Clemson, South Carolina Property Taxes
The median property tax rate in Clemson, SC is 0.86%, which is lower than the national median of 0.99% but higher than the South Carolina state median of 0.72%. With the median home value in Clemson at $200,880, the typical annual property tax bill reaches $1,673, falling below the national median of $2,690. Property taxes in Clemson are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. 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 Anderson County, 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
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
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 0.86%, 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 Anderson County and the national median. For comparison, the zip code 29631 has both the highest and lowest median property tax rate of 0.86%, reflecting a uniformity in tax rates within Clemson. Understanding how these rates compare with Clemson provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clemson Tax Rate
0.86%
Average Anderson County Tax Rate
0.55%
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 | 0.61% | 0.71% | 0.86% | 0.91% | 1.53% |
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 Anderson 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 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. Clemson homeowners can expect a median property tax bill of $1,673, with the highest and lowest median tax bills both occurring in the 29631 zip code. 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
$200,880
Average Anderson County Assessed Value
$138,430
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 | $169,382 | $177,870 | $200,880 | $245,220 | $277,726 |
Source: Ownwell
Property Tax Bills Across Clemson, South Carolina
In Clemson, Anderson County, SC, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. For instance, with a median home price of $200,880, homeowners can expect varying tax bills depending on their specific circumstances. Factors such as property size, location, and any applicable exemptions or deductions play a crucial role in determining the assessed value. In Clemson, the property tax bills range significantly, with the 25th percentile at $1,401 and the 75th percentile at $2,406. The 90th percentile sees tax bills as high as $2,877. Compared to the national median property tax rate of 0.99%, Clemson's tax bills reflect a diverse range, impacting homeowners differently based on their property's assessed value. Homeowners in the zip code 29631 experience a median tax bill of $1,673, which aligns with both the highest and lowest median tax bills in the area.
Average Clemson Tax Bill
$1,673
Average Anderson County Tax Bill
$929
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 | $1,305 | $1,401 | $1,673 | $2,406 | $2,877 |
Source: Ownwell