Moncks Corner, Berkeley County, South Carolina Property Taxes
Median Moncks Corner, SC effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Moncks Corner, SC home value: $225,900
Median annual Moncks Corner, SC tax bill: $1,281, $1,119 lower than the national median property tax bill of $2,400.
How are property taxes in Berkeley County calculated?
Property taxes in Moncks Corner, SC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Moncks Corner’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Moncks Corner, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Moncks Corner, Berkeley County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$1,220
$1,132
Property Tax Rates Across Moncks Corner, Berkeley County, South Carolina
Local government entities establish tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This process results in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the core of the annual procedure.
In Moncks Corner, located in Berkeley County, the effective property tax rate reflects the county's financial needs and property values. Compared to other cities in South Carolina, Moncks Corner's rate offers a unique perspective on property taxation within the state. While the national median property tax rate stands at 1.02%, Moncks Corner's rate presents an interesting contrast. This comparison highlights the diversity in property tax rates across the country and underscores the importance of understanding local tax dynamics. By examining Moncks Corner's effective property tax rate alongside the median rates in South Carolina and the U.S., property owners can gain valuable insights into their tax obligations and potential savings.
Property Tax Rates Across Moncks Corner, Berkeley County, South Carolina
Source: Ownwell
0.42%
0.55%
0.68%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Moncks Corner Tax Rate
0.54%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Berkeley County Tax Rate
0.55%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Moncks Corner, Berkeley County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29461 | 0.37% | 0.43% | 0.54% | 1.13% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Moncks Corner, Berkeley County, South Carolina
When examining property taxes in Moncks Corner, SC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Berkeley County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Berkeley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Moncks Corner.
For example, the median home price in Moncks Corner is $225,900, with tax bills ranging significantly across the county. ZIP code 29461 has the highest median home price at $225,900.
Property Tax Assessment Values Across Moncks Corner, Berkeley County, South Carolina
Source: Ownwell
$96,200
$410,950
$725,700
Median Moncks Corner Market Value
$225,900
Median Berkeley County Market Value
$231,300
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Moncks Corner, Berkeley County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29461 | $103,300 | $160,400 | $225,900 | $290,500 | $363,000 |
Source: Ownwell
Property Tax Bills Across Moncks Corner, Berkeley County, South Carolina
Property Tax Bills Across Moncks Corner, Berkeley County, South Carolina
Source: Ownwell
$713
$2,892
$5,070
Median Moncks Corner Tax Bill
$1,281
Median Berkeley County Tax Bill
$1,364
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Moncks Corner, Berkeley County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29461 | $570 | $884 | $1,281 | $1,971 | $3,731 |
Source: Ownwell