Charleston County Property Taxes
The median property tax rate in Charleston County is 0.53%, 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 Charleston County at $305,700, the typical annual property tax bill reaches $1,751, well below the national median of $2,690. Property taxes in Charleston 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 Charleston 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 Charleston County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Charleston County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Charleston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Charleston with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Charleston to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Charleston County, South Carolina
Property taxes in Charleston play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Charleston is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Charleston set these rates annually, and they can vary significantly between different areas within the county. Each year, Charleston 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. For comparison, the city of Yonges Island has one of the higher property tax rates in South Carolina at 3.32%, while the city of Sullivans Island boasts one of the lowest at 0.45%. Analyzing how Charleston's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Charleston County Tax Rate
0.53%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Charleston County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adams Run | 0.39% | 0.55% | 0.94% | 1.86% | 2.34% |
Aspen | 0.36% | 0.36% | 0.36% | 0.36% | 0.36% |
Awendaw | 0.33% | 0.38% | 0.47% | 1.39% | 1.81% |
Charleston | 0.36% | 0.44% | 0.52% | 1.27% | 1.71% |
Charleston Afb | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Dewees Island | 0.21% | 0.23% | 1.19% | 1.20% | 1.22% |
Edisto Island | 0.45% | 0.48% | 0.71% | 1.66% | 1.99% |
Folly Beach | 0.35% | 0.38% | 1.37% | 1.45% | 1.47% |
Hanahan | 0.26% | 0.47% | 1.07% | 1.94% | 3.19% |
Hollywood | 0.39% | 0.46% | 0.59% | 1.64% | 2.23% |
Huger | 0.42% | 0.50% | 1.11% | 1.81% | 2.31% |
Isle Of Palms | 0.27% | 0.30% | 1.16% | 1.34% | 1.37% |
Jamestown | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
Johns Island | 0.34% | 0.40% | 0.65% | 1.42% | 1.70% |
Kiawah Island | N/A | N/A | N/A | N/A | N/A |
Ladson | 0.31% | 0.41% | 0.62% | 1.48% | 2.51% |
Lincolnville | 0.38% | 0.74% | 1.68% | 2.00% | 7.50% |
Mcclellanville | 1.58% | 2.70% | 3.19% | 3.46% | 3.57% |
Mc Clellanville | 0.36% | 0.42% | 0.80% | 1.62% | 2.12% |
Meggett | N/A | N/A | N/A | N/A | N/A |
Mount Pleasant | 0.30% | 0.35% | 0.38% | 0.58% | 1.47% |
Mt Pleasant | N/A | N/A | N/A | N/A | N/A |
North Charleston | 0.38% | 0.53% | 0.99% | 1.79% | 2.70% |
Ravenel | 0.39% | 0.46% | 0.68% | 1.83% | 2.71% |
Seabrook Island | 0.81% | 1.08% | 1.18% | 1.39% | 1.41% |
Sullivans Island | 0.35% | 0.41% | 0.45% | 1.39% | 1.57% |
Summerville | 0.35% | 0.45% | 0.55% | 1.37% | 1.95% |
Wadmalaw Island | 0.33% | 0.38% | 0.55% | 1.45% | 1.84% |
Yonges Island | 3.06% | 3.16% | 3.32% | 3.47% | 3.57% |
Source: Ownwell
Property Tax Assessment Values Across Charleston County, South Carolina
In Charleston 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 Charleston 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 Charleston 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. Charleston County has a wide range of tax bills, with the highest median tax bill in Charleston AFB at $30,160 and the lowest in Yonges Island at $122. Being aware of these valuation processes in Charleston 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 Charleston County, South Carolina
Source: Ownwell
$2,700
$2,101,350
$4,200,000
Average Charleston County Assessed Value
$305,700
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Charleston County, South Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adams Run | $7,100 | $25,000 | $80,000 | $150,000 | $268,740 |
Aspen | $525,000 | $525,000 | $525,000 | $525,000 | $525,000 |
Awendaw | $9,600 | $101,075 | $248,500 | $547,500 | $920,889 |
Charleston | $129,720 | $215,594 | $300,400 | $425,000 | $667,900 |
Charleston Afb | $2,150,000 | $2,150,000 | $2,150,000 | $2,150,000 | $2,150,000 |
Dewees Island | $428,800 | $560,000 | $805,000 | $1,210,000 | $1,508,400 |
Edisto Island | $10,690 | $90,000 | $252,000 | $510,375 | $791,870 |
Folly Beach | $350,000 | $463,950 | $620,000 | $863,050 | $1,147,580 |
Hanahan | $68,070 | $85,600 | $100,000 | $132,725 | $150,320 |
Hollywood | $8,700 | $50,300 | $150,010 | $386,000 | $613,217 |
Huger | $6,320 | $12,600 | $55,000 | $162,000 | $340,500 |
Isle Of Palms | $410,000 | $604,300 | $818,800 | $1,225,000 | $1,988,400 |
Jamestown | $6,600 | $6,600 | $6,600 | $6,600 | $6,600 |
Johns Island | $88,980 | $214,000 | $356,080 | $700,000 | $1,401,680 |
Kiawah Island | N/A | N/A | N/A | N/A | N/A |
Ladson | $8,500 | $107,600 | $150,000 | $220,000 | $250,100 |
Lincolnville | $15,800 | $20,000 | $25,350 | $171,550 | $305,100 |
Mcclellanville | $3,220 | $3,400 | $5,200 | $14,200 | $30,880 |
Mc Clellanville | $8,850 | $33,000 | $105,000 | $300,180 | $523,000 |
Meggett | N/A | N/A | N/A | N/A | N/A |
Mount Pleasant | $214,000 | $321,450 | $440,000 | $624,600 | $903,000 |
Mt Pleasant | N/A | N/A | N/A | N/A | N/A |
North Charleston | $9,600 | $70,477 | $130,000 | $198,000 | $263,000 |
Ravenel | $5,900 | $16,875 | $126,100 | $381,481 | $545,000 |
Seabrook Island | $2,660 | $162,000 | $280,100 | $1,242,400 | $2,163,980 |
Sullivans Island | $925,000 | $1,191,250 | $1,756,450 | $2,748,750 | $3,601,500 |
Summerville | $19,740 | $134,025 | $198,000 | $237,000 | $277,000 |
Wadmalaw Island | $11,630 | $64,075 | $177,438 | $549,175 | $927,720 |
Yonges Island | $3,370 | $3,475 | $3,650 | $3,825 | $3,930 |
Source: Ownwell
Property Tax Bills Across Charleston County, South Carolina
In Charleston County, SC, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in the county is $305,700. Homeowners can expect their tax bills to vary widely depending on their property's assessed value and applicable tax rates. For instance, the 25th percentile tax bill is $1,061, while the 75th percentile tax bill reaches $3,326, and the 90th percentile tax bill is as high as $7,067. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the local tax rate. The highest median tax bill in the county is in Charleston AFB at $30,160, contrasting sharply with the lowest median tax bill of $122 in Yonges Island. These variations can significantly impact homeowners' financial planning, making it crucial to understand how local property taxes are assessed and calculated.
Average Charleston County Tax Bill
$1,751
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Charleston County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Adams Run | $141 | $278 | $651 | $1,309 | $2,203 |
Aspen | $1,874 | $1,874 | $1,874 | $1,874 | $1,874 |
Awendaw | $192 | $629 | $1,480 | $2,837 | $4,814 |
Charleston | $752 | $1,173 | $1,790 | $3,305 | $6,272 |
Charleston Afb | $30,160 | $30,160 | $30,160 | $30,160 | $30,160 |
Dewees Island | $1,386 | $2,093 | $6,453 | $10,583 | $15,669 |
Edisto Island | $222 | $748 | $1,831 | $3,716 | $8,474 |
Folly Beach | $1,735 | $2,921 | $6,576 | $10,940 | $15,867 |
Hanahan | $222 | $451 | $777 | $1,430 | $2,014 |
Hollywood | $158 | $391 | $1,192 | $2,256 | $3,793 |
Huger | $142 | $222 | $391 | $1,214 | $2,432 |
Isle Of Palms | $1,871 | $3,152 | $7,237 | $12,158 | $20,749 |
Jamestown | $191 | $191 | $191 | $191 | $191 |
Johns Island | $554 | $1,292 | $2,435 | $6,599 | $14,806 |
Kiawah Island | N/A | N/A | N/A | N/A | N/A |
Ladson | $215 | $392 | $962 | $1,351 | $2,366 |
Lincolnville | $271 | $337 | $491 | $1,726 | $4,345 |
Mcclellanville | $115 | $118 | $166 | $351 | $371 |
Mc Clellanville | $161 | $341 | $867 | $1,667 | $3,154 |
Meggett | N/A | N/A | N/A | N/A | N/A |
Mount Pleasant | $997 | $1,384 | $2,001 | $3,178 | $5,446 |
Mt Pleasant | N/A | N/A | N/A | N/A | N/A |
North Charleston | $222 | $556 | $998 | $1,629 | $2,825 |
Ravenel | $150 | $251 | $916 | $2,079 | $3,206 |
Seabrook Island | $37 | $2,181 | $3,191 | $12,599 | $16,774 |
Sullivans Island | $3,888 | $6,231 | $11,095 | $20,838 | $41,419 |
Summerville | $262 | $766 | $1,079 | $1,408 | $3,172 |
Wadmalaw Island | $195 | $457 | $1,131 | $2,638 | $6,584 |
Yonges Island | $104 | $111 | $122 | $134 | $141 |
Source: Ownwell
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