Warrenville, South Carolina Property Taxes
The median property tax rate in Warrenville, SC is 1.21%, considerably higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Warrenville, the typical annual property tax bill reaches $189, which is significantly lower than the national median of $2,690. Property taxes in Warrenville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Warrenville'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 Warrenville 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
Warrenville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$275
$256
Ownwell’s Warrenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Warrenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Warrenville 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 Warrenville, South Carolina
Property taxes in Warrenville, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Warrenville is 0.53%, 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 Warrenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warrenville 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 Warrenville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29935 zip code has the highest median property tax rate of 0.92%, while the 29564 zip code has the lowest median tax rate of 0.38%. Understanding how these cities compare with Warrenville 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 Warrenville Tax Rate
1.21%
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 Warrenville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29851 | 0.28% | 0.45% | 1.21% | 1.56% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Warrenville, South Carolina
In Warrenville, 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 Warrenville, 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 Warrenville 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 $189.00, found in the 29851 zip code.
Property Tax Assessment Values Across Warrenville, South Carolina
Source: Ownwell
$3,504
$96,907
$190,310
Average Warrenville Assessed Value
$22,758
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 Warrenville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29851 | $4,000 | $7,500 | $22,758 | $68,775 | $142,226 |
Source: Ownwell
Property Tax Bills Across Warrenville, South Carolina
In Warrenville, Aiken County, SC, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. In Warrenville, the property tax rate is relatively low compared to the national median of 0.99%. Several factors influence the tax bill, including the property's size, location, and market conditions. Homeowners in Warrenville can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $89, while the 75th percentile reaches $477, and the 90th percentile climbs to $806. The highest median tax bill in the area is $189, indicating a wide range of tax liabilities depending on property specifics. These property taxes fund essential local services, such as public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners in Warrenville.
Average Warrenville Tax Bill
$189
Average Aiken County Tax Bill
$442
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Warrenville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29851 | $53 | $89 | $189 | $477 | $806 |
Source: Ownwell