Property Tax in Fayette County
via TaxByCounty
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.