North Augusta, South Carolina Property Taxes
The median property tax rate in North Augusta, SC is 0.44%, 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 North Augusta at $136,302, the typical annual property tax bill is $631, well below the national median of $2,690. Property taxes in North Augusta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding North Augusta'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 North Augusta 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
North Augusta, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.44%
Estimate Property Tax Bill
$600
Ownwell’s NORTH AUGUSTA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in NORTH AUGUSTA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in NORTH AUGUSTA 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 North Augusta, South Carolina
Property taxes in North Augusta, South Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Augusta is 0.44%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within North Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Augusta 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 North Augusta's effective property tax rate to other areas in Aiken County and the national median. For comparison, the 29809 zip code has the highest median property tax rate of 2.00%, while the 29841 zip code has the lowest median tax rate of 0.45%. Understanding how these areas compare with North Augusta provides valuable insights into the varying tax landscape across Aiken County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Augusta Tax Rate
0.44%
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 North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29809 | 0.82% | 1.26% | 2.00% | 2.74% | 3.19% |
| 29829 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
| 29841 | 0.27% | 0.36% | 0.45% | 1.39% | 1.47% |
| 29860 | 0.31% | 0.39% | 0.39% | 1.03% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across North Augusta, South Carolina
In North Augusta, South Carolina, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Assessor 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 North Augusta, 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 North Augusta is $1,113 in the 29829 zip code, while the lowest is $233 in the 29809 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 North Augusta, South Carolina
Source: Ownwell
$3,504
$96,907
$190,310
Average North Augusta Assessed Value
$136,302
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 North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29809 | $9,700 | $19,000 | $34,500 | $50,000 | $59,300 |
| 29829 | $80,000 | $80,000 | $80,000 | $80,000 | $80,000 |
| 29841 | $9,000 | $57,729 | $124,537 | $180,003 | $266,264 |
| 29860 | $18,294 | $116,866 | $190,310 | $262,152 | $319,484 |
Source: Ownwell
Property Tax Bills Across North Augusta, South Carolina
In North Augusta, located in Aiken County, SC, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $136,302. Homeowners can expect their property tax bill to vary significantly, with the 25th percentile tax bill at $322, while the 75th percentile tax bill is $1,110. For those at the higher end, the 90th percentile tax bill reaches $1,922. The assessed value is determined by the county assessor, who evaluates factors such as the market value of the property, improvements made, and comparable property values in the area. This assessed value is then multiplied by the local tax rate to determine the final tax bill. Homeowners in North Augusta benefit from relatively lower property tax rates compared to the national median property tax rate of 0.99%. However, the tax burden can still be substantial depending on the specific location within the city, as shown by the highest median tax bill of $1,113 in zip code 29829.
Average North Augusta Tax Bill
$631
Average Aiken County Tax Bill
$442
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across North Augusta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29809 | $144 | $177 | $233 | $289 | $322 |
| 29829 | $1,113 | $1,113 | $1,113 | $1,113 | $1,113 |
| 29841 | $94 | $283 | $583 | $1,071 | $1,878 |
| 29860 | $181 | $513 | $788 | $1,171 | $2,213 |
Source: Ownwell