Johnston, South Carolina Property Taxes
The median property tax rate in Johnston, SC is 0.74%, slightly higher than the state median of 0.72% but lower than the national median of 0.99%. With a median home value of $47,650, the typical annual property tax bill in Johnston amounts to $364, which is significantly below the national median of $2,690. Property taxes in Johnston are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Johnston'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 Johnston 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
Johnston, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$353
$327
Ownwell’s Johnston Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Johnston with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Johnston to provide an estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities. For those interested in more detailed insights, you can explore trends at the neighborhood level further down the page. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Johnston, South Carolina
Property taxes in Johnston, 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 Johnston is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Johnston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnston 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 Johnston's effective property tax rate to other regions in South Carolina and the national median. For comparison, the zip code 29832 in Saluda County has a median property tax rate of 0.74%. Understanding how these areas compare with Johnston 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 Johnston Tax Rate
0.74%
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 Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | 0.23% | 0.56% | 0.74% | 1.96% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Johnston, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Johnston, South Carolina. 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 local 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 Johnston, 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. For instance, the median home price in Johnston is $47,650, with tax bills ranging from the 25th percentile at $173 to the 90th percentile at $1,268. The zip code 29832 has the highest median tax bill at $364, which is also the lowest median tax bill in the area. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Johnston, South Carolina
Source: Ownwell
$47,650
$123,125
$198,600
Average Johnston Assessed Value
$47,650
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 Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | $8,562 | $18,150 | $47,650 | $85,375 | $166,800 |
Source: Ownwell
Property Tax Bills Across Johnston, South Carolina
In Johnston, located in Saluda County, SC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Johnston is $47,650. Property taxes in this area are influenced by factors such as property size, location, and market conditions. Homeowners in Johnston experience a range of tax bills, with the 25th percentile at $173 and the 75th percentile at $792. For those at the 90th percentile, tax bills can reach up to $1,268. The local tax rate in Johnston plays a crucial role in determining the final tax bill. Compared to the national median property tax rate of 0.99%, Johnston's tax rates contribute to relatively lower tax bills. This can be beneficial for homeowners, as lower property taxes can make homeownership more affordable and potentially increase property values over time. Understanding these factors can help homeowners in Johnston better anticipate their annual property tax obligations and plan their finances accordingly.
Average Johnston Tax Bill
$364
Average Saluda County Tax Bill
$641
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnston, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29832 | $66 | $173 | $364 | $792 | $1,268 |
Source: Ownwell