Dillon County Property Taxes
The median property tax rate in Dillon County is 2.15%, which is significantly higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Dillon County, the typical annual property tax bill reaches $372, which is considerably lower than the national median of $2,690. Property taxes in Dillon County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dillon County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dillon or another part of Dillon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dillon County 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 Dillon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dillon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dillon to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dillon County, South Carolina
Property taxes in Dillon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dillon County is 2.15%, which is higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Dillon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dillon County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Clio has one of the higher property tax rates in South Carolina at 9.71%, while the city of Sellers boasts one of the lowest at 1.76%. Analyzing how Dillon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dillon County Tax Rate
2.15%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dillon County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clio | 9.71% | 9.71% | 9.71% | 9.71% | 9.71% |
| Dillon | 1.74% | 1.82% | 2.15% | 2.16% | 3.48% |
| Fork | 1.79% | 1.80% | 1.82% | 1.94% | 2.01% |
| Hamer | 1.18% | 1.76% | 2.07% | 4.21% | 7.00% |
| Lake View | 1.64% | 1.83% | 2.32% | 2.79% | 4.53% |
| Latta | 0.83% | 1.76% | 2.31% | 2.62% | 6.82% |
| Little Rock | 1.76% | 1.85% | 2.27% | 3.18% | 3.70% |
| Nichols | 1.57% | 1.75% | 1.80% | 2.15% | 3.63% |
| Sellers | 0.71% | 1.76% | 1.76% | 2.22% | 9.33% |
Source: Ownwell
Property Tax Assessment Values Across Dillon County, South Carolina
In Dillon County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dillon County Appraisal District. The assessed value, however, 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. Assessment notices in Dillon County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Dillon County has a wide range of tax bills, with the highest median tax bill in Dillon at $545 and the lowest in Fork at $152. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Dillon County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Dillon County, South Carolina
Source: Ownwell
$2,107
$15,479
$28,850
Average Dillon County Assessed Value
$19,512
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dillon County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clio | $2,107 | $2,107 | $2,107 | $2,107 | $2,107 |
| Dillon | $3,957 | $8,004 | $28,850 | $54,198 | $78,782 |
| Fork | $8,136 | $8,210 | $8,334 | $34,567 | $50,307 |
| Hamer | $2,099 | $4,902 | $8,649 | $16,946 | $38,145 |
| Lake View | $2,532 | $6,182 | $14,619 | $48,928 | $76,896 |
| Latta | $3,270 | $7,052 | $11,460 | $38,831 | $69,470 |
| Little Rock | $5,000 | $6,240 | $14,393 | $32,962 | $36,936 |
| Nichols | $3,754 | $4,784 | $8,828 | $29,553 | $49,683 |
| Sellers | $3,373 | $11,354 | $11,370 | $20,968 | $38,725 |
Source: Ownwell
Property Tax Bills Across Dillon County, South Carolina
In Dillon County, SC, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a percentage of the market value and serves as the basis for the tax calculation. Various factors, including property location, size, and usage, influence the assessed value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Homeowners in Dillon County experience a range of property tax bills. The median home price is $19,512, with tax bills varying significantly. The tax bill at the 25th percentile is $180, while at the 75th percentile, it rises to $917. The 90th percentile tax bill can be as high as $1,499. The city of Dillon has the highest median tax bill at $545, compared to Fork, which has the lowest at $152. These variations can impact homeowners differently, influencing their overall financial planning and property affordability.
Average Dillon County Tax Bill
$372
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Dillon County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clio | $205 | $205 | $205 | $205 | $205 |
| Dillon | $101 | $191 | $545 | $1,071 | $1,632 |
| Fork | $146 | $148 | $152 | $700 | $1,029 |
| Hamer | $88 | $171 | $224 | $323 | $821 |
| Lake View | $65 | $208 | $301 | $776 | $1,827 |
| Latta | $122 | $171 | $292 | $686 | $1,451 |
| Little Rock | $88 | $169 | $326 | $754 | $839 |
| Nichols | $79 | $125 | $224 | $584 | $1,068 |
| Sellers | $138 | $200 | $200 | $381 | $772 |
Source: Ownwell