Green Sea, Horry County, South Carolina Property Taxes
Median Green Sea, SC effective property tax rate: 0.46%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Green Sea, SC home value: $77,000
Median annual Green Sea, SC tax bill: $371, $2,029 lower than the national median property tax bill of $2,400.
How are property taxes in Horry County calculated?
Property taxes in Green Sea, SC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Green Sea’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Green Sea, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Green Sea, Horry County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.46%
Estimate Property Tax Bill
$354
$329
Property Tax Rates Across Green Sea, Horry County, South Carolina
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variance occurs because each county annually estimates the budget required to provide public services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.
In Green Sea, located in Horry County, the effective property tax rate is a topic of interest. Compared to other cities in South Carolina, Green Sea's rate reflects local government decisions and budgetary needs. When compared to the national median property tax rate of 1.02%, Green Sea's rate offers a different perspective on property taxation in the U.S. South Carolina's median property tax rate also provides a benchmark for understanding how Green Sea's rate fits into the broader state context. This comparison highlights the diversity in tax rates within the state and across the nation, influencing homeowners' financial planning and property investment decisions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Green Sea Tax Rate
0.46%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Horry County Tax Rate
0.81%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Green Sea, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29545 | 0.13% | 0.26% | 0.46% | 1.15% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Green Sea, Horry County, South Carolina
When examining property taxes in Green Sea, South Carolina, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Horry County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Horry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Green Sea.
For example, the median home price in Green Sea is $77,000, with tax bills ranging significantly across the county. The 29545 zip code has the highest median home price at $77,000.
Property Tax Assessment Values Across Green Sea, Horry County, South Carolina
Source: Ownwell
$77,000
$163,560
$250,120
Median Green Sea Market Value
$77,000
Median Horry County Market Value
$160,000
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Green Sea, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29545 | $11,206 | $35,270 | $77,000 | $157,050 | $260,776 |
Source: Ownwell
Property Tax Bills Across Green Sea, Horry County, South Carolina
In Green Sea, SC, property tax bills are determined through a combination of the assessed value of a property and the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the tax rate set by local authorities. In Horry County, where Green Sea is located, the median property tax bill is $371, significantly lower than the national median of $2,400. This lower tax bill is reflective of the region's median home price, which is $77,000. However, tax bills can vary widely, ranging from $186 at the 25th percentile to $1,146 at the 90th percentile. For homeowners, these taxes can represent a significant portion of annual expenses.
Ownwell offers a valuable service by helping homeowners in Green Sea potentially reduce their property tax bills. Through expert analysis and appeal services, Ownwell identifies opportunities for tax savings, ensuring that homeowners are not overpaying. By advocating for fair assessments, Ownwell can help alleviate the financial burden of property taxes.
Median Green Sea Tax Bill
$371
Median Horry County Tax Bill
$1,084
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Green Sea, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29545 | $82 | $186 | $371 | $703 | $1,146 |
Source: Ownwell