Property Tax in Fayette County
via TaxByCounty
Fayette's taxes rank well nationally
At 1.316%, Fayette County's effective tax rate sits well below the national median of 1.57%, placing the county in roughly the 35th percentile nationally. Homeowners here pay $1,721 annually on the median property, compared to the national median of $2,690—a difference of nearly $1,000 per year.
Just below the Iowa average
Fayette's 1.316% effective rate ranks 35th among Iowa's 99 counties, sitting slightly below the state average of 1.344%. The median tax bill of $1,721 falls roughly $440 below the state median of $2,160.
Among the region's lowest-taxed
Fayette outpaces neighboring Floyd County (1.391%) and Franklin County (1.348%) in tax efficiency. Only Greene County (1.197%) in the broader region offers a meaningfully lower effective rate.
Median tax on median home
A homeowner with the county's median property value of $130,800 pays approximately $1,721 annually in property taxes. With a mortgage, the figure rises to $1,746; without, it drops to $1,678.
Your assessment may be high
Many Iowa homeowners are overassessed relative to market value and don't realize it—appealing your assessment costs nothing and could lower your tax bill. If you believe your home's assessed value doesn't match its actual market worth, consider filing an appeal with your county assessor.