Property tax in Fayette County, Indiana

By Brent Chudoba, editor Updated September 23, 2026

The median property tax bill in Fayette County, Indiana is $949 a year, which is about 0.73% of the county's median home value of $130,700. That effective rate is higher than the typical Indiana county (0.66%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.

Estimate the property tax on a home in Fayette County

Enter a home's market value for a ballpark at Fayette County's average effective rate of 0.73% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.

Home market value

Estimated property tax: $954 / year

Property tax in Fayette County at a glance

Fayette County, Indiana property tax (Census ACS, reviewed September 23, 2026)
Measure	Value
Median annual property tax	$949
Median home value	$130,700
Effective tax rate	0.73%
Typical Indiana county rate	0.66%
National median county rate	0.81%

Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.

How does Fayette County compare in Indiana?

Among Indiana's 92 counties, Fayette County has the 26th highest effective property-tax rate: 25 rank higher and 66 rank lower. That is on the higher side for Indiana. Nationally, it ranks 1782nd of 3135 US counties by effective rate. See every Indiana county ranked.

How much do homeowners in Fayette County actually pay?

The median is only the middle bill. Across Fayette County's 6,792 owner-occupied homes, 6.3% pay $3,000 or more a year in property tax, 14.1% pay at least $2,000, and 37.7% pay under $800. Another 7.1% report paying no property tax at all, which usually means an exemption covers the whole bill.

Annual property tax paid by Fayette County homeowners (Census ACS 2020-2024)
Annual bill	Homes	Share
Under $800	2,558	37.7%
$800 to $1,499	2,268	33.4%
$1,500 to $1,999	530	7.8%
$2,000 to $2,999	527	7.8%
$3,000 or more	427	6.3%
No property tax paid	482	7.1%

Owners with a mortgage pay a median of $977 and owners without one pay $878. Owners who have paid off a home have usually held it longer, and in states that cap how fast an existing owner's assessment can rise, long-held homes carry lower assessed values. Census table B25103.

How does the Fayette County property tax bill compare with local incomes?

The median property tax bill of $949 is about 1.4% of the median income of Fayette County homeowner households, $70,236 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 72.1% of Fayette County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.

Have property taxes gone up in Fayette County?

Yes. The median bill went from $663 in 2015-2019 to $949 in 2020-2024, a 43.1% rise. Over the same span the median home value moved 59.6%, from $81,900 to $130,700. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.

Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.

Property tax in counties next to Fayette County

Fayette County borders 5 counties.

Fayette County and its neighbors, highest effective rate first (Census ACS 2020-2024)
County	Effective rate	Median bill	Median home value
Wayne County, IN	0.81%	$1,137	$140,200
Henry County, IN	0.73%	$1,124	$154,400
Fayette County, IN (this county)	0.73%	$949	$130,700
Rush County, IN	0.65%	$1,079	$166,800
Union County, IN	0.64%	$1,116	$173,500
Franklin County, IN	0.59%	$1,479	$249,500

How is a home assessed in Fayette County?

Indiana assesses homes at 100% of market value in every county, Fayette County included. How Indiana assesses and reappraises homes.

Is there a homestead exemption in Fayette County?

Yes, but it is shrinking. Indiana's homestead standard deduction is $40,000 for assessment year 2026 and reaches $0 from 2030; a bill paid in 2026 reflects the $48,000 figure. That is the Indiana rule, and it applies in Fayette County. Indiana's exemptions and relief programs in full.

When are property taxes due in Fayette County?

Two installments, customarily due May 10 and November 10 of the year after the January 1 assessment, moving to the next business day when they fall on a weekend. One statement covering both is mailed in spring. Late payment costs 5% within 30 days, 10% after.

Indiana splits the bill into 2 installments. That is the Indiana rule. Fayette County issues and collects the bill, so the dates printed on your statement are the ones that bind you.

How to appeal your Fayette County property assessment

You contest the assessed value with the County or township assessor, then the Property Tax Assessment Board of Appeals, then the Indiana Board of Tax Review. The filing deadline is typically June 15 of the assessment year if your Form 11 notice was mailed before May 1, otherwise June 15 of the year the bill was mailed. That is the Indiana rule; Fayette County sets the exact dates and forms. The Indiana appeal process step by step.

Indiana rules from primary state sources, reviewed September 7, 2026; sources on the Indiana page.

Work out your own numbers

Sources

Median real estate taxes paid and median home value for Fayette County, Indiana: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024), tables B25103, B25077, B25102, B25119 and B25003; the five-year comparison uses the 2015-2019 estimates. Neighboring counties: Census county adjacency file.