Property Tax & Income in Fayette County, Iowa
Fayette County has an effective property tax rate of 1.30%. On the median home value of $136,800, that's roughly $1,782 per year. Median household income is $60,165.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Fayette County | Iowa (state context) |
|---|---|---|
| Effective property tax rate1 | 1.30% | 1.32% |
| Median home value1 | $136,800 | — |
| State income tax3 | top rate 3.80% | top rate 3.80% |
| State sales tax3 | 6.94% combined | 6.94% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Fayette County, IA
In Fayette County, Iowa, the median home value is $136,800, and the annual property tax bill on that home comes to about $1,782. That works out to an effective rate of 1.303%, which sits just under Iowa's statewide median of 1.319% and places the county 55th among the state's 99 counties. Compared with the national median effective rate of 0.794%, though, homeowners here pay a noticeably higher share of their property's value each year. Household income in the county averages $60,165, with per-capita income at $35,469, so the tax bill amounts to roughly 3% of median household earnings. Among communities like Maynard, Oran, and Westgate, buyers will find some of the state's more affordable home prices, even if the tax rate itself isn't the lowest around.