Richland County, South Carolina Property Taxes
Median Richland County effective property tax rate: 1.01%, slightly lower than the national median of 1.02%.
Median Richland County home value: $117,300
Median annual Richland County tax bill: $1,343, $1,057 lower than the national median property tax bill of $2,400.
How are property taxes in Richland County calculated?
Property taxes in Richland County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Columbia or another part of Richland County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Richland County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$1,185
$1,099
Property Tax Rates Across Richland County, South Carolina
Local government entities set property tax rates, which can vary significantly within a state. This is because each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Richland County in South Carolina offers a unique perspective on property tax rates. With a median property tax rate of 1.01%, it closely aligns with the national median of 1.02%. However, within South Carolina, the range is quite broad. For instance, Lugoff boasts the highest median tax rate at 3.29%, while Little Mountain has the lowest at 0.72%. This variation highlights the importance of understanding local tax dynamics, as they can significantly impact your property tax bill. Comparing Richland County's effective property tax rate to other counties in South Carolina or the national median provides valuable insights for property owners seeking to manage their tax liabilities effectively.
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 Richland County Tax Rate
1.01%
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 South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Richland County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blythewood | 0.17% | 0.81% | 0.99% | 2.26% | 4.35% |
| Chapin | 0.60% | 0.70% | 0.81% | 1.01% | 2.86% |
| Columbia | 0.41% | 0.70% | 1.04% | 2.84% | 3.58% |
| Eastover | 0.55% | 0.96% | 2.60% | 3.18% | 5.46% |
| Elgin | 0.25% | 0.86% | 1.05% | 3.46% | 5.64% |
| Gadsden | 0.64% | 0.92% | 2.43% | 3.14% | 5.62% |
| Hopkins | 0.50% | 0.77% | 1.24% | 2.69% | 4.39% |
| Irmo | 0.60% | 0.75% | 0.88% | 1.12% | 2.95% |
| Little Mountain | 0.26% | 0.56% | 0.72% | 0.91% | 2.71% |
| Lugoff | 0.74% | 1.08% | 3.29% | 4.91% | 9.63% |
| Ridgeway | 0.15% | 0.67% | 0.97% | 1.38% | 3.31% |
| Winnsboro | 0.24% | 0.64% | 1.06% | 2.68% | 3.56% |
Source: Ownwell
Property Tax Assessment Values Across Richland County, South Carolina
When examining property taxes in Richland County, 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 Richland 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.
Assessment notices: In Richland 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 Richland County. For example, the median tax bill in Richland County is $1,181, with tax bills ranging significantly across the county. Chapin has the highest median home price at $258,600.
Property Tax Assessment Values Across Richland County, South Carolina
Source: Ownwell
$13,900
$136,250
$258,600
Median Richland County Market Value
$117,300
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Richland County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blythewood | $9,600 | $62,350 | $204,500 | $285,900 | $362,500 |
| Chapin | $25,510 | $181,000 | $258,600 | $350,825 | $479,280 |
| Columbia | $19,100 | $60,800 | $116,550 | $180,900 | $281,600 |
| Eastover | $5,300 | $9,000 | $21,300 | $64,775 | $139,730 |
| Elgin | $4,000 | $48,250 | $157,400 | $267,800 | $412,060 |
| Gadsden | $5,300 | $7,575 | $21,450 | $59,625 | $111,790 |
| Hopkins | $7,500 | $17,700 | $64,900 | $123,000 | $188,000 |
| Irmo | $80,000 | $109,800 | $150,100 | $229,000 | $336,500 |
| Little Mountain | $37,500 | $153,300 | $245,000 | $323,500 | $427,560 |
| Lugoff | $3,500 | $7,500 | $13,900 | $84,500 | $150,980 |
| Ridgeway | $19,820 | $70,950 | $210,600 | $302,250 | $395,200 |
| Winnsboro | $5,830 | $22,100 | $48,450 | $171,575 | $460,800 |
Source: Ownwell
Property Tax Bills Across Richland County, South Carolina
Median Richland County Tax Bill
$1,343
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Richland County, South Carolina
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blythewood | $368 | $663 | $1,972 | $2,832 | $4,092 |
| Chapin | $368 | $1,546 | $2,182 | $3,053 | $4,926 |
| Columbia | $134 | $637 | $1,316 | $2,323 | $4,206 |
| Eastover | $88 | $290 | $518 | $977 | $1,759 |
| Elgin | $22 | $743 | $1,808 | $3,097 | $6,035 |
| Gadsden | $103 | $246 | $476 | $820 | $1,469 |
| Hopkins | $161 | $368 | $766 | $1,377 | $2,181 |
| Irmo | $488 | $1,025 | $1,514 | $2,423 | $3,888 |
| Little Mountain | $368 | $1,073 | $1,676 | $2,327 | $3,265 |
| Lugoff | $99 | $331 | $567 | $1,168 | $2,421 |
| Ridgeway | $368 | $947 | $1,870 | $2,731 | $4,148 |
| Winnsboro | $63 | $368 | $830 | $1,390 | $2,496 |
Source: Ownwell