Murrells Inlet, Horry County, South Carolina Property Taxes
Median Murrells Inlet, SC effective property tax rate: 0.45%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Murrells Inlet, SC home value: $204,240
Median annual Murrells Inlet, SC tax bill: $1,147, $1,253 lower than the national median property tax bill of $2,400.
How are property taxes in Horry calculated?
Property taxes in Murrells Inlet, 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 Murrells Inlet’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Murrells Inlet, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Murrells Inlet, Horry County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.45%
Estimate Property Tax Bill
$919
$853
Property Tax Rates Across Murrells Inlet, Horry County, South Carolina
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process.
In Murrells Inlet, located in Horry County, the effective property tax rate stands at 0.45%. This rate is notably lower than the national median property tax rate of 1.02%. Across South Carolina, Murrells Inlet shares the same tax rate as the highest and lowest median tax rates within the state, highlighting the consistency in property tax rates within this region. When compared to the national median property tax bill of $2,400, residents in Murrells Inlet benefit from relatively lower property tax obligations. This can be an attractive factor for potential homeowners considering relocating to this area. The lower tax rate can lead to significant savings over time, making Murrells Inlet a financially appealing choice for property investment.
Property Tax Rates Across Murrells Inlet, Horry County, South Carolina
Source: Ownwell

0.43%
1.01%
1.59%
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 Murrells Inlet Tax Rate
0.45%
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 Murrells Inlet, Horry County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29576 | 0.30% | 0.35% | 0.45% | 1.30% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Murrells Inlet, Horry County, South Carolina
When examining property taxes in Murrells Inlet, SC, 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 May. 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 Murrells Inlet. For example, the median home price in Murrells Inlet is $204,240, with tax bills ranging significantly across the county. Zip code 29576 has the highest median home price at $204,240.
Property Tax Assessment Values Across Murrells Inlet, Horry County, South Carolina
Source: Ownwell

$77,000
$163,560
$250,120
Median Murrells Inlet Market Value
$204,240
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 Murrells Inlet, Horry County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29576 | $58,480 | $136,050 | $204,240 | $289,730 | $365,000 |
Source: Ownwell
Property Tax Bills Across Murrells Inlet, Horry County, South Carolina
Property Tax Bills Across Murrells Inlet, Horry County, South Carolina
Source: Ownwell

$371
$1,390
$2,408
Median Murrells Inlet Tax Bill
$1,147
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 Murrells Inlet, Horry County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29576 | $263 | $686 | $1,147 | $2,142 | $3,781 |
Source: Ownwell