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Clay County Housing Market

Kentucky · 120 counties · Ranked #123 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$87,300

vs national$87,300 vs $281,900 national

Median Gross Rent

$698/mo

vs national$698 vs $1,163 national

Effective Tax Rate

0.69%

vs national0.69% vs 1.02% national

Median Household Income

$39,607

vs national$39,607 vs $74,755 national

Affordability Ratio

2.2x

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

Rent Burden

34.0%

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

More Housing Data

Property Tax (Median)

$598

Tax as % of Home Value

0.68%

Monthly Owner Cost

$456

Renter Income

$22,276

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Frequently Asked Questions

What is the median home value in Clay County?

The median home value in Clay County is $87,300. This is below the national median of $281,900.

How much is rent in Clay County?

The median gross rent in Clay County is $698 per month.

What is the property tax rate in Clay County?

The effective property tax rate in Clay County is 0.69%. The median annual property tax bill is $598.

Is Clay County affordable?

With a home-value-to-income ratio of 2.2x, 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.