Saint George, South Carolina Property Taxes
The median property tax rate in Saint George, South Carolina is 1.18%, notably higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Saint George, the typical annual property tax bill reaches $524, which is significantly lower than the national median of $2,690. Property taxes in Saint George 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 Saint George'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 Saint George 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
Saint George, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$420
$390
Ownwell’s Saint George Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint George with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint George 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 Saint George, South Carolina
Property taxes in Saint George, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint George is 1.18%, higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Saint George set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint George 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 Saint George's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29477 zip code has the highest median property tax rate of 1.18%, while the lowest median tax rate is also 1.18%. Understanding how these cities compare with Saint George provides valuable insights into the varying tax landscape across Orangeburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint George Tax Rate
1.18%
Average Orangeburg County Tax Rate
0.81%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint George, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29477 | 0.21% | 0.48% | 1.18% | 2.44% | 2.46% |
Source: Ownwell
Property Tax Assessment Values Across Saint George, South Carolina
In Saint George, 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 Orangeburg 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 Saint George, 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 Saint George helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $35,630, with tax bills ranging from $188 at the 25th percentile to $3,058 at the 90th percentile. The highest and lowest median tax bill, both at $524, are found in the 29477 zip code.
Property Tax Assessment Values Across Saint George, South Carolina
Source: Ownwell
$22,130
$128,775
$235,420
Average Saint George Assessed Value
$35,630
Average Orangeburg County Assessed Value
$41,835
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint George, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29477 | $3,060 | $9,175 | $35,630 | $82,758 | $126,457 |
Source: Ownwell
Property Tax Bills Across Saint George, South Carolina
Property tax bills in Saint George, located in Orangeburg County, SC, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the tax bill, including the property's market value, any applicable exemptions, and the local tax rate. For homeowners in Saint George, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is around $188, while at the 75th percentile, it rises to approximately $1,714. At the 90th percentile, homeowners might see tax bills as high as $3,058. These variations reflect differences in property values and the impact of exemptions or other adjustments. Compared to the national median property tax rate of 0.99%, the property tax rates in Saint George offer a unique perspective on how local factors can influence homeowner expenses. Understanding these elements helps homeowners better anticipate their financial obligations.
Average Saint George Tax Bill
$524
Average Orangeburg County Tax Bill
$620
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint George, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29477 | $105 | $188 | $524 | $1,714 | $3,058 |
Source: Ownwell