Ladson, South Carolina Property Taxes
The median property tax rate in Ladson, SC is 0.62%, notably lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Ladson at $150,000, the typical annual property tax bill amounts to $962, significantly under the national median of $2,690. Property taxes in Ladson 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 uses. Understanding Ladson'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 Ladson 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
Ladson, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$930
Ownwell’s Ladson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ladson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ladson 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 Ladson, South Carolina
Property taxes in Ladson, 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 Ladson is 0.62%, which is below the U.S. national median of 0.99%. Local government entities within Ladson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ladson 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 Ladson's effective property tax rate to other areas in Charleston County and the national median. For comparison, the 29485 zip code has the highest median property tax rate of 1.05%, while the 29456 zip code has the lowest median tax rate of 0.62%. Understanding how these cities compare with Ladson provides valuable insights into the varying tax landscape across Charleston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ladson Tax Rate
0.62%
Average Charleston County Tax Rate
0.53%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ladson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29456 | 0.31% | 0.41% | 0.62% | 1.49% | 2.51% |
| 29483 | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% |
| 29485 | 0.38% | 0.77% | 1.05% | 1.30% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Ladson, South Carolina
In Ladson, 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 Charleston 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 Ladson, 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. For instance, the highest median tax bill in Ladson is $964 in the 29456 zip code, while the lowest median tax bill is $309 in the 29483 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Ladson, South Carolina
Source: Ownwell
$2,700
$2,101,350
$4,200,000
Average Ladson Assessed Value
$150,000
Average Charleston County Assessed Value
$305,700
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ladson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29456 | $8,500 | $107,650 | $150,000 | $220,000 | $250,000 |
| 29483 | $135,400 | $135,400 | $135,400 | $135,400 | $135,400 |
| 29485 | $26,020 | $37,300 | $47,900 | $110,300 | $219,088 |
Source: Ownwell
Property Tax Bills Across Ladson, South Carolina
In Ladson, Charleston County, SC, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local tax rate, or millage rate, is then applied to this assessed value to determine your annual tax bill. Factors such as property location, home improvements, and any applicable exemptions can influence the assessed value. For instance, the median home price in Ladson is $150,000. Homeowners in this area experience a range of tax bills; those at the 25th percentile pay around $392, while those at the 75th percentile pay approximately $1,351. For the highest 10 percent of tax bills, homeowners could see amounts as high as $2,366. This variability affects homeowners differently, with some benefitting from lower taxes while others face higher bills. Compared to the national median property tax rate of 0.99%, Ladson's rates can be considered moderate, offering a balanced tax environment for its residents.
Average Ladson Tax Bill
$962
Average Charleston County Tax Bill
$1,751
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Ladson, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29456 | $215 | $397 | $964 | $1,351 | $2,368 |
| 29483 | $309 | $309 | $309 | $309 | $309 |
| 29485 | $247 | $325 | $371 | $484 | $1,109 |
Source: Ownwell