La France, South Carolina Property Taxes
The median property tax rate in La France, SC is 0.40%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $48,970 in La France, the typical annual property tax bill is $238, which is well below the national median of $2,690. Property taxes in La France are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding La France's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of La France or another part of Anderson County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
La France, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$196
Ownwell’s LA FRANCE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA FRANCE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA FRANCE 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 La France, South Carolina
Property taxes in La France, South Carolina, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in La France is 0.40%, which is lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within La France set these rates annually, and they can vary significantly across different neighborhoods. Each year, La France 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 La France's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29656 zip code has both the highest and lowest median property tax rate of 0.40%. Understanding how these areas compare with La France provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La France Tax Rate
0.40%
Average Anderson County Tax Rate
0.55%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across La France, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29656 | 0.17% | 0.26% | 0.40% | 0.55% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across La France, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in La France, South Carolina. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Anderson 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 La France, 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. The median home price in La France is $48,970, with tax bills ranging from $139 at the 25th percentile to $396 at the 90th percentile. The zip code 29656 has both the highest and lowest median tax bill at $238. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across La France, South Carolina
Source: Ownwell
$39,580
$147,245
$254,910
Average La France Assessed Value
$48,970
Average Anderson County Assessed Value
$138,430
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La France, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29656 | $38,026 | $42,130 | $48,970 | $55,810 | $59,914 |
Source: Ownwell
Property Tax Bills Across La France, South Carolina
In La France, located in Anderson County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in La France is $48,970. Homeowners in this area can expect a property tax bill ranging from $139 at the 25th percentile to $396 at the 90th percentile. The highest median tax bill in the region is $238, found in the zip code 29656, which is also the lowest median tax bill, indicating a consistent tax rate across the area. Several factors influence the property tax bill, including the home's assessed value and the local tax rate. These taxes fund essential public services like schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, La France offers a relatively affordable property tax environment. This affordability can significantly impact homeowners by reducing their annual expenses, making homeownership more accessible and financially manageable in this South Carolina community.
Average La France Tax Bill
$238
Average Anderson County Tax Bill
$929
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across La France, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29656 | $80 | $139 | $238 | $337 | $396 |
Source: Ownwell