Roebuck, South Carolina Property Taxes
The median property tax rate in Roebuck, SC is 0.61%, significantly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With a median home value of $190,600 in Roebuck, the typical annual property tax bill is $1,281, which falls well below the national median of $2,690. Property taxes in Roebuck are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Roebuck's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Roebuck or another part of Spartanburg County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roebuck, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$1,163
$1,079
Ownwell’s Roebuck Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roebuck with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roebuck 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 Roebuck, South Carolina
Property taxes in Roebuck, South Carolina, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roebuck is 0.61%, which is lower than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Roebuck set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roebuck 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 Roebuck's effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29376 zip code has the highest median property tax rate of 0.61%, while the same zip code also has the lowest median tax rate of 0.61%. Understanding how these cities compare with Roebuck 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 Roebuck Tax Rate
0.61%
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 Roebuck, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29376 | 0.35% | 0.47% | 0.61% | 0.73% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Roebuck, South Carolina
In Roebuck, 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 Roebuck, 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. Roebuck's median home price is $190,600, with the highest and lowest median tax bills both being $1,281 in the 29376 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Roebuck Assessed Value
$190,600
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 Roebuck, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29376 | $7,200 | $58,050 | $190,600 | $275,235 | $353,500 |
Source: Ownwell
Property Tax Bills Across Roebuck, South Carolina
In Roebuck, property tax bills are calculated based on the assessed value of your home, which is a percentage of the market value. The median home price here is $190,600. Local tax rates are then applied to this assessed value to determine your tax bill. Factors such as property improvements, neighborhood developments, and changes in market conditions can influence the assessed value. For homeowners in Roebuck, the property tax bill can vary significantly. For example, the tax bill at the 25th percentile is $769, while at the 75th percentile, it rises to $1,888. At the 90th percentile, it can reach as high as $2,694. These variations highlight how property values and local tax rates impact what you owe. Compared to the national median property tax rate of 0.99%, Roebuck’s rates are relatively moderate, making it an appealing place for homeowners looking for manageable property tax expenses. The highest and lowest median tax bills in the area are both $1,281, indicating a consistent tax rate within the zip code 29376.
Average Roebuck Tax Bill
$1,281
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 Roebuck, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29376 | $250 | $769 | $1,281 | $1,888 | $2,694 |
Source: Ownwell