Horry County, South Carolina Property Taxes
The median property tax rate in Horry County is 0.81%, which is lower than the national median of 0.99% but higher than South Carolina's state median of 0.72%. With a median home value of $160,000 in Horry County, the typical annual property tax bill comes to $1,084, considerably below the national median of $2,690. Property taxes in Horry County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Horry County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you reside in Myrtle Beach or another part of Horry County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Horry County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,296
$1,203
Ownwell’s Horry County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Horry County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Horry County 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 Horry County, South Carolina
Property taxes in Horry County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Horry County is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Horry County set these rates annually, and they can vary significantly between different areas within the county. Each year, Horry County 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 Atlantic Beach has one of the higher property tax rates in South Carolina at 1.59%, while the city of Galivants Ferry boasts one of the lowest at 0.43%. Analyzing how Horry County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Horry County Tax Rate
0.81%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Horry County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlantic Beach | 0.62% | 0.90% | 1.59% | 1.82% | 2.00% |
| Aynor | 0.16% | 0.33% | 0.44% | 1.06% | 1.42% |
| Cary | N/A | N/A | N/A | N/A | N/A |
| Conway | 0.28% | 0.37% | 0.52% | 1.25% | 1.63% |
| Dillon | N/A | N/A | N/A | N/A | N/A |
| Galivants Ferry | 0.13% | 0.32% | 0.43% | 0.94% | 1.36% |
| Garden City | N/A | N/A | N/A | N/A | N/A |
| Garden City Beach | N/A | N/A | N/A | N/A | N/A |
| Green Sea | 0.13% | 0.26% | 0.46% | 1.15% | 1.55% |
| Hemingway | N/A | N/A | N/A | N/A | N/A |
| Kingstree | N/A | N/A | N/A | N/A | N/A |
| Little River | 0.32% | 0.36% | 0.48% | 1.35% | 1.93% |
| Longs | 0.31% | 0.35% | 0.45% | 1.30% | 1.70% |
| Loris | 0.19% | 0.34% | 0.50% | 1.27% | 1.69% |
| Murrells Inlet | 0.30% | 0.35% | 0.45% | 1.30% | 1.59% |
| Myrtle Beach | 0.33% | 0.39% | 1.03% | 1.51% | 2.05% |
| Nichols | N/A | N/A | N/A | N/A | N/A |
| North Myrtle Beach | 0.37% | 0.69% | 1.38% | 1.38% | 2.09% |
| Surfside Beach | 0.34% | 0.44% | 1.19% | 1.39% | 1.93% |
| Williamston | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Horry County, South Carolina
In Horry 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 Horry 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 Horry 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. For instance, the median tax bill in Horry County ranges significantly, with Garden City having the highest median tax bill at $5,331 and Kingstree the lowest at $131. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Horry 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 Horry County, South Carolina
Source: Ownwell
$77,000
$163,560
$250,120
Average Horry County Assessed Value
$160,000
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Horry County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlantic Beach | $77,628 | $106,490 | $130,000 | $173,960 | $247,106 |
| Aynor | $18,800 | $50,050 | $116,920 | $213,790 | $292,052 |
| Cary | N/A | N/A | N/A | N/A | N/A |
| Conway | $26,397 | $66,800 | $141,815 | $195,542 | $263,276 |
| Dillon | N/A | N/A | N/A | N/A | N/A |
| Galivants Ferry | $18,342 | $54,090 | $134,110 | $215,345 | $309,732 |
| Garden City | N/A | N/A | N/A | N/A | N/A |
| Garden City Beach | N/A | N/A | N/A | N/A | N/A |
| Green Sea | $11,206 | $35,270 | $77,000 | $157,050 | $260,776 |
| Hemingway | N/A | N/A | N/A | N/A | N/A |
| Kingstree | N/A | N/A | N/A | N/A | N/A |
| Little River | $57,326 | $90,000 | $156,525 | $215,335 | $282,049 |
| Longs | $28,340 | $77,470 | $150,310 | $197,820 | $255,750 |
| Loris | $14,865 | $39,200 | $88,685 | $163,780 | $244,540 |
| Murrells Inlet | $58,480 | $136,050 | $204,240 | $289,730 | $365,000 |
| Myrtle Beach | $62,340 | $104,480 | $169,740 | $255,250 | $373,640 |
| Nichols | N/A | N/A | N/A | N/A | N/A |
| North Myrtle Beach | $104,500 | $140,000 | $225,000 | $318,000 | $433,045 |
| Surfside Beach | $75,000 | $179,210 | $250,120 | $349,070 | $495,560 |
| Williamston | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Horry County, South Carolina
In Horry County, SC, property tax bills are calculated based on the assessed value of the property, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as property location, type, and any applicable exemptions influence the final amount. For instance, homeowners in Horry County experience a range of tax bills. At the 25th percentile, property tax bills are around $590, while those at the 75th percentile can expect to pay approximately $2,131. The 90th percentile sees tax bills reaching up to $3,770. Comparatively, the national median property tax rate is 0.99%, making Horry County's rates relatively moderate. However, the impact on homeowners varies significantly. In Garden City, the highest median tax bill hits $5,331, whereas in Kingstree, the lowest median tax bill is just $131. Understanding these factors helps homeowners anticipate their property tax obligations and plan accordingly.
Average Horry County Tax Bill
$1,084
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Horry County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlantic Beach | $718 | $1,348 | $2,212 | $2,714 | $3,701 |
| Aynor | $83 | $246 | $591 | $1,031 | $1,643 |
| Cary | N/A | N/A | N/A | N/A | N/A |
| Conway | $138 | $420 | $765 | $1,229 | $2,266 |
| Dillon | N/A | N/A | N/A | N/A | N/A |
| Galivants Ferry | $85 | $241 | $587 | $1,023 | $1,564 |
| Garden City | N/A | N/A | N/A | N/A | N/A |
| Garden City Beach | N/A | N/A | N/A | N/A | N/A |
| Green Sea | $82 | $186 | $371 | $703 | $1,146 |
| Hemingway | N/A | N/A | N/A | N/A | N/A |
| Kingstree | N/A | N/A | N/A | N/A | N/A |
| Little River | $345 | $629 | $957 | $1,611 | $2,738 |
| Longs | $185 | $471 | $752 | $1,188 | $2,334 |
| Loris | $73 | $229 | $537 | $945 | $1,638 |
| Murrells Inlet | $263 | $686 | $1,147 | $2,142 | $3,781 |
| Myrtle Beach | $458 | $764 | $1,301 | $2,322 | $3,916 |
| Nichols | N/A | N/A | N/A | N/A | N/A |
| North Myrtle Beach | $773 | $1,424 | $2,408 | $3,866 | $5,915 |
| Surfside Beach | $687 | $1,020 | $2,137 | $3,946 | $6,230 |
| Williamston | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell