Bluffton, South Carolina Property Taxes
The median property tax rate in Bluffton, SC is 0.69%, which is notably lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $277,500 in Bluffton, the typical annual property tax bill amounts to $2,011, falling below the national median of $2,690. Property taxes in Bluffton are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Bluffton'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 Bluffton or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bluffton, South Carolina 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 Bluffton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bluffton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bluffton 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 Bluffton, South Carolina
Property taxes in Bluffton, South Carolina, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Bluffton is 0.69%, which is lower than the South Carolina state median of 0.75% and the U.S. national median of 0.99%. Local government entities within Bluffton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bluffton 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 Bluffton's effective property tax rate to other areas in South Carolina and the national median. For comparison, the 29910 zip code has the highest median property tax rate of 0.76%, while the 29909 zip code has the lowest median tax rate of 0.51%. Understanding how these areas compare with Bluffton provides valuable insights into the varying tax landscape across Beaufort County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bluffton Tax Rate
0.69%
Average Beaufort County Tax Rate
0.82%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bluffton, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | 0.43% | 0.47% | 0.51% | 0.60% | 1.69% |
| 29910 | 0.48% | 0.58% | 0.76% | 1.42% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Bluffton, South Carolina
In Bluffton, 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 Beaufort County Assessor 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. In Bluffton, 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. For instance, the median home price in Bluffton is $277,500. The 25th percentile tax bill is $1,250, while the 75th percentile tax bill is $3,630. The highest median tax bill is $2,293 in the 29910 zip code, and the lowest median tax bill is $1,473 in the 29909 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Bluffton, South Carolina
Source: Ownwell
$24,200
$838,625
$1,653,050
Average Bluffton Assessed Value
$277,500
Average Beaufort County Assessed Value
$278,200
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bluffton, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | $200,000 | $228,600 | $267,950 | $316,125 | $389,700 |
| 29910 | $96,100 | $187,300 | $286,700 | $454,700 | $759,800 |
Source: Ownwell
Property Tax Bills Across Bluffton, South Carolina
In Bluffton, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The local tax rate, or millage rate, is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $277,500 in Bluffton, homeowners can expect their tax bills to vary significantly. Several factors influence the tax bill, including property size, location, and any applicable exemptions. In Bluffton, the tax bill at the 25th percentile is $1,250, while at the 75th percentile, it rises to $3,630. At the 90th percentile, it can reach as high as $6,335. The highest median tax bill in Bluffton's 29910 zip code is $2,293, compared to the lowest median tax bill of $1,473 in the 29909 zip code. These variations affect homeowners by influencing their annual financial planning and potentially impacting property values. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances more effectively.
Average Bluffton Tax Bill
$2,011
Average Beaufort County Tax Bill
$2,400
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Bluffton, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | $940 | $1,173 | $1,473 | $2,189 | $4,285 |
| 29910 | $648 | $1,343 | $2,293 | $3,991 | $7,394 |
Source: Ownwell