Batesburg, South Carolina Property Taxes
The median property tax rate in Batesburg, SC is 0.87%, which is lower than the national median of 0.99% but higher than the South Carolina state median of 0.72%. With a median home value of $77,800 in Batesburg, the typical annual property tax bill amounts to $712, significantly below the national median of $2,690. Property taxes in Batesburg are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Familiarizing yourself with Batesburg's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're located in the heart of Batesburg or another part of Saluda County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Batesburg, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$677
Ownwell’s Batesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Batesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Batesburg 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 Batesburg, South Carolina
Property taxes in Batesburg, South Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Batesburg is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Batesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Batesburg 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 Batesburg's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29006 zip code has the highest median property tax rate of 0.87%, while the same zip code also has the lowest median tax rate of 0.87%. Understanding how these cities compare with Batesburg provides valuable insights into the varying tax landscape across Saluda County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Batesburg Tax Rate
0.87%
Average Saluda County Tax Rate
0.88%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Batesburg, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29006 | 0.35% | 0.65% | 0.87% | 2.15% | 3.10% |
Source: Ownwell
Property Tax Assessment Values Across Batesburg, South Carolina
In Batesburg, 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 Saluda 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 Batesburg, 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. The median home price in Batesburg is $77,800, with tax bills ranging from $326 at the 25th percentile to $3,035 at the 90th percentile. The highest and lowest median tax bills in the area are both $712 in the 29006 zip code. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Batesburg, South Carolina
Source: Ownwell
$47,650
$123,125
$198,600
Average Batesburg Assessed Value
$77,800
Average Saluda County Assessed Value
$64,000
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Batesburg, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29006 | $10,300 | $35,800 | $77,800 | $163,625 | $291,810 |
Source: Ownwell
Property Tax Bills Across Batesburg, South Carolina
In Batesburg, located in Saluda County, SC, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Batesburg is $77,800. Homeowners can expect their tax bills to vary significantly within the area. For instance, the tax bill at the 25th percentile is $326, while it rises to $1,635 at the 75th percentile and reaches $3,035 at the 90th percentile. The property tax rate in Batesburg is influenced by local government budgets, public service needs, and the overall economic environment. These factors collectively determine the tax rate applied to the assessed property value. This system ensures that property taxes are proportionate to the value of the property, impacting homeowners based on the value of their homes. Comparatively, the national median property tax rate is 0.99%, highlighting how local variations can significantly affect tax obligations for homeowners in different regions.
Average Batesburg Tax Bill
$712
Average Saluda County Tax Bill
$641
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Batesburg, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29006 | $112 | $326 | $712 | $1,635 | $3,035 |
Source: Ownwell