Pauline, South Carolina Property Taxes
The median property tax rate in Pauline, SC is 0.47%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Pauline at $157,300, the typical annual property tax bill amounts to $872, well below the national median of $2,690. Property taxes in Pauline are based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Pauline's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you reside in the heart of Pauline or another part of Spartanburg County, being informed about the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Pauline, South Carolina Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Pauline Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pauline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pauline to provide an estimate of 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 Pauline, South Carolina
Property taxes in Pauline, South Carolina, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pauline is 0.47%, which is lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Pauline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pauline 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 Pauline's effective property tax rate to other counties in South Carolina and the national median. For comparison, the zip code 29374 in Spartanburg County has the highest median property tax rate of 0.47%, while the lowest median tax rate is also 0.47%. Understanding how these areas compare with Pauline provides valuable insights into the varying tax landscape across Spartanburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pauline Tax Rate
0.47%
Average Spartanburg County Tax Rate
0.63%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pauline, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29374 | 0.17% | 0.31% | 0.47% | 0.60% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Pauline, South Carolina
In Pauline, 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 Spartanburg 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 Pauline, 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 Pauline helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median home price in Pauline is $157,300, with the highest median tax bill recorded at $872 in the 29374 zip code.
Average Pauline Assessed Value
$157,300
Average Spartanburg County Assessed Value
$171,600
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pauline, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29374 | $11,800 | $41,000 | $157,300 | $287,100 | $455,902 |
Source: Ownwell
Property Tax Bills Across Pauline, South Carolina
In Pauline, located in Spartanburg County, SC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the property's market value, which in Pauline has a median home price of $157,300. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property improvements, location, and market conditions can influence the assessed value. Homeowners in Pauline experience a range of property tax bills, with the 25th percentile paying around $426 and the 75th percentile paying up to $1,472. Those in the 90th percentile face tax bills as high as $2,299. Compared to the national median property tax rate of 0.99%, Pauline's property taxes can be relatively moderate, offering some relief to homeowners. However, significant variations in tax bills can affect household budgets, making it essential for homeowners to understand how their property is assessed and taxed.
Average Pauline Tax Bill
$872
Average Spartanburg County Tax Bill
$1,309
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Pauline, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29374 | $137 | $426 | $872 | $1,472 | $2,299 |
Source: Ownwell