Pinopolis, South Carolina Property Taxes
The median property tax rate in Pinopolis, SC is 0.42%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Pinopolis at $281,800, the typical annual property tax bill amounts to $1,322, which is well below the national median of $2,690. Property taxes in Pinopolis are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pinopolis'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 Pinopolis 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
Pinopolis, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$1,184
Ownwell’s Pinopolis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pinopolis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pinopolis 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 Pinopolis, South Carolina
Property taxes in Pinopolis, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pinopolis is 0.42%, significantly lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Pinopolis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pinopolis 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 Pinopolis's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29469 has both the highest and lowest median property tax rate in the area, standing at 0.42%. Understanding how these cities compare with Pinopolis provides valuable insights into the varying tax landscape across Berkeley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pinopolis Tax Rate
0.42%
Average Berkeley County Tax Rate
0.55%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pinopolis, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29469 | 0.34% | 0.37% | 0.42% | 0.47% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Pinopolis, South Carolina
In Pinopolis, 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 Berkeley 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 Pinopolis, 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 Pinopolis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Pinopolis is $1322, both found in the 29469 zip code.
Property Tax Assessment Values Across Pinopolis, South Carolina
Source: Ownwell
$96,200
$2,413,900
$4,731,600
Average Pinopolis Assessed Value
$281,800
Average Berkeley County Assessed Value
$231,300
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pinopolis, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29469 | $127,510 | $204,550 | $281,800 | $420,425 | $600,460 |
Source: Ownwell
Property Tax Bills Across Pinopolis, South Carolina
In Pinopolis, located in Berkeley County, SC, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in Pinopolis is $281,800. Property tax rates in this area are relatively moderate compared to the national median property tax rate of 0.99%. Homeowners in Pinopolis typically see tax bills ranging from $912 at the 25th percentile to $2,030 at the 75th percentile, with the 90th percentile reaching up to $3,063. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. These elements collectively determine the financial responsibility of homeowners for supporting community services such as schools, emergency services, and infrastructure. Understanding how these factors interplay can help homeowners anticipate their annual property tax obligations and budget accordingly. With the highest and lowest median tax bill in the area both being $1,322, homeowners can expect a degree of consistency in their tax responsibilities.
Average Pinopolis Tax Bill
$1,322
Average Berkeley County Tax Bill
$1,364
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Pinopolis, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29469 | $589 | $912 | $1,322 | $2,030 | $3,063 |
Source: Ownwell