Blackville, South Carolina Property Taxes
The median property tax rate in Blackville, SC is 0.91%, slightly below the national median of 0.99% but higher than the South Carolina state median of 0.72%. With a median home value of $27,950 in Blackville, the typical annual property tax bill is $279, which is significantly lower than the national median of $2,690. Property taxes in Blackville are calculated based on the tax assessed value, which generally falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Blackville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blackville or another part of Barnwell County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blackville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$254
Ownwell’s Blackville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blackville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blackville 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 Blackville, South Carolina
Property taxes in Blackville, South Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blackville is 0.91%, which is slightly below the U.S. national median of 0.99%. Local government entities within Blackville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blackville 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 Blackville's effective property tax rate to other areas in South Carolina and the national median. For comparison, the 29817 zip code has the highest median property tax rate of 0.91%, while the same zip code also has the lowest median tax rate of 0.91%. Understanding how these areas compare with Blackville provides valuable insights into the varying tax landscape across Barnwell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blackville Tax Rate
0.91%
Average Barnwell County Tax Rate
0.86%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blackville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29817 | 0.40% | 0.82% | 0.91% | 2.59% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Blackville, South Carolina
In Blackville, 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 Barnwell 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 Blackville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 29817, with a bill of $279.00, which also happens to be the lowest median tax bill in the area.
Property Tax Assessment Values Across Blackville, South Carolina
Source: Ownwell
$15,250
$39,475
$63,700
Average Blackville Assessed Value
$27,950
Average Barnwell County Assessed Value
$37,200
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blackville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29817 | $2,700 | $7,025 | $27,950 | $61,865 | $123,790 |
Source: Ownwell
Property Tax Bills Across Blackville, South Carolina
Property tax bills in Blackville, located in Barnwell County, SC, are calculated based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value. For instance, with a median home price of $27,950, the tax rate is applied to this assessed value to determine the annual tax bill. In Blackville, property tax bills vary significantly, with the 25th percentile at $111 and the 75th percentile at $668, reflecting the range of property values and assessments within the area. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For homeowners, these tax bills can impact monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, Blackville's property taxes are relatively low, offering some financial relief to homeowners. However, it's crucial for homeowners to stay informed about their property's assessed value and any changes in local tax rates to effectively manage their expenses.
Average Blackville Tax Bill
$279
Average Barnwell County Tax Bill
$366
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Blackville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29817 | $45 | $111 | $279 | $668 | $1,216 |
Source: Ownwell