Marietta, South Carolina Property Taxes
The median property tax rate in Marietta, SC is 0.71%, slightly below both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $74,740 in Marietta, the typical annual property tax bill is approximately $643, significantly lower than the national median of $2,690. Property taxes in Marietta are calculated based on the assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Marietta'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 Marietta or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marietta, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$531
$492
Ownwell’s Marietta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marietta 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 Marietta, South Carolina
Property taxes in Marietta, 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 Marietta is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Marietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marietta 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 Marietta's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29661 zip code has both the highest and lowest median property tax rate of 0.71%. Understanding how these areas compare with Marietta provides valuable insights into the varying tax landscape across Greenville County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marietta Tax Rate
0.71%
Average Greenville County Tax Rate
0.80%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marietta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29661 | 0.25% | 0.62% | 0.71% | 1.95% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Marietta, South Carolina
In Marietta, 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 county's 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 Marietta, 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 Marietta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Marietta, the median home price is $74,740, with tax bills ranging from $244 at the 25th percentile to $2,744 at the 90th percentile, highlighting the importance of understanding your specific situation.
Property Tax Assessment Values Across Marietta, South Carolina
Source: Ownwell
$55,400
$147,390
$239,380
Average Marietta Assessed Value
$74,740
Average Greenville County Assessed Value
$178,730
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marietta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29661 | $11,000 | $27,232 | $74,740 | $153,150 | $305,345 |
Source: Ownwell
Property Tax Bills Across Marietta, South Carolina
In Marietta, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the market value of the property. For homeowners in Marietta, the median home price is $74,740. Property tax rates are applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the local tax rate and any applicable exemptions or deductions. For instance, the 25th percentile tax bill is $244, while the 75th percentile tax bill is $1,357, and the 90th percentile tax bill reaches up to $2,744. These figures illustrate the range of property tax burdens that homeowners might face, depending on their property's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, Marietta's property tax rates reflect the unique economic and property value conditions of the region. Homeowners should be aware of these factors as they significantly impact their annual financial obligations.
Average Marietta Tax Bill
$643
Average Greenville County Tax Bill
$1,574
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Marietta, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29661 | $95 | $244 | $643 | $1,357 | $2,744 |
Source: Ownwell