Clemson, South Carolina Property Taxes
The median property tax rate in Clemson, SC is 0.60%, 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 $229,000 in Clemson, the typical annual property tax bill amounts to $1,764, well below the national median of $2,690. Property taxes in Clemson are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Clemson'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 Clemson 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
Clemson, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$1,374
Ownwell’s Clemson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clemson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clemson 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 Clemson, South Carolina
Property taxes in Clemson, 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 Clemson is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Clemson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clemson 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 Clemson's effective property tax rate to other areas in South Carolina and the national median. For comparison, the 29631 zip code has the highest median property tax rate of 0.60%, while the same zip code also has the lowest median tax rate of 0.60%. Understanding how these cities compare with Clemson provides valuable insights into the varying tax landscape across Pickens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clemson Tax Rate
0.60%
Average Pickens County Tax Rate
0.47%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clemson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29631 | 0.48% | 0.60% | 0.60% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Clemson, South Carolina
In Clemson, 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 Pickens County Assessor's Office 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 Clemson, 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. The median home price in Clemson is $229,000, with annual tax bills ranging from $1,134 at the 25th percentile to $4,686 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clemson Assessed Value
$229,000
Average Pickens County Assessed Value
$142,700
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clemson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29631 | $73,000 | $144,250 | $229,000 | $345,200 | $462,800 |
Source: Ownwell
Property Tax Bills Across Clemson, South Carolina
In Clemson, located in Pickens County, SC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value of the property. For homeowners in Clemson, the median home price stands at $229,000. Property tax rates in this region can vary, but the median tax bill in Clemson is $1,764 annually, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the assessed value of the property, any applicable exemptions, and the local tax rate. For instance, the 25th percentile tax bill is around $1,134, while the 75th percentile tax bill can reach up to $2,748. At the 90th percentile, homeowners might see tax bills as high as $4,686. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for Clemson residents.
Average Clemson Tax Bill
$1,764
Average Pickens County Tax Bill
$811
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Clemson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29631 | $761 | $1,134 | $1,764 | $2,748 | $4,686 |
Source: Ownwell