Edgefield County Property Taxes
The median property tax rate in Edgefield County is 0.56%, 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 $82,866, the typical annual property tax bill in Edgefield County is $555, far below the national median of $2,690. Property taxes in Edgefield County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Edgefield County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Edgefield or another part of Edgefield County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edgefield County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$464
Ownwell’s Edgefield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Edgefield with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Edgefield to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Edgefield County, South Carolina
Property taxes in Edgefield play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Edgefield is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Edgefield set these rates annually, and they can vary significantly between different areas within the county. Each year, Edgefield estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Edgefield's effective property tax rate with other areas in South Carolina and the national median. For comparison, the city of Saluda has one of the higher property tax rates in South Carolina at 1.51%, while the city of Modoc boasts one of the lowest at 0.49%. Analyzing how Edgefield's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Edgefield County Tax Rate
0.56%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edgefield County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarks Hill | 0.23% | 0.41% | 0.54% | 0.59% | 1.39% |
Edgefield | 0.30% | 0.45% | 0.56% | 0.78% | 1.72% |
Johnston | 0.35% | 0.46% | 0.61% | 0.84% | 2.08% |
Mc Cormick | 0.23% | 0.34% | 0.58% | 1.07% | 2.58% |
Modoc | 0.18% | 0.33% | 0.49% | 0.68% | 2.12% |
North Augusta | 0.40% | 0.49% | 0.55% | 0.60% | 1.78% |
Plum Branch | 0.30% | 0.40% | 0.60% | 0.82% | 2.72% |
Ridge Spring | 0.23% | 0.34% | 0.52% | 0.65% | 1.08% |
Saluda | 1.15% | 1.29% | 1.51% | 1.74% | 1.87% |
Trenton | 0.32% | 0.50% | 0.59% | 1.04% | 2.81% |
Source: Ownwell
Property Tax Assessment Values Across Edgefield County, South Carolina
In Edgefield County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Edgefield County Appraisal District. The assessed value, however, 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 in Edgefield County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, North Augusta has the highest median tax bill at $815, while Saluda has the lowest at $163. Being aware of these valuation processes in Edgefield County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Edgefield County, South Carolina
Source: Ownwell
$6,902
$79,521
$152,140
Average Edgefield County Assessed Value
$82,866
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edgefield County, South Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarks Hill | $14,732 | $58,331 | $152,140 | $232,770 | $343,326 |
Edgefield | $8,000 | $28,173 | $78,177 | $161,275 | $256,329 |
Johnston | $7,370 | $27,946 | $66,112 | $124,091 | $201,163 |
Mc Cormick | $4,920 | $11,367 | $30,868 | $85,003 | $146,836 |
Modoc | $9,195 | $29,361 | $81,856 | $152,706 | $323,176 |
North Augusta | $9,344 | $27,322 | $139,202 | $238,550 | $346,352 |
Plum Branch | $7,109 | $19,344 | $41,136 | $66,811 | $108,791 |
Ridge Spring | $23,748 | $49,508 | $130,844 | $216,998 | $262,521 |
Saluda | $3,327 | $4,668 | $6,902 | $12,414 | $15,721 |
Trenton | $6,107 | $14,107 | $41,147 | $117,421 | $212,369 |
Source: Ownwell
Property Tax Bills Across Edgefield County, South Carolina
In Edgefield County, SC, property tax bills are calculated based on the assessed value of a property, which is derived from its market value. The local tax rate, or millage rate, is then applied to this assessed value to determine the annual tax bill. Various factors influence the final tax bill, including property type, exemptions, and local government budgets. For homeowners in Edgefield County, the financial impact of property taxes can vary significantly. The median home price in the county is $82,866. Homeowners at the 25th percentile pay around $230 annually, while those at the 75th percentile face a tax bill of approximately $1,000. At the 90th percentile, the tax bill can reach up to $1,472. North Augusta, within Edgefield County, has the highest median tax bill at $815, whereas Saluda has the lowest at $163. Compared to the national median property tax rate of 0.99%, Edgefield County homeowners may find their tax obligations relatively manageable, depending on their property's assessed value and applicable exemptions.
Average Edgefield County Tax Bill
$555
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Edgefield County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clarks Hill | $110 | $335 | $767 | $1,186 | $1,730 |
Edgefield | $100 | $235 | $497 | $845 | $1,236 |
Johnston | $100 | $230 | $464 | $737 | $1,084 |
Mc Cormick | $100 | $100 | $201 | $468 | $630 |
Modoc | $101 | $260 | $428 | $746 | $1,366 |
North Augusta | $113 | $313 | $815 | $1,279 | $1,779 |
Plum Branch | $100 | $122 | $281 | $396 | $669 |
Ridge Spring | $100 | $166 | $622 | $858 | $1,192 |
Saluda | $141 | $149 | $163 | $177 | $185 |
Trenton | $100 | $156 | $348 | $734 | $1,212 |
Source: Ownwell
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