Berkeley County Property Taxes
The median property tax rate in Berkeley County is 0.55%, which is significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Berkeley County at $231,300, the typical annual property tax bill is approximately $1,364, well below the national median of $2,690. Property taxes in Berkeley County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Berkeley 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 Charleston or another part of Berkeley County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Berkeley County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,272
$1,181
Ownwell’s Berkeley County Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Berkeley County with just two data points. By entering your property's estimated assessed value, our calculator uses the median tax rate in Berkeley County to estimate your property tax bill. This tool offers valuable insights into your potential tax liabilities. If you’re interested in more localized trends, you can scroll down to access city-specific information. Your property's assessed value is determined by the county and includes any exemptions you may qualify for, making it a crucial figure for accurate tax calculations.
Property Tax Rates Across Berkeley County, South Carolina
Property taxes in Berkeley County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Berkeley County is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Berkeley County set these rates annually, and they can vary significantly between different areas within the county. Each year, Berkeley County 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 Berkeley County's effective property tax rate with other counties in South Carolina and the national median. For comparison, the city of North Charleston has one of the higher property tax rates in South Carolina at 1.84%, while the city of Pinopolis boasts one of the lowest at 0.42%. Analyzing how Berkeley County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Berkeley County Tax Rate
0.55%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Berkeley County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bonneau | 0.34% | 0.40% | 0.47% | 1.18% | 1.66% |
Charleston | 0.36% | 0.40% | 0.55% | 0.66% | 1.58% |
Cordesville | 0.18% | 0.39% | 0.52% | 1.51% | 1.82% |
Cross | 0.35% | 0.42% | 0.58% | 1.63% | 1.85% |
Daniel Island | 0.51% | 0.58% | 0.64% | 0.65% | 1.94% |
Goose Creek | 0.41% | 0.49% | 0.57% | 1.03% | 1.78% |
Hanahan | 0.39% | 0.49% | 0.55% | 0.61% | 1.83% |
Holly Hill | 0.32% | 0.41% | 0.58% | 1.55% | 1.83% |
Huger | 0.36% | 0.40% | 0.47% | 1.52% | 1.66% |
Jamestown | 0.32% | 0.41% | 0.54% | 1.57% | 1.78% |
Ladson | 0.34% | 0.40% | 0.46% | 1.17% | 1.57% |
Moncks Corner | 0.37% | 0.43% | 0.54% | 1.13% | 1.72% |
North Charleston | 1.83% | 1.83% | 1.84% | 1.84% | 1.84% |
Pineville | 0.38% | 0.47% | 0.68% | 1.74% | 2.26% |
Pinopolis | 0.34% | 0.37% | 0.42% | 0.47% | 1.53% |
Ridgeville | 0.24% | 0.36% | 0.45% | 0.76% | 1.61% |
Saint Stephen | 0.37% | 0.44% | 0.60% | 1.67% | 1.98% |
Summerville | 0.37% | 0.42% | 0.48% | 0.68% | 1.58% |
Wando | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Berkeley County, South Carolina
In Berkeley 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 Berkeley 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 Berkeley 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. For instance, in Wando, the highest median tax bill reaches $33,293, while in Jamestown, it is as low as $713. Being aware of these valuation processes in Berkeley County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Berkeley County, South Carolina
Source: Ownwell
$96,200
$2,413,900
$4,731,600
Average Berkeley County Assessed Value
$231,300
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Berkeley County, South Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bonneau | $71,920 | $105,300 | $161,800 | $250,300 | $396,380 |
Charleston | $187,000 | $260,700 | $386,900 | $569,800 | $894,300 |
Cordesville | $48,900 | $69,700 | $121,300 | $207,300 | $407,700 |
Cross | $47,200 | $73,900 | $108,350 | $172,075 | $261,390 |
Daniel Island | $259,400 | $459,700 | $725,700 | $1,195,250 | $1,794,700 |
Goose Creek | $122,600 | $152,150 | $192,000 | $249,000 | $307,900 |
Hanahan | $125,800 | $186,000 | $250,800 | $320,400 | $412,000 |
Holly Hill | $51,880 | $97,700 | $146,100 | $240,900 | $316,800 |
Huger | $83,500 | $129,250 | $254,200 | $471,800 | $585,020 |
Jamestown | $48,450 | $80,350 | $122,000 | $192,675 | $332,200 |
Ladson | $127,140 | $163,700 | $186,800 | $227,400 | $270,840 |
Moncks Corner | $103,300 | $160,400 | $225,900 | $290,500 | $363,000 |
North Charleston | $92,430 | $120,075 | $166,150 | $212,225 | $239,870 |
Pineville | $27,790 | $59,050 | $96,200 | $148,725 | $210,000 |
Pinopolis | $127,510 | $204,550 | $281,800 | $420,425 | $600,460 |
Ridgeville | $80,300 | $118,925 | $188,500 | $296,600 | $429,660 |
Saint Stephen | $41,600 | $71,325 | $107,750 | $168,100 | $234,880 |
Summerville | $153,270 | $204,700 | $293,350 | $384,800 | $468,000 |
Wando | $4,731,600 | $4,731,600 | $4,731,600 | $4,731,600 | $4,731,600 |
Source: Ownwell
Property Tax Bills Across Berkeley County, South Carolina
In Berkeley County, SC, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor’s office. The assessed value is a percentage of the property's market value. Homeowners in Berkeley County face a median property tax rate that is competitive compared to the national median of 0.99%. The tax bill is influenced by various factors, including the property's market value, local tax rates, and any applicable exemptions. For instance, the median home price in Berkeley County is $231,300. Homeowners in the 25th percentile can expect to pay around $905 in property taxes, while those in the 75th percentile might pay approximately $2,335. At the higher end, the 90th percentile sees tax bills around $4,628. Notably, the highest median tax bill in the county is in Wando at $33,293, whereas Jamestown has the lowest at $713. These variations significantly impact homeowners, affecting their annual financial planning and long-term investment in their properties.
Average Berkeley County Tax Bill
$1,364
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Berkeley County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bonneau | $424 | $597 | $897 | $1,552 | $2,775 |
Charleston | $1,064 | $1,464 | $2,107 | $3,828 | $6,873 |
Cordesville | $314 | $499 | $730 | $1,194 | $2,268 |
Cross | $337 | $486 | $769 | $1,320 | $2,208 |
Daniel Island | $2,184 | $3,240 | $5,070 | $8,385 | $13,790 |
Goose Creek | $600 | $879 | $1,214 | $1,791 | $3,328 |
Hanahan | $711 | $1,053 | $1,495 | $2,257 | $3,946 |
Holly Hill | $543 | $722 | $1,160 | $1,666 | $2,299 |
Huger | $560 | $851 | $1,506 | $2,364 | $4,799 |
Jamestown | $386 | $511 | $713 | $1,217 | $2,173 |
Ladson | $522 | $696 | $960 | $1,703 | $2,992 |
Moncks Corner | $570 | $884 | $1,281 | $1,971 | $3,731 |
North Charleston | $1,696 | $2,205 | $3,054 | $3,903 | $4,412 |
Pineville | $363 | $509 | $760 | $1,283 | $2,090 |
Pinopolis | $589 | $912 | $1,322 | $2,030 | $3,063 |
Ridgeville | $429 | $602 | $935 | $1,479 | $2,438 |
Saint Stephen | $336 | $494 | $740 | $1,228 | $2,096 |
Summerville | $720 | $1,048 | $1,519 | $2,466 | $5,140 |
Wando | $33,293 | $33,293 | $33,293 | $33,293 | $33,293 |
Source: Ownwell