Fayette County, IN

Comprehensive housing, income, and cost of living data for Fayette County, Indiana. Population: 23.4K.

View on Map

Median Home Price

$152.7K

Based on 1 cities

Median Household Income

$56.7K

Annual household income

Price-to-Income Ratio

2.7x

Highly affordable

Salary Needed to Buy

$39.0K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$878

Average annual amount

Effective Tax Rate

0.57%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$772

Property Tax$73.17

Insurance$63.63

Total Monthly$909

Historical Home Prices

2015

$65.6K

2016

$66.0K

+0.7%%

2017

$68.2K

+3.3%%

2018

$78.5K

+15.1%%

2019

$82.8K

+5.4%%

2020

$96.2K

+16.3%%

2021

$106.6K

+10.8%%

2022

$125.6K

+17.9%%

2023

$130.5K

+3.8%%

2024

$141.7K

+8.6%%

2025

$152.7K

+7.7%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

2.8%%

Below national average

Population Density

109

People per square mile

Homicide Rate

11.2

Medium (per 100K residents)

Political Lean (2020)

Competitive

R+1

Racial Demographics

White

93.9%

Black

1.1%

Hispanic

1.4%

Asian

0.2%

Two or More Races

3.3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

52°F

Annual average

Sunny Days

169

Days per year

Annual Rainfall

44.2"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 34/100

January Low

23°F

Average winter low

July High

85°F

Average summer high

Explore More

View on Interactive Map Compare Counties View All IN Counties