Jonesville, South Carolina Property Taxes
The median property tax rate in Jonesville, SC is 1.03%, slightly higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $25,800 in Jonesville, the typical annual property tax bill is $197, which is below the national median of $2,690. Property taxes in Jonesville are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Jonesville'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 Jonesville 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
Jonesville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$266
Ownwell’s Jonesville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or prospective buyers to estimate their annual property taxes in Jonesville with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Jonesville to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Jonesville, South Carolina
Property taxes in Jonesville, 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 Jonesville is 1.03%, higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Jonesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jonesville 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 Jonesville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29379 zip code has the highest median property tax rate of 2.05%, while the 29353 zip code has the lowest median tax rate of 0.95%. Understanding how these cities compare with Jonesville provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jonesville Tax Rate
1.03%
Average Union County Tax Rate
1.59%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jonesville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29353 | 0.21% | 0.65% | 0.95% | 1.91% | 2.05% |
| 29372 | 1.91% | 1.91% | 1.91% | 1.91% | 1.91% |
| 29379 | 2.05% | 2.05% | 2.05% | 2.05% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Jonesville, South Carolina
In Jonesville, 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 Union 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 Jonesville, 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 Jonesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Jonesville is $198 in zip code 29353, while the lowest is $103 in zip code 29379.
Average Jonesville Assessed Value
$25,800
Average Union County Assessed Value
$24,000
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jonesville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29353 | $3,300 | $5,200 | $26,250 | $70,900 | $126,900 |
| 29372 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 |
| 29379 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
Source: Ownwell
Property Tax Bills Across Jonesville, South Carolina
In Jonesville, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $25,800. Local tax rates are applied to this assessed value to calculate the tax bill. In Union County, where Jonesville is located, the median property tax rate is significantly below the national median of 0.99%. Several factors influence the property tax bill, including property location, home value, and any applicable exemptions. For instance, the 25th percentile tax bill is $76, while the 75th percentile tax bill is $511, showing a wide range depending on property specifics. The highest median tax bill in the area is $198 in the 29353 zip code, whereas the lowest is $103 in the 29379 zip code. Homeowners in Jonesville benefit from relatively low property taxes, which can make homeownership more affordable compared to regions with higher tax rates. This lower tax burden can positively impact household budgets, making it easier to manage other expenses.
Average Jonesville Tax Bill
$197
Average Union County Tax Bill
$195
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Jonesville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29353 | $44 | $76 | $198 | $514 | $942 |
| 29372 | $76 | $76 | $76 | $76 | $76 |
| 29379 | $103 | $103 | $103 | $103 | $103 |
Source: Ownwell