Starr, South Carolina Property Taxes
The median property tax rate in Starr, SC is 0.58%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $85,830 in Starr, the typical annual property tax bill amounts to $561, well below the national median of $2,690. Property taxes in Starr are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Starr's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Starr or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Starr, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$498
Ownwell’s Starr Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Starr with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starr to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Starr, South Carolina
Property taxes in Starr, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starr is 0.58%, lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Starr set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starr estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Starr's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29684 zip code has the highest median property tax rate of 0.58%, while the 29684 zip code also has the lowest median tax rate of 0.58%. Understanding how these cities compare with Starr provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Starr Tax Rate
0.58%
Average Anderson County Tax Rate
0.55%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Starr, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29684 | 0.20% | 0.37% | 0.58% | 1.08% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Starr, South Carolina
In Starr, South Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Anderson County Appraisal District for tax purposes. In contrast, the assessed value 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 are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Starr helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $561.00 in zip code 29684, which is also the lowest median tax bill.
Average Starr Assessed Value
$85,830
Average Anderson County Assessed Value
$138,430
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Starr, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29684 | $12,940 | $30,370 | $85,830 | $156,585 | $275,196 |
Source: Ownwell
Property Tax Bills Across Starr, South Carolina
In Starr, located in Anderson County, SC, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value of the property, and this figure is then multiplied by the local tax rate to determine the tax bill. For instance, the median home price in Starr is $85,830. Homeowners in this region can expect their tax bills to vary significantly, with the 25th percentile at $232 and the 75th percentile reaching $1,072. At the 90th percentile, tax bills can go up to $1,908. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Starr's property tax rates may seem more manageable for homeowners. However, the financial impact remains significant, affecting household budgets and long-term financial planning. Understanding these elements helps homeowners anticipate their annual property tax expenses more accurately.
Average Starr Tax Bill
$561
Average Anderson County Tax Bill
$929
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Starr, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29684 | $101 | $232 | $561 | $1,072 | $1,908 |
Source: Ownwell