TaxBy County

Fayette County

Fayette County, Illinois

Effective Tax Rate

1.52%

Median Annual Tax

$1,740

How Fayette County Compares

Median Annual Property Tax

Fayette County$1,740
Illinois State Average$2,782
National Average$1,924

Fayette County

1.52%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$2,256

per year

Without Mortgage

$1,413

per year

Estimate Your Property Tax

$

Annual Tax

$1,740

Monthly Escrow

$145

Effective Rate

1.52%

vs. Illinois State Average▼ 37.5% below
vs. National Average▼ 35.3% below
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Frequently Asked Questions

What is the property tax rate in Fayette County, Illinois?
The effective property tax rate in Fayette County, Illinois is 1.52%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Fayette County?
The median annual property tax payment in Fayette County is $1,740. Homeowners with a mortgage pay a median of $2,256, while those without a mortgage pay $1,413.
How does Fayette County compare to the Illinois average?
Fayette County's effective tax rate of 1.52% is lower than the Illinois state average of 1.90%. The median annual property tax in Fayette County is $1,740, compared to the state average of $2,782.
What is the median home value in Fayette County, Illinois?
The median home value in Fayette County, Illinois is $114,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in Illinois?
Property taxes in Illinois are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Richland County(IL)

Rate1.52%
Median Tax$1,618

Effingham County(IL)

Rate1.51%
Median Tax$2,713

Wayne County(IL)

Rate1.53%
Median Tax$1,670

Gallatin County(IL)

Rate1.51%
Median Tax$1,276
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Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.

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