North Augusta, South Carolina Property Taxes
The median property tax rate in North Augusta, SC is 0.55%, 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 North Augusta at $139,202, the typical annual property tax bill amounts to $815, which is well below the national median of $2,690. Property taxes in North Augusta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding North Augusta'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 North Augusta 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
North Augusta, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$766
Ownwell’s North Augusta Property Tax Bill Calculator is designed to help homeowners, real estate investors, and potential buyers estimate their annual property taxes in North Augusta with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in North Augusta to provide an accurate estimate of your property tax bill. This valuable tool offers insights into potential tax liabilities, allowing you to plan and budget effectively. For those interested in more granular details, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across North Augusta, South Carolina
Property taxes in North Augusta, 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 North Augusta is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within North Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Augusta 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 North Augusta's effective property tax rate to other areas in Edgefield County and the national median. For comparison, the 29841 zip code has the highest median property tax rate of 1.10%, while the 29860 zip code has the lowest median tax rate of 0.55%. Understanding how these areas compare with North Augusta provides valuable insights into the varying tax landscape across Edgefield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Augusta Tax Rate
0.55%
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 North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29841 | 0.67% | 0.83% | 1.10% | 1.36% | 1.52% |
| 29860 | 0.40% | 0.49% | 0.55% | 0.60% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across North Augusta, South Carolina
In North Augusta, 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 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. Assessment notices in North Augusta 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 North Augusta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In this region, the highest median tax bill is $906 in the 29841 zip code, while the lowest is $814 in the 29860 zip code.
Property Tax Assessment Values Across North Augusta, South Carolina
Source: Ownwell
$6,902
$79,521
$152,140
Average North Augusta Assessed Value
$139,202
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 North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29841 | $18,112 | $38,611 | $114,026 | $240,732 | $353,555 |
| 29860 | $9,423 | $27,322 | $139,202 | $238,550 | $346,166 |
Source: Ownwell
Property Tax Bills Across North Augusta, South Carolina
In North Augusta, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local assessor's office determines this assessed value. Once the assessed value is established, the local tax rate, also known as the millage rate, is applied. This rate can vary depending on the specific needs of the community, such as funding for schools, infrastructure, and other public services. For homeowners in North Augusta, the median home price is $139,202. Property tax bills can range significantly, with the 25th percentile at $313 and the 75th percentile at $1,279. The highest median tax bill in the area is $906 in the 29841 zip code, while the lowest is $814 in the 29860 zip code. These variations highlight how different factors, such as location and property value, influence the final tax bill. Understanding these components can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average North Augusta Tax Bill
$815
Average Edgefield County Tax Bill
$555
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29841 | $833 | $861 | $906 | $952 | $979 |
| 29860 | $113 | $312 | $814 | $1,280 | $1,779 |
Source: Ownwell