Gresham, Marion County, South Carolina Property Taxes

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

Median Gresham, SC effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Gresham, SC home value: $9,896
Median annual Gresham, SC tax bill: $124, $2,276 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

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

Last Updated March 1, 2025

Gresham, Marion County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$159

$148

Ownwell’s Gresham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gresham with just two data points. By entering your property's estimated assessed value, our calculator applies Gresham’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 Marion County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gresham, Marion County, South Carolina

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Gresham’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.

Property Tax Rates Across Gresham, Marion County, South Carolina

Source: Ownwell

0.79%

1.28%

1.78%

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 Gresham Tax Rate

1.61%

Median Effective Marion County Tax Rate

1.68%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gresham, Marion County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29546	0.33%	0.42%	1.61%	2.16%	2.96%

Source: Ownwell

Property Tax Assessment Values Across Gresham, Marion County, South Carolina

When examining property taxes in Gresham, 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 Marion 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. Assessment notices: In Marion 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 Gresham. For example, the median home price in Gresham is $9,896, with tax bills ranging significantly across the county. 29546 has the highest median home price at $9,896.

Property Tax Assessment Values Across Gresham, Marion County, South Carolina

Source: Ownwell

$9,000

$10,250

$11,500

Median Gresham Market Value

$9,896

Median Marion County Market Value

$10,000

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gresham, Marion County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29546	$3,070	$5,358	$9,896	$22,500	$41,105

Source: Ownwell

Property Tax Bills Across Gresham, Marion County, South Carolina

In Gresham, located in Marion County, SC, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. For many homeowners in Gresham, the property tax bill can be a significant expense, with the 90th percentile reaching up to $410. However, this is still lower than the national median property tax bill of $2,400.

Factors influencing the property tax bill include property size, location, and any applicable exemptions. Homeowners may feel the financial burden, especially when considering the national median property tax rate of 1.02%. Ownwell can assist homeowners in Gresham by identifying potential savings through appeals and exemptions, ensuring they are not overpaying. With expertise in local tax regulations, Ownwell helps clients navigate the complexities of property tax assessments, ultimately reducing their tax liability and saving them money.

Property Tax Bills Across Gresham, Marion County, South Carolina

Source: Ownwell

$124

$140

$156

Median Gresham Tax Bill

$124

Median Marion County Tax Bill

$142

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Gresham, Marion County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29546	$35	$63	$124	$219	$410

Source: Ownwell