Pineville, South Carolina Property Taxes
The median property tax rate in Pineville, SC is 0.68%, lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Pineville at $96,200, the typical annual property tax bill is around $760, well below the national median of $2,690. Property taxes in Pineville are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pineville'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 Pineville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pineville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$654
$607
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Pineville, South Carolina
Property taxes in Pineville, South Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29468 has both the highest and lowest median property tax rate of 0.68%. Understanding how these areas compare with Pineville provides valuable insights into the varying tax landscape across Berkeley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineville Tax Rate
0.68%
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 Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29468 | 0.38% | 0.47% | 0.68% | 1.74% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, South Carolina
In Pineville, 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 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 Pineville, 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 Pineville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $760, while the lowest is also $760, both found in the zip code 29468.
Property Tax Assessment Values Across Pineville, South Carolina
Source: Ownwell
$96,200
$2,413,900
$4,731,600
Average Pineville Assessed Value
$96,200
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 Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29468 | $27,790 | $59,050 | $96,200 | $148,725 | $210,000 |
Source: Ownwell
Property Tax Bills Across Pineville, South Carolina
In Pineville, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. In Pineville, the median home price stands at $96,200, and the property tax rate is influenced by various factors, including local government budgets and community needs. Homeowners in Pineville can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $509, while it can rise to $1,283 at the 75th percentile. At the 90th percentile, tax bills can reach as high as $2,090. These variations reflect differences in property values and any applicable exemptions or deductions. Comparatively, the median tax bill in Pineville is $760, which is lower than the national median property tax rate of 0.99%. This relatively lower tax burden can be beneficial for homeowners, making Pineville an attractive place for property ownership.
Average Pineville Tax Bill
$760
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 Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29468 | $363 | $509 | $760 | $1,283 | $2,090 |
Source: Ownwell