Pineville, South Carolina Property Taxes
The median property tax rate in Pineville, SC is 2.49%, considerably higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Pineville, the typical annual property tax bill reaches $526, which is below the national median of $2,690. Property taxes in Pineville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pineville'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 Pineville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pineville, South Carolina Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Pineville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pineville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pineville 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 Pineville, South Carolina
Property taxes in Pineville, South Carolina, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pineville is 0.57%, lower than both the South Carolina state median of 0.55% and the U.S. national median of 0.99%. Local government entities within Pineville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pineville 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 Pineville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29732 zip code has the highest median property tax rate of 0.57%, while the 29732 zip code has the lowest median tax rate of 0.57%. Understanding how these cities compare with Pineville provides valuable insights into the varying tax landscape across Lancaster County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pineville Tax Rate
2.49%
Average Lancaster County Tax Rate
0.65%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | 2.44% | 2.46% | 2.49% | 2.51% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Pineville, South Carolina
In Pineville, 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 Lancaster County 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. 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 Pineville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $21,200, with the highest and lowest median tax bills both being $526 in the 28134 zip code.
Property Tax Assessment Values Across Pineville, South Carolina
Source: Ownwell
$15,800
$170,700
$325,600
Average Pineville Assessed Value
$21,200
Average Lancaster County Assessed Value
$164,500
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | $19,440 | $20,100 | $21,200 | $22,300 | $22,960 |
Source: Ownwell
Property Tax Bills Across Pineville, South Carolina
In Pineville, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. For homeowners in Pineville, located in Lancaster County, the median home price is $21,200. The tax rate in Pineville is influenced by local government budgets and public service funding needs. Tax bills can vary significantly, with the 25th percentile tax bill at $505 and the 75th percentile at $547. The 90th percentile tax bill reaches $560. The highest and lowest median tax bills are both $526, indicating a relatively narrow range of property tax charges in the area. Homeowners in Pineville should be aware that their property tax bill directly affects their annual expenses. Compared to the national median property tax rate of 0.99%, Pineville's rates can be considered relatively modest, making it an attractive option for those seeking lower property tax burdens.
Average Pineville Tax Bill
$526
Average Lancaster County Tax Bill
$1,306
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Pineville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28134 | $492 | $505 | $526 | $547 | $560 |
Source: Ownwell