Allendale County Property Taxes
The median property tax rate in Allendale County is 1.10%, which is significantly higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Allendale County, the typical annual property tax bill reaches $221, which is considerably lower than the national median of $2,690. Property taxes in Allendale County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Allendale County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Allendale or another part of Allendale County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Allendale County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$216
$200
Ownwell’s Allendale County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Allendale County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Allendale County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Allendale County, South Carolina
Property taxes in Allendale play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Allendale is 1.10%, which is higher than the U.S. national median of 0.99%. Local government entities within Allendale set these rates annually, and they can vary significantly between different areas within the county. Each year, Allendale estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Allendale's effective property tax rate with other areas and the national median. For comparison, the city of Martin has one of the higher property tax rates at 2.74%, while the city of Barnwell boasts one of the lowest at 0.84%. Analyzing how Allendale's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Allendale County Tax Rate
1.10%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Allendale County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allendale | 0.48% | 0.81% | 1.71% | 2.88% | 2.93% |
| Barnwell | 0.38% | 0.70% | 0.84% | 0.92% | 1.04% |
| Fairfax | 0.44% | 0.81% | 0.89% | 2.87% | 2.91% |
| Luray | 0.82% | 0.82% | 0.84% | 3.38% | 4.96% |
| Martin | 0.73% | 0.82% | 2.74% | 2.90% | 4.18% |
| Sycamore | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| Ulmer | 0.79% | 0.82% | 1.19% | 2.88% | 3.12% |
Source: Ownwell
Property Tax Assessment Values Across Allendale County, South Carolina
In Allendale County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Allendale County Appraisal District. The assessed value, however, 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 Allendale County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Allendale County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Sycamore has the highest median tax bill at $558, while Martin has the lowest at $173.
Property Tax Assessment Values Across Allendale County, South Carolina
Source: Ownwell
$10,700
$32,275
$53,850
Average Allendale County Assessed Value
$19,600
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Allendale County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allendale | $2,900 | $5,875 | $19,850 | $36,600 | $57,600 |
| Barnwell | $3,740 | $18,500 | $53,850 | $94,125 | $139,020 |
| Fairfax | $3,000 | $5,800 | $20,700 | $39,700 | $61,500 |
| Luray | $3,300 | $13,400 | $25,400 | $51,400 | $105,220 |
| Martin | $1,800 | $3,500 | $10,700 | $27,100 | $49,280 |
| Sycamore | $48,230 | $48,425 | $48,750 | $49,075 | $49,270 |
| Ulmer | $2,080 | $6,500 | $18,300 | $37,200 | $71,320 |
Source: Ownwell
Property Tax Bills Across Allendale County, South Carolina
In Allendale County, SC, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Allendale County experience a range of property tax bills, with the 25th percentile paying around $86 and the 75th percentile paying approximately $522. At the higher end, the 90th percentile sees tax bills around $937. The highest median tax bill in the county is found in Sycamore at $558, while Martin has the lowest median tax bill at $173. These tax bills can significantly impact homeowners, influencing their overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Allendale County's tax rates can vary widely, affecting how much residents pay annually in property taxes.
Average Allendale County Tax Bill
$221
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690