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Fayette County Housing Market

Texas · 254 counties · Ranked #2493 in home value

Below National Avg

Housing at a Glance

Median Home Value

$271,100

vs national$271,100 vs $281,900 national

Median Gross Rent

$909/mo

vs national$909 vs $1,163 national

Effective Tax Rate

1.01%

vs national1.01% vs 1.02% national

Median Household Income

$76,541

vs national+$76,541 vs $74,755 national

Affordability Ratio

3.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,734

Tax as % of Home Value

1.01%

Monthly Owner Cost

$769

Renter Income

$39,623

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Frequently Asked Questions

What is the median home value in Fayette County?

The median home value in Fayette County is $271,100. This is below the national median of $281,900.

How much is rent in Fayette County?

The median gross rent in Fayette County is $909 per month.

What is the property tax rate in Fayette County?

The effective property tax rate in Fayette County is 1.01%. The median annual property tax bill is $2,734.

Is Fayette County affordable?

With a home-value-to-income ratio of 3.5x, Fayette County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.