Williston, South Carolina Property Taxes
The median property tax rate in Williston, SC is 1.25%, considerably higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Williston, the typical annual property tax bill reaches $155, which is significantly lower than the national median of $2,690. Property taxes in Williston are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Williston'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 Williston 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
Williston, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$217
Ownwell’s Williston Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Williston. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Williston to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities, allowing for better financial planning. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Williston, South Carolina
Property taxes in Williston, 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 Williston is 0.63%, which is lower than both the South Carolina state median of 0.56% and the U.S. national median of 0.99%. Local government entities within Williston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Williston 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 Williston's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29853 has the highest median property tax rate of 0.63%, while the same zip code has the lowest median tax rate of 0.63%. Understanding how these cities compare with Williston provides valuable insights into the varying tax landscape across Barnwell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Williston Tax Rate
1.25%
Average Aiken County Tax Rate
0.59%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29853 | 0.35% | 0.52% | 1.25% | 1.54% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Williston, South Carolina
In Williston, 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 Aiken 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 Williston, 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 Williston 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 in Williston is 29853, both at $155.
Average Williston Assessed Value
$17,372
Average Aiken County Assessed Value
$71,607
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Williston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29853 | $4,500 | $7,346 | $17,372 | $43,564 | $112,267 |
Source: Ownwell
Property Tax Bills Across Williston, South Carolina
In Williston, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Williston is $17,372. Local tax rates are applied to this assessed value to determine the tax bill. For example, homeowners in the 25th percentile can expect a tax bill of around $80, while those in the 75th percentile might pay approximately $339. At the 90th percentile, the tax bill can reach up to $739. Several factors influence these tax bills, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Williston's property tax rates offer a more affordable option for homeowners. However, these taxes are crucial for funding local services such as schools, emergency services, and public infrastructure. Understanding how these factors come together helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Williston Tax Bill
$155
Average Aiken County Tax Bill
$442
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Williston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29853 | $45 | $80 | $155 | $339 | $739 |
Source: Ownwell