Pineland, South Carolina Property Taxes
The median property tax rate in Pineland, SC is 1.04%, slightly higher than the national median of 0.99% and significantly above the South Carolina state median of 0.72%. With a median home value of $20,250 in Pineland, the typical annual property tax bill is about $224, which is considerably lower than the national median of $2,690. Property taxes in Pineland are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Pineland'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 Pineland or another part of Jasper County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pineland, 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 Pineland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineland 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 Pineland, South Carolina
Property taxes in Pineland, South Carolina, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineland is 1.04%, higher than the U.S. national median of 0.99%. Local government entities within Pineland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineland 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 Pineland's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29934 zip code has the highest median property tax rate of 1.04%, while the lowest median tax rate is also 1.04%. Understanding how these cities compare with Pineland provides valuable insights into the varying tax landscape across Jasper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineland Tax Rate
1.04%
Average Jasper County Tax Rate
0.79%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineland, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29934 | 0.33% | 0.58% | 1.04% | 1.95% | 1.95% |
Source: Ownwell
Property Tax Assessment Values Across Pineland, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pineland, 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 Jasper 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 Pineland, 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 Pineland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 29934 has the highest and lowest median tax bill, both at $224.
Property Tax Assessment Values Across Pineland, South Carolina
Source: Ownwell
$12,000
$184,550
$357,100
Average Pineland Assessed Value
$20,250
Average Jasper County Assessed Value
$92,100
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pineland, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29934 | $2,100 | $8,000 | $20,250 | $82,700 | $164,700 |
Source: Ownwell
Property Tax Bills Across Pineland, South Carolina
In Pineland, located in Jasper County, SC, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements, changes in market conditions, and local government budgets can influence the assessed value and tax rate. For homeowners in Pineland, the median home price is $20,250, which significantly impacts their tax bills. The 25th percentile tax bill is around $66, while the 75th percentile tax bill reaches up to $601. At the 90th percentile, homeowners can expect to pay approximately $1,284. Comparatively, the highest and lowest median tax bills in the area are both $224, indicating a relatively narrow range in median tax obligations. These property tax bills can affect homeowners by influencing their overall cost of living and potentially impacting their ability to invest in home improvements or other financial goals. Understanding these factors helps homeowners plan and budget more effectively.
Average Pineland Tax Bill
$224
Average Jasper County Tax Bill
$815
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineland, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29934 | $29 | $66 | $224 | $601 | $1,284 |
Source: Ownwell