Hartsville, South Carolina Property Taxes
The median property tax rate in Hartsville, SC is 1.00%, slightly higher than the national median of 0.99% and significantly above the South Carolina state median of 0.72%. With a median home value of $64,200 in Hartsville, the typical annual property tax bill amounts to $608, which is considerably lower than the national median of $2,690. Property taxes in Hartsville are determined based on the tax assessed value, which is usually lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Hartsville's property tax system, exploring available exemptions, and identifying potential reductions can result in meaningful annual savings. Whether you're residing in the heart of Hartsville or another part of Darlington County, familiarizing yourself with the local property tax system can be highly beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Hartsville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$642
Ownwell’s Hartsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hartsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hartsville 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 Hartsville, South Carolina
Property taxes in Hartsville, South Carolina, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hartsville is 1.00%, higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Hartsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hartsville 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 Hartsville's effective property tax rate to other areas in South Carolina and the national median. For comparison, the 29550 zip code has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Hartsville provides valuable insights into the varying tax landscape across Darlington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hartsville Tax Rate
1.00%
Average Darlington County Tax Rate
1.00%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Hartsville, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hartsville, South Carolina. 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 assessment office 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 Hartsville, 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. Hartsville's median home price is $64,200, with tax bills ranging from $233 at the 25th percentile to $2,150 at the 90th percentile. The highest and lowest median tax bills are both $608 in the 29550 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Hartsville, South Carolina
Source: Ownwell
$34,400
$150,300
$266,200
Average Hartsville Assessed Value
$64,200
Average Darlington County Assessed Value
$53,600
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | $6,800 | $23,925 | $64,200 | $140,200 | $229,000 |
Source: Ownwell
Property Tax Bills Across Hartsville, South Carolina
In Hartsville, located in Darlington County, SC, property tax bills are calculated based on the assessed value of a home. The assessment process determines the taxable value by appraising the property's market value and then applying an assessment ratio. For homeowners, this ratio is typically 4%. The resulting assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Hartsville experience varying tax bills depending on their property's value. The median home price in the area is $64,200. Tax bills range significantly, with the 25th percentile at $233 and the 75th percentile at $1,303. For those in the 90th percentile, taxes can reach up to $2,150. Notably, the highest and lowest median tax bills in Hartsville are both $608, corresponding to the zip code 29550. These figures highlight the variability in tax burdens, which can impact homeowners' budgets and financial planning. Compared to the national median property tax rate of 0.99%, Hartsville's rates reflect the local economic conditions and property values.
Average Hartsville Tax Bill
$608
Average Darlington County Tax Bill
$513
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | $68 | $233 | $608 | $1,303 | $2,150 |
Source: Ownwell