Fayette County, IN
Comprehensive housing, income, and cost of living data for Fayette County, Indiana. Population: 23.4K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Fayette County, IN?
The median home price in Fayette County, Indiana is $152.7K. The price-to-income ratio is 2.7x, meaning the median home costs 2.7 times the median household income.
What salary do you need to buy a home in Fayette County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $39.0K per year to buy the median home in Fayette County, IN. Monthly housing costs break down to $772 for mortgage, $73.17 for property tax, and $63.63 for insurance.
What is the property tax rate in Fayette County?
The effective property tax rate in Fayette County is 0.57%, which comes to approximately $878 per year on the median home.
What is the median household income in Fayette County?
The median household income in Fayette County, Indiana is $56.7K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.8%%.
Is Fayette County a good place to live?
Fayette County, Indiana has a population of 23.4K. Housing affordability is strong with a price-to-income ratio of 2.7x. The climate averages 52 degrees F with 169 sunny days per year. Compare Fayette County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.