Windsor, South Carolina Property Taxes
The median property tax rate in Windsor, SC is 1.39%, 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 Windsor, the typical annual property tax bill reaches $142, which is significantly lower than the national median of $2,690. Property taxes in Windsor are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Windsor'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 Windsor 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
Windsor, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$196
$182
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, South Carolina
Property taxes in Windsor, South Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 1.39%, higher than the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29856 has both the highest and lowest median property tax rate in the area at 1.39%. Understanding how these cities compare with Windsor 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 Windsor Tax Rate
1.39%
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 Windsor, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29856 | 0.37% | 0.53% | 1.39% | 1.61% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, South Carolina
In Windsor, 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 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. Assessment notices in Windsor 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 Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Windsor are both $142.00, found in zip code 29856.
Average Windsor Assessed Value
$14,108
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 Windsor, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29856 | $3,897 | $6,435 | $14,108 | $34,720 | $121,224 |
Source: Ownwell
Property Tax Bills Across Windsor, South Carolina
In Windsor, located in Aiken County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Windsor typically see property tax bills that vary significantly depending on their property's value. For instance, the median home price in Windsor is $14,108. Property tax bills can range from $80 at the 25th percentile to $324 at the 75th percentile, with the 90th percentile reaching up to $804. These tax bills are influenced by several factors, including the home's assessed value and the local tax rate. The median property tax rate in the United States is 0.99%, but specific rates in Windsor may differ, impacting the overall tax burden on homeowners. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations and manage their finances accordingly. The highest median tax bill in Windsor's zip code 29856 is $142, reflecting the variability of property taxes within the area.
Average Windsor Tax Bill
$142
Average Aiken County Tax Bill
$442
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29856 | $45 | $80 | $142 | $324 | $804 |
Source: Ownwell