Walhalla, Oconee County, South Carolina Property Taxes
Median Walhalla, SC effective property tax rate: 0.42%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Walhalla, SC home value: $78,694
Median annual Walhalla, SC tax bill: $323, $2,077 lower than the national median property tax bill of $2,400.
How are property taxes in Oconee calculated?
Property taxes in Walhalla, 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 Walhalla’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walhalla, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walhalla, Oconee County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$331
$307
Property Tax Rates Across Walhalla, Oconee County, South Carolina
Local government entities determine tax rates, which can widely vary within a state. Each year, counties estimate their budgets to fund necessary services and divide this amount by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Walhalla, located in Oconee County, South Carolina, the effective property tax rate is 0.42%, which is notably lower than the national median property tax rate of 1.02%. This lower rate can be appealing to property owners seeking reduced tax burdens. When compared to other cities within South Carolina, Walhalla's property tax rate stands out for its affordability. This competitive tax rate can significantly impact homeowners' financial planning and overall cost of living, making Walhalla an attractive location for prospective homeowners. Understanding these rates can help property owners make informed decisions and potentially save on their annual tax bills.
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 Walhalla Tax Rate
0.42%
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 Oconee County Tax Rate
0.42%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walhalla, Oconee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29691 | 0.10% | 0.26% | 0.42% | 0.89% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Walhalla, Oconee County, South Carolina
When examining property taxes in Walhalla, 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 Oconee 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 Oconee 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 Walhalla.
For example, the median home price in Walhalla is $78,694, with tax bills ranging significantly across the county. 29691 has the highest median home price at $78,694.
Property Tax Assessment Values Across Walhalla, Oconee County, South Carolina
Source: Ownwell
$52,128
$146,675
$241,222
Median Walhalla Market Value
$78,694
Median Oconee County Market Value
$107,800
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walhalla, Oconee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29691 | $10,321 | $29,400 | $78,694 | $145,395 | $224,701 |
Source: Ownwell
Property Tax Bills Across Walhalla, Oconee County, South Carolina
Median Walhalla Tax Bill
$323
Median Oconee County Tax Bill
$454
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Walhalla, Oconee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29691 | $33 | $123 | $323 | $594 | $999 |
Source: Ownwell