Fayette County Property Taxes
Fayette County, Indiana
Effective Tax Rate
0.00%
26.8% below state avgMedian Annual Tax
$0
$73/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.76%
At a Glance
Median Home Value
$114,800
State avg ▼ $178,101
Tax w/ Mortgage/yr
$909
$76/mo escrow
Tax w/o Mortgage/yr
$802
$67/mo
State Tax Rate Rank
#74
of 92 counties (1 = lowest)
Data Story
About Property Taxes in Fayette County, Indiana
Fayette ranks among lowest-taxed U.S. counties
Fayette County's 0.765% effective tax rate sits below the national median of 0.84%, placing it in the bottom 40% nationally. The median property tax of just $878 is one-third the national median of $2,690, reflecting extremely affordable local property ownership.
Above state average but lowest dollar amounts
Fayette County's 0.765% rate exceeds Indiana's 0.671% state average, yet residents pay only $878 in median annual property taxes—the lowest among all profiled counties. This paradox reflects Fayette's significantly lower median home values of $114,800.
Fayette's lowest median home values drive low taxes
While Fayette's 0.765% rate ranks higher than DeKalb (0.628%) and Fountain (0.616%), its median annual tax of $878 is the state's lowest. This dramatic difference is driven by Fayette's $114,800 median home value—substantially less than neighboring counties like Elkhart ($194,400).
What a typical Fayette homeowner pays
The median home in Fayette County is valued at $114,800, resulting in an estimated annual property tax of around $878. Homeowners with mortgages pay slightly more ($909) than those without ($802).
Even small savings matter in Fayette County
Because Fayette homeowners already enjoy the state's lowest tax bills, a successful assessment appeal might save $150–300 annually. If your home's assessed value seems inflated, filing a free appeal with the assessor is still worth your time.
How Fayette County Compares
Median Annual Property Tax
Fayette County
0.76%
Effective rate
Indiana Avg
0.67%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Fayette County, Indiana?
How much are property taxes in Fayette County?
How does Fayette County compare to the Indiana average?
What is the median home value in Fayette County, Indiana?
Why is Fayette County property tax rate higher than the Indiana average?
How does Fayette County rank for property taxes in Indiana?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Indiana
Data updated: March 2026
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.