.

How much is rent in Clay County?

The median gross rent in Clay County is $709 per month.

What is the property tax rate in Clay County?

The effective property tax rate in Clay County is 1.62%. The median annual property tax bill is $1,523.

Is Clay County affordable?

With a home-value-to-income ratio of 1.6x, Clay County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.