Abbeville County Property Taxes
The median property tax rate in Abbeville County is 0.76%, which is lower than the national median of 0.99% but slightly higher than South Carolina's state median of 0.72%. With a median home value of $33,600 in Abbeville County, the typical annual property tax bill amounts to $277, significantly below the national median of $2,690. Property taxes in Abbeville County are calculated based on the assessed value, which is often lower than the actual market value due to various exemptions such as primary residence and agricultural exemptions. By understanding Abbeville County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions, homeowners can achieve substantial annual savings. Whether you reside in Abbeville or another part of the county, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Abbeville County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Abbeville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Abbeville with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Abbeville to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Abbeville County, South Carolina
Property taxes in Abbeville play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Abbeville is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Abbeville set these rates annually, and they can vary significantly between different areas within the county. Each year, Abbeville estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Abbeville's effective property tax rate with other counties in South Carolina and the national median. For comparison, the city of Bradley has one of the higher property tax rates in South Carolina at 1.54%, while the city of Hodges boasts one of the lowest at 0.44%. Analyzing how Abbeville's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Abbeville County Tax Rate
0.76%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Abbeville County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | 0.26% | 0.42% | 0.74% | 1.65% | 2.56% |
| Belton | 0.11% | 0.18% | 0.50% | 0.90% | 1.28% |
| Bradley | 0.50% | 0.76% | 1.54% | 2.13% | 2.65% |
| Calhoun Falls | 0.27% | 0.52% | 0.90% | 1.81% | 2.57% |
| Donalds | 0.22% | 0.37% | 0.61% | 1.39% | 2.19% |
| Due West | 0.20% | 0.37% | 0.56% | 1.31% | 1.84% |
| Greenwood | 0.26% | 0.40% | 0.61% | 1.50% | 2.05% |
| Hodges | 0.15% | 0.30% | 0.44% | 0.73% | 1.88% |
| Honea Path | 0.24% | 0.45% | 0.71% | 1.58% | 2.14% |
| Iva | 0.27% | 0.45% | 0.80% | 1.93% | 2.26% |
| Lowndesville | 0.40% | 0.46% | 0.56% | 0.66% | 0.73% |
| Ware Shoals | 0.13% | 0.34% | 0.66% | 1.93% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across Abbeville County, South Carolina
In Abbeville County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Abbeville County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Abbeville County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Hodges has the highest median tax bill at $548, while Calhoun Falls has the lowest at $190. Being aware of these valuation processes in Abbeville County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Abbeville County, South Carolina
Source: Ownwell
$17,850
$93,350
$168,850
Average Abbeville County Assessed Value
$33,600
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Abbeville County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | $7,800 | $15,700 | $35,050 | $136,800 | $278,735 |
| Belton | $12,520 | $70,300 | $133,850 | $232,350 | $309,800 |
| Bradley | $10,000 | $12,000 | $23,950 | $53,100 | $81,080 |
| Calhoun Falls | $4,500 | $6,225 | $19,600 | $53,225 | $217,410 |
| Donalds | $9,000 | $18,038 | $44,000 | $151,538 | $282,590 |
| Due West | $9,000 | $16,325 | $55,325 | $219,725 | $369,625 |
| Greenwood | $8,140 | $15,700 | $42,600 | $221,700 | $290,640 |
| Hodges | $33,100 | $51,950 | $106,300 | $213,150 | $278,080 |
| Honea Path | $10,000 | $15,000 | $30,500 | $102,050 | $241,250 |
| Iva | $10,000 | $17,200 | $39,900 | $105,575 | $230,900 |
| Lowndesville | $35,180 | $40,850 | $50,300 | $59,750 | $65,420 |
| Ware Shoals | $5,700 | $11,500 | $29,200 | $54,800 | $120,610 |
Source: Ownwell
Property Tax Bills Across Abbeville County, South Carolina
In Abbeville County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the assessed value, including the home's size, age, location, and condition. The county's median home price stands at $33,600, leading to varying tax bills across different percentiles. For instance, homeowners in the 25th percentile face a tax bill of approximately $142, while those in the 75th percentile pay around $664. In more extreme cases, the 90th percentile sees tax bills reaching up to $1,438. Notably, the highest median tax bill in Abbeville County is $548 in Hodges, whereas Calhoun Falls has the lowest median tax bill at $190. These property taxes directly impact homeowners, influencing their overall cost of living and financial planning. Comparing these figures to the national median property tax rate of 0.99% highlights the relative affordability of property taxes in Abbeville County.
Average Abbeville County Tax Bill
$277
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Abbeville County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abbeville | $110 | $146 | $291 | $720 | $1,502 |
| Belton | $150 | $179 | $378 | $676 | $1,063 |
| Bradley | $163 | $225 | $291 | $408 | $738 |
| Calhoun Falls | $37 | $106 | $190 | $410 | $1,095 |
| Donalds | $84 | $141 | $306 | $740 | $1,393 |
| Due West | $97 | $154 | $366 | $1,027 | $1,647 |
| Greenwood | $124 | $160 | $397 | $833 | $1,271 |
| Hodges | $104 | $172 | $548 | $1,456 | $1,962 |
| Honea Path | $100 | $147 | $252 | $518 | $1,259 |
| Iva | $108 | $154 | $330 | $776 | $1,552 |
| Lowndesville | $241 | $242 | $243 | $244 | $245 |
| Ware Shoals | $44 | $119 | $212 | $357 | $715 |
Source: Ownwell