Easley, South Carolina Property Taxes
The median property tax rate in Easley, SC is 0.47%, which is 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 Easley at $146,100, the typical annual property tax bill amounts to $772, well below the national median of $2,690. Property taxes in Easley are 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 Easley'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 Easley 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
Easley, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$687
Ownwell’s Easley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Easley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Easley 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 Easley, South Carolina
Property taxes in Easley, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Easley is 0.47%, significantly lower than the U.S. national median of 0.99%. Local government entities within Easley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Easley 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 Easley's effective property tax rate to other areas in Pickens County and the national median. For comparison, the 29640 zip code has the highest median property tax rate of 0.47%, while the 29642 zip code has the lowest median tax rate of 0.47%. Understanding how these areas compare with Easley 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 Easley Tax Rate
0.47%
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 Easley, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29640 | 0.29% | 0.44% | 0.47% | 1.27% | 1.53% |
| 29642 | 0.32% | 0.40% | 0.47% | 0.48% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Easley, South Carolina
In Easley, South Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 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 Easley, 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 example, the highest median tax bill in Easley is $899 in the 29642 zip code, while the lowest median tax bill is $692 in the 29640 zip code. 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 Easley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Easley Assessed Value
$146,100
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 Easley, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29640 | $41,900 | $69,900 | $122,900 | $177,975 | $257,722 |
| 29642 | $101,300 | $135,100 | $174,000 | $241,900 | $320,000 |
Source: Ownwell
Property Tax Bills Across Easley, South Carolina
Property tax bills in Easley, located in Pickens County, SC, are determined by assessing the market value of a property and then applying the local tax rate. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the local tax rate to calculate the annual tax bill. Easley's property tax rate is relatively moderate compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value and any applicable exemptions or deductions. Homeowners in Easley might see a range of tax bills, with the 25th percentile at $507 and the 75th percentile at $1,225, indicating a broad spectrum based on property values and individual circumstances. The highest median tax bill in Easley is $899 in the 29642 zip code, while the lowest is $692 in the 29640 zip code. Understanding these factors can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Easley Tax Bill
$772
Average Pickens County Tax Bill
$811
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Easley, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29640 | $244 | $428 | $692 | $1,102 | $1,803 |
| 29642 | $435 | $628 | $899 | $1,404 | $2,369 |
Source: Ownwell