Allendale, South Carolina Property Taxes
The median property tax rate in Allendale, SC is 1.71%, 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 Allendale at $19,850, the typical annual property tax bill reaches $221, which is significantly lower than the national median of $2,690. Property taxes in Allendale 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 Allendale'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 Allendale or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Allendale, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$339
$315
Ownwell’s Allendale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Allendale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Allendale 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 Allendale, South Carolina
Property taxes in Allendale, South Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Allendale is 1.71%, significantly higher than the U.S. national median of 0.99%. Local government entities within Allendale set these rates annually, and they can vary across different neighborhoods. Each year, Allendale 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 Allendale's effective property tax rate to other areas and the national median. For comparison, the zip code 29810 has the highest median property tax rate of 1.71%, while the same zip code also has the lowest median tax rate of 1.71%. Understanding how these areas compare with Allendale provides valuable insights into the varying tax landscape across Allendale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Allendale Tax Rate
1.71%
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, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29810 | 0.48% | 0.81% | 1.71% | 2.88% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Allendale, South Carolina
In Allendale, 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 local 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 Allendale, 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 Allendale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills are both $221 in the 29810 zip code, indicating a relatively uniform tax landscape.
Average Allendale Assessed Value
$19,850
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, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29810 | $2,900 | $5,875 | $19,850 | $36,600 | $57,600 |
Source: Ownwell
Property Tax Bills Across Allendale, South Carolina
In Allendale, SC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, local tax rates, known as millage rates, are applied to calculate the tax bill. For homeowners in Allendale, the median home price is $19,850, which significantly influences the property tax bill. Several factors are considered when determining the tax bill, including property location, home size, and any applicable exemptions. The tax bill can vary widely, with the 25th percentile at $91 and the 75th percentile at $499. The 90th percentile reaches up to $886. The highest and lowest median tax bills in the area are both $221, reflecting a relatively narrow range for most homeowners. Compared to the national median property tax rate of 0.99%, Allendale's property taxes can be quite manageable, providing some relief to homeowners. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Allendale Tax Bill
$221
Average Allendale County Tax Bill
$221
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Allendale, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29810 | $34 | $91 | $221 | $499 | $886 |
Source: Ownwell