Indian Land, Lancaster County, South Carolina Property Taxes

Name: Property Tax Bills Across Indian Land, Lancaster County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median INDIAN LAND, SC effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, but lower than the SC state median of 0.72%.
Median INDIAN LAND, SC home value: $64,250
Median annual INDIAN LAND, SC tax bill: $849, $1,551 lower than the national median property tax bill of $2,400.

How are property taxes in Lancaster calculated?

Property taxes in INDIAN LAND, 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 INDIAN LAND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in INDIAN LAND, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Indian Land, Lancaster County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.73%

Estimate Property Tax Bill

$1,112

$1,031

Ownwell’s INDIAN LAND Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in INDIAN LAND with just two data points. By entering your property's estimated assessed value, our calculator applies INDIAN LAND’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lancaster. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Indian Land, Lancaster County, South Carolina

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide essential services, dividing this by the total value of all taxable property in its area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.

In Indian Land, located in Lancaster County, the effective property tax rate is an important consideration for homeowners. The median property tax rate in South Carolina is often compared to the national median of 1.02%, offering a perspective on how local rates align with broader trends. Indian Land's tax rate can be compared to other cities within South Carolina, providing insight into the regional tax landscape. Understanding these rates is crucial for property owners as they plan their budgets and financial commitments. Whether you're a new homeowner or looking to appeal your property taxes, being informed about local tax rates can help you make better financial decisions.

Property Tax Rates Across Indian Land, Lancaster County, South Carolina

Source: Ownwell

0.61%

1.17%

1.73%

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 Indian Land Tax Rate

1.73%

Median Effective Lancaster County Tax Rate

0.65%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Indian Land, Lancaster County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29707	0.53%	1.43%	1.73%	2.00%	2.61%

Source: Ownwell

Property Tax Assessment Values Across Indian Land, Lancaster County, South Carolina

When examining property taxes in Indian Land, 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 Lancaster County appraisal district 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 Lancaster 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 Indian Land. For example, the median home price in Indian Land is $64,250, with tax bills ranging significantly across the county. Zip code 29707 has the highest median home price at $64,250.

Property Tax Assessment Values Across Indian Land, Lancaster County, South Carolina

Source: Ownwell

$64,250

$194,925

$325,600

Median Indian Land Market Value

$64,250

Median Lancaster County Market Value

$164,500

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Indian Land, Lancaster County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29707	$24,680	$46,425	$64,250	$136,100	$450,480

Source: Ownwell

Property Tax Bills Across Indian Land, Lancaster County, South Carolina

In Indian Land, located in Lancaster County, SC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which can vary based on the county's assessment practices. With a median home price of $64,250, the property tax rate in this area results in a median tax bill of $849, which is considerably lower than the national median of $2,400. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. Homeowners in Indian Land can face significant variations, with tax bills ranging from the 25th percentile at $685 to the 90th percentile at $8,976. Ownwell can assist homeowners by appealing their property assessments, ensuring they are not overpaying. By leveraging local expertise and understanding of the appeals process, Ownwell can help reduce property tax burdens, providing peace of mind and potential savings for homeowners.

Property Tax Bills Across Indian Land, Lancaster County, South Carolina

Source: Ownwell

$458

$1,337

$2,215

Median Indian Land Tax Bill

$849

Median Lancaster County Tax Bill

$1,306

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Indian Land, Lancaster County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29707	$280	$685	$849	$1,284	$8,976

Source: Ownwell