Pauline, South Carolina Property Taxes
The median property tax rate in Pauline, SC is 0.71%, which is 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 $54,000, the typical annual property tax bill is $334, significantly below the national median of $2,690. Property taxes in Pauline are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Pauline'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 Pauline or another part of Union County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pauline, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$383
$356
Ownwell’s Pauline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner 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 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 Pauline, South Carolina
Property taxes in Pauline, South Carolina, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Pauline is 0.71%, which is notably 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 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 29374 zip code in Union County has the same median property tax rate of 0.71%. Understanding how these rates compare with Pauline provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pauline Tax Rate
0.71%
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 Pauline, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29374 | 0.28% | 0.54% | 0.71% | 1.95% | 1.96% |
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 Union 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. The zip code with the highest median tax bill is 29374, at $334, which is significantly lower than the national median property tax rate of 0.99%.
Average Pauline Assessed Value
$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 Pauline, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29374 | $4,500 | $11,200 | $54,000 | $113,600 | $156,440 |
Source: Ownwell
Property Tax Bills Across Pauline, South Carolina
In Pauline, Union County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $54,000. The local tax rate is applied to the assessed value to determine the annual tax bill. For instance, homeowners in Pauline can expect tax bills ranging from $133 at the 25th percentile to $1,256 at the 90th percentile, depending on their property's assessed value and applicable exemptions. Several factors influence the final tax bill, including the home's assessed value, the local tax rate, and any eligible exemptions or deductions. These taxes are essential for funding local services such as schools, public safety, and infrastructure. Homeowners in Pauline should be aware that their property tax bills can significantly impact their annual budget. Compared to the national median property tax rate of 0.99%, the tax burden in Union County is relatively moderate, making it an attractive option for homeowners seeking affordability.
Average Pauline Tax Bill
$334
Average Union County Tax Bill
$195
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 | $78 | $133 | $334 | $719 | $1,256 |
Source: Ownwell