Hartsville, South Carolina Property Taxes
The median property tax rate in Hartsville, SC is 0.78%, which is lower than the national median of 0.99% but slightly higher than the South Carolina state median of 0.72%. With a median home value of $19,610 in Hartsville, the typical annual property tax bill amounts to $167, significantly below the national median of $2,690. Property taxes in Hartsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Hartsville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Hartsville or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hartsville, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$153
$142
Ownwell’s Hartsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hartsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hartsville 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 Hartsville, South Carolina
Property taxes in Hartsville, South Carolina, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Hartsville is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Hartsville set these rates annually, and they can vary across different neighborhoods. Each year, Hartsville 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 Hartsville's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29550 zip code has a median property tax rate of 0.78%. Understanding how these cities compare with Hartsville provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hartsville Tax Rate
0.78%
Average Lee County Tax Rate
0.82%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | 0.29% | 0.62% | 0.78% | 2.10% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Hartsville, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hartsville, SC. 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 Lee 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. In Hartsville, 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. Hartsville's median home price is $19,610, with tax bills varying significantly. The 25th percentile tax bill stands at $88, while the 75th percentile reaches $388. Notably, the highest median tax bill in the area is $167 in the 29550 zip code. Being aware of these valuation processes in Hartsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hartsville Assessed Value
$19,610
Average Lee County Assessed Value
$18,320
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | $4,008 | $7,840 | $19,610 | $84,280 | $270,254 |
Source: Ownwell
Property Tax Bills Across Hartsville, South Carolina
In Hartsville, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Hartsville can expect their property tax bill to be influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions. For instance, the median home price in Hartsville is $19,610. Property tax bills can vary widely, with the 25th percentile at $88 and the 75th percentile reaching $388. The tax bill for the 90th percentile can go up to $1,306. The highest median tax bill in the area is $167, found in the 29550 zip code, which is also the lowest median tax bill, indicating uniformity in tax rates within this region. Compared to the national median property tax rate of 0.99%, Hartsville's property tax rates can be considered relatively modest. This can significantly affect homeowners by keeping their annual tax expenses lower, making homeownership more affordable in this region.
Average Hartsville Tax Bill
$167
Average Lee County Tax Bill
$174
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Hartsville, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29550 | $60 | $88 | $167 | $388 | $1,306 |
Source: Ownwell