Ninety Six, South Carolina Property Taxes
The median property tax rate in Ninety Six, SC is 0.75%, slightly higher than the state median of 0.72% but lower than the national median of 0.99%. With a median home value of $60,000 in Ninety Six, the typical annual property tax bill is $436, significantly below the national median of $2,690. Property taxes in Ninety Six are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Ninety Six'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 Ninety Six or another part of Saluda County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ninety Six, South Carolina Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s NINETY SIX Property Tax Bill Calculator is designed for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in NINETY SIX with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in NINETY SIX to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more granular details, additional neighborhood-level information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Ninety Six, South Carolina
Property taxes in Ninety Six, 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 Ninety Six is 0.75%, which is below the U.S. national median of 0.99%. Local government entities within Ninety Six set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ninety Six 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 Ninety Six's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29666 has both the highest and lowest median property tax rate of 0.75%. Understanding how these cities compare with Ninety Six provides valuable insights into the varying tax landscape across Saluda County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ninety Six Tax Rate
0.75%
Average Saluda County Tax Rate
0.88%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ninety Six, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29666 | 0.16% | 0.40% | 0.75% | 1.44% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Ninety Six, South Carolina
In Ninety Six, 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 Saluda County Appraisal District 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 Ninety Six, 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. Being aware of these valuation processes in Ninety Six helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 29666, with a median tax bill of $436.
Property Tax Assessment Values Across Ninety Six, South Carolina
Source: Ownwell
$47,650
$123,125
$198,600
Average Ninety Six Assessed Value
$60,000
Average Saluda County Assessed Value
$64,000
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ninety Six, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29666 | $11,750 | $31,775 | $60,000 | $102,525 | $169,500 |
Source: Ownwell
Property Tax Bills Across Ninety Six, South Carolina
In Ninety Six, property tax bills are calculated based on the assessed value of the home, which is determined as a percentage of the market value. For a median home price of $60,000, the assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location within Saluda County, home improvements, and market conditions can influence the assessed value. Homeowners in Ninety Six can expect tax bills to vary significantly. For example, the 25th percentile tax bill is $233, while the 75th percentile tax bill reaches $911. At the 90th percentile, tax bills can climb to $1,529. The highest median tax bill in the area is $436, found in the 29666 zip code. These property tax bills directly impact homeowners by influencing their monthly mortgage payments and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Ninety Six offers a relatively affordable property tax environment, making it an attractive option for potential homeowners.
Average Ninety Six Tax Bill
$436
Average Saluda County Tax Bill
$641
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Ninety Six, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29666 | $67 | $233 | $436 | $911 | $1,529 |
Source: Ownwell