Johnsonville, South Carolina Property Taxes
The median property tax rate in Johnsonville, SC is 0.37%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Johnsonville, the typical annual property tax bill amounts to $293, which is well below the national median of $2,690. Property taxes in Johnsonville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Johnsonville'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 Johnsonville 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
Johnsonville, 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 Johnsonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Johnsonville with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Johnsonville to provide an estimate of your property tax bill. This valuable tool offers clarity on potential tax liabilities, helping you make informed decisions. For those interested in more granular insights, you can find localized information on neighborhood trends by scrolling down. Your property’s assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Johnsonville, South Carolina
Property taxes in Johnsonville, 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 Johnsonville is 0.37%, significantly lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Johnsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnsonville 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 Johnsonville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the highest median property tax rate in Florence County is 0.75%, while the lowest median tax rate is 0.25%. Understanding how these cities compare with Johnsonville provides valuable insights into the varying tax landscape across Florence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Johnsonville Tax Rate
0.37%
Average Florence County Tax Rate
0.45%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnsonville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29555 | 0.18% | 0.36% | 0.37% | 2.24% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Johnsonville, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Johnsonville, South Carolina. 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 Florence 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 Johnsonville, 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 example, the zip code 29555 has the highest median tax bill at $293, while the same zip code also has the lowest median tax bill at $293. 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 Johnsonville, South Carolina
Source: Ownwell
$12,935
$64,188
$115,440
Average Johnsonville Assessed Value
$39,545
Average Florence County Assessed Value
$26,678
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnsonville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29555 | $4,435 | $12,854 | $39,545 | $81,421 | $142,484 |
Source: Ownwell
Property Tax Bills Across Johnsonville, South Carolina
Property tax bills in Johnsonville, located in Florence County, SC, are calculated based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. In Johnsonville, the median home price is $39,545. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $124 and the 75th percentile at $661. For those at the 90th percentile, the tax bill can reach up to $1,218. Several factors influence the tax bill, including property improvements, market conditions, and any exemptions for which a homeowner may qualify. Compared to the national median property tax rate of 0.99%, Johnsonville's rates reflect the local economic conditions and public service needs. These taxes fund essential community services such as schools, emergency services, and infrastructure maintenance, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate their financial obligations and the benefits they receive in return.
Average Johnsonville Tax Bill
$293
Average Florence County Tax Bill
$515
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnsonville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29555 | $47 | $124 | $293 | $661 | $1,218 |
Source: Ownwell