Fayette County, Iowa Property Taxes
Census Bureau ACS property tax data for Iowa. Population: 6,315.
The median annual property tax in Fayette County is $1,721, which is 20% lower than the Iowa state average and 11% below the national average. The effective tax rate is 1.32% on a median home value of $130,800. Property taxes represent 2.9% of the median household income in this county.
Median Annual Tax
$1,721
-20% vs State
-11% vs US
Median Home Value
$130,800
-19% vs State
-38% vs US
Effective Tax Rate
1.32%
-1% vs State
+39% vs US
With vs Without Mortgage
With Mortgage
$1,746
$146/mo
Without Mortgage
$1,678
$140/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,721 +4.2% | 1.32% |
| 2022 | $1,651 +9.4% | 1.34% |
| 2021 | $1,509 +2.0% | 1.38% |
| 2020 | $1,480 -0.4% | 1.39% |
| 2019 | $1,486 | 1.43% |
Tax Burden
Tax-to-Income Ratio
2.9%
of median household income
Median Income
$58,764
per year
Monthly Tax
$143
per month
Other Counties in Iowa
Clarke County
Tax: $2,335/yr Rate: 1.46%
Monona County
Tax: $1,412/yr Rate: 1.15%
Davis County
Tax: $2,217/yr Rate: 1.52%
Scott County
Tax: $3,221/yr Rate: 1.52%
Lucas County
Tax: $1,732/yr Rate: 1.48%
Palo Alto County
Tax: $1,471/yr Rate: 1.23%
Frequently Asked Questions
What is the average property tax in Fayette County, Iowa? ▼
The median annual property tax in Fayette County is $1,721 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.32% on a median home value of $130,800.
How does Fayette County property tax compare to the national average? ▼
Property taxes in Fayette County are 11% below the national average of $1,923. The effective rate of 1.32% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Fayette County? ▼
In Fayette County, homeowners with a mortgage pay a median of $1,746 in annual property taxes, while homeowners without a mortgage pay $1,678. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Fayette County? ▼
Property taxes in Fayette County represent approximately 2.9% of the median household income of $58,764. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.