Union County Property Taxes
The median property tax rate in Union is 1.59%, which is significantly higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Union, the typical annual property tax bill reaches $195, which is considerably lower than the national median of $2,690. Property taxes in Union are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Union's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Union or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$382
$354
Ownwell’s Union Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Union to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Union County, South Carolina
Property taxes in Union County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Union County is 1.59%, which is higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Union County set these rates annually, and they can vary significantly between different areas within the county. Each year, Union County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Union County's effective property tax rate with other counties in South Carolina and the national median. For comparison, the city of Carlisle has one of the higher property tax rates in South Carolina at 1.97%, while the city of Pacolet boasts one of the lowest at 0.69%. Analyzing how Union County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Union County Tax Rate
1.59%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Buffalo | 0.26% | 0.71% | 1.59% | 1.95% | 1.97% |
Carlisle | 0.35% | 0.73% | 1.97% | 1.98% | 1.99% |
Enoree | 0.17% | 0.67% | 1.14% | 1.91% | 1.94% |
Jonesville | 0.21% | 0.65% | 1.03% | 1.91% | 2.05% |
Lockhart | N/A | N/A | N/A | N/A | N/A |
Pacolet | 0.26% | 0.52% | 0.69% | 1.91% | 1.93% |
Pauline | 0.28% | 0.54% | 0.71% | 1.95% | 1.96% |
Spartanburg | 0.81% | 0.99% | 1.30% | 1.60% | 1.78% |
Union | 0.25% | 0.63% | 1.49% | 1.91% | 2.03% |
Whitmire | 0.30% | 0.72% | 1.96% | 1.98% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Union County, South Carolina
In Union County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Union County Appraisal District. The assessed value, however, 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. Assessment notices in Union County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Spartanburg has the highest median tax bill at $398, while Whitmire has the lowest at $112. Being aware of these valuation processes in Union County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Union County, South Carolina
Source: Ownwell
$4,000
$29,000
$54,000
Average Union County Assessed Value
$24,000
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Union County, South Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Buffalo | $3,130 | $5,725 | $21,000 | $59,475 | $100,100 |
Carlisle | $3,000 | $4,000 | $5,800 | $33,550 | $66,700 |
Enoree | $4,000 | $4,875 | $15,550 | $53,500 | $77,150 |
Jonesville | $3,400 | $5,000 | $25,800 | $70,825 | $126,900 |
Lockhart | N/A | N/A | N/A | N/A | N/A |
Pacolet | $4,000 | $7,750 | $33,900 | $92,200 | $137,790 |
Pauline | $4,500 | $11,200 | $54,000 | $113,600 | $156,440 |
Spartanburg | $23,050 | $30,025 | $41,650 | $53,275 | $60,250 |
Union | $3,500 | $5,900 | $30,300 | $69,400 | $114,740 |
Whitmire | $3,500 | $4,500 | $11,850 | $47,950 | $80,020 |
Source: Ownwell
Property Tax Bills Across Union County, South Carolina
In Union County, SC, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The tax bill is determined by multiplying the assessed value by the local tax rate. Various factors influence the final tax bill, including the property's location, size, and condition. Homeowners in Union County experience a range of tax bills, with the 25th percentile paying around $79 and the 75th percentile paying up to $499. The 90th percentile of homeowners face tax bills as high as $949. Comparatively, Spartanburg has the highest median tax bill in the region at $398, while Whitmire has the lowest at $112. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and public safety. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly.
Average Union County Tax Bill
$195
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Union County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Buffalo | $39 | $85 | $194 | $455 | $808 |
Carlisle | $36 | $69 | $82 | $232 | $559 |
Enoree | $27 | $76 | $116 | $326 | $496 |
Jonesville | $44 | $76 | $197 | $511 | $940 |
Lockhart | N/A | N/A | N/A | N/A | N/A |
Pacolet | $54 | $92 | $226 | $596 | $973 |
Pauline | $78 | $133 | $334 | $719 | $1,256 |
Spartanburg | $360 | $374 | $398 | $422 | $436 |
Union | $47 | $82 | $226 | $551 | $998 |
Whitmire | $53 | $79 | $112 | $289 | $531 |
Source: Ownwell