Johnston, South Carolina Property Taxes
The median property tax rate in Johnston, SC is 0.68%, which is lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $30,248 in Johnston, the typical annual property tax bill is $211, significantly less than the national median of $2,690. Property taxes in Johnston are calculated based on the tax assessed value, often below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Johnston'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 Johnston or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Johnston, 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 Johnston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johnston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johnston 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 Johnston, South Carolina
Property taxes in Johnston, 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 Johnston is 0.57%, which is significantly lower than both the South Carolina state median of 0.56% and the U.S. national median of 0.99%. Local government entities within Johnston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnston 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 Johnston's effective property tax rate to other counties in South Carolina and the national median. For comparison, 29832 has the highest median property tax rate of 0.57%, while 29832 also has the lowest median tax rate of 0.57%. Understanding how these cities compare with Johnston provides valuable insights into the varying tax landscape across Edgefield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Johnston Tax Rate
0.68%
Average Aiken County Tax Rate
0.59%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | 0.22% | 0.27% | 0.68% | 1.29% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Johnston, South Carolina
In Johnston, 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 Aiken 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 Johnston, 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 Johnston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $211 in the 29832 zip code, while the lowest is also $211, making it essential to understand how these valuations impact your specific tax situation.
Average Johnston Assessed Value
$30,248
Average Aiken County Assessed Value
$71,607
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | $5,583 | $9,659 | $30,248 | $101,128 | $118,814 |
Source: Ownwell
Property Tax Bills Across Johnston, South Carolina
Property tax bills in Johnston, located in Aiken County, SC, are calculated based on the assessed value of a property. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Various factors such as property size, location, and improvements can influence the assessed value. Once the assessed value is determined, it is multiplied by the local tax rate to calculate the annual property tax bill. In Johnston, the median home price is $30,248, and the property tax rates are relatively low compared to the national median property tax rate of 0.99%. The tax bills in Johnston range significantly, with the 25th percentile at $70 and the 75th percentile at $323. At the 90th percentile, homeowners can expect to pay around $392 annually. These property taxes contribute to essential community services such as public schools, emergency services, and infrastructure maintenance, directly impacting the quality of life for homeowners in Johnston.
Average Johnston Tax Bill
$211
Average Aiken County Tax Bill
$442
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | $26 | $70 | $211 | $323 | $392 |
Source: Ownwell