Johns Island, South Carolina Property Taxes
The median property tax rate in Johns Island, SC, is 0.65%, which is 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 $356,080, the typical annual property tax bill in Johns Island amounts to $2,435, falling below the national median of $2,690. Property taxes in Johns Island are calculated based on the tax assessed value, which often comes in lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. By understanding Johns Island's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're in the heart of Johns Island or another part of Charleston County, mastering the local property tax system will provide significant financial benefits.
Last Updated June 14, 2024
Johns Island, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.65%
Estimate Property Tax Bill
$2,315
Ownwell’s Johns Island Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johns Island with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johns Island 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 Johns Island, South Carolina
Property taxes in Johns Island, 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 Johns Island is 0.65%, lower than the U.S. national median of 0.99%. Local government entities within Johns Island set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johns Island 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 Johns Island's effective property tax rate to other areas in South Carolina and the national median. For comparison, the 29487 zip code has the highest median property tax rate of 0.73%, while the 29455 zip code has the lowest median tax rate of 0.65%. Understanding how these areas compare with Johns Island provides valuable insights into the varying tax landscape across Charleston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Johns Island Tax Rate
0.65%
Average Charleston County Tax Rate
0.53%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johns Island, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29455 | 0.34% | 0.40% | 0.65% | 1.42% | 1.70% |
| 29487 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Johns Island, South Carolina
In Johns Island, 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 Charleston 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 Johns Island, 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 highest median tax bill in Johns Island is in the 29455 zip code, amounting to $2,435, while the lowest is in the 29487 zip code at $373. 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 Johns Island helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Johns Island, South Carolina
Source: Ownwell
$2,700
$2,101,350
$4,200,000
Average Johns Island Assessed Value
$356,080
Average Charleston County Assessed Value
$305,700
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johns Island, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29455 | $89,000 | $214,050 | $356,080 | $700,000 | $1,401,760 |
| 29487 | $51,200 | $51,200 | $51,200 | $51,200 | $51,200 |
Source: Ownwell
Property Tax Bills Across Johns Island, South Carolina
In Johns Island, Charleston 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 applied to this assessed value to determine the annual tax bill. For instance, the median home price in Johns Island is $356,080. Property tax bills can vary significantly, reflecting the diverse property values in the area. Homeowners in the 25th percentile can expect to pay around $1,292, while those in the 75th percentile might see bills as high as $6,599. At the extreme, the 90th percentile tax bills can reach up to $14,806. The highest median tax bill in the area is $2,435 in the 29455 zip code, contrasting sharply with the lowest median tax bill of $373 in the 29487 zip code. These variations highlight the impact of property values and local tax rates on homeowners, making it crucial for them to understand how these factors influence their annual financial obligations.
Average Johns Island Tax Bill
$2,435
Average Charleston County Tax Bill
$1,751
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Johns Island, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29455 | $554 | $1,292 | $2,435 | $6,597 | $14,806 |
| 29487 | $373 | $373 | $373 | $373 | $373 |
Source: Ownwell