Fayette County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 6,282.
The median annual property tax in Fayette County is $1,740, which is 37% lower than the Illinois state average and 10% below the national average. The effective tax rate is 1.52% on a median home value of $114,700. Property taxes represent 3.0% of the median household income in this county.
Median Annual Tax
$1,740
-37% vs State
-10% vs US
Median Home Value
$114,700
-22% vs State
-46% vs US
Effective Tax Rate
1.52%
-17% vs State
+60% vs US
With vs Without Mortgage
With Mortgage
$2,256
$188/mo
Without Mortgage
$1,413
$118/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 | $1,740 +2.0% | 1.52% |
| 2022 | $1,706 +6.9% | 1.53% |
| 2021 | $1,596 +1.8% | 1.67% |
| 2020 | $1,568 +7.9% | 1.68% |
| 2019 | $1,453 | 1.65% |
Tax Burden
Tax-to-Income Ratio
3.0%
of median household income
Median Income
$57,113
per year
Monthly Tax
$145
per month
Other Counties in Illinois
Sangamon County
Tax: $3,369/yr Rate: 1.98%
Gallatin County
Tax: $1,276/yr Rate: 1.51%
Schuyler County
Tax: $1,940/yr Rate: 1.83%
Livingston County
Tax: $2,867/yr Rate: 2.18%
Jefferson County
Tax: $2,026/yr Rate: 1.71%
Macon County
Tax: $2,560/yr Rate: 2.10%
Frequently Asked Questions
What is the average property tax in Fayette County, Illinois? ▼
The median annual property tax in Fayette County is $1,740 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.52% on a median home value of $114,700.
How does Fayette County property tax compare to the national average? ▼
Property taxes in Fayette County are 10% below the national average of $1,923. The effective rate of 1.52% 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 $2,256 in annual property taxes, while homeowners without a mortgage pay $1,413. 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 3.0% of the median household income of $57,113. 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.