Williamsburg County Property Taxes
The median property tax rate in Williamsburg County is 1.16%, 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 Williamsburg County, the typical annual property tax bill reaches $188, which is well below the national median of $2,690. Property taxes in Williamsburg County 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 Williamsburg County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Kingstree or another part of Williamsburg County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Williamsburg County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$254
$235
Ownwell’s Williamsburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Williamsburg with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Williamsburg 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 Williamsburg County, South Carolina
Property taxes in Williamsburg play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Williamsburg is 1.16%, which is higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Williamsburg set these rates annually, and they can vary significantly between different areas within the county. Each year, Williamsburg 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 Williamsburg's effective property tax rate with other counties in South Carolina and the national median. For comparison, the city of Kingstree has one of the higher property tax rates in South Carolina at 1.72%, while the city of Cades boasts one of the lowest at 0.71%. Analyzing how Williamsburg's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Williamsburg County Tax Rate
1.16%
Average South Carolina Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williamsburg County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andrews | 0.12% | 0.18% | 1.17% | 2.28% | 4.20% |
Cades | 0.13% | 0.16% | 0.71% | 2.09% | 2.79% |
Georgetown | N/A | N/A | N/A | N/A | N/A |
Greeleyville | 0.13% | 0.19% | 1.06% | 2.14% | 3.30% |
Hemingway | 0.10% | 0.15% | 1.12% | 2.14% | 3.38% |
Johnsonville | 0.10% | 0.26% | 0.88% | 2.11% | 3.22% |
Kingstree | 0.12% | 0.37% | 1.72% | 2.47% | 4.95% |
Lake City | 0.12% | 0.15% | 0.83% | 2.09% | 3.36% |
Lane | 0.12% | 0.20% | 1.13% | 2.15% | 3.17% |
Nesmith | 0.10% | 0.14% | 1.02% | 2.19% | 3.80% |
New Zion | 0.11% | 0.19% | 0.99% | 2.12% | 3.36% |
Salters | 0.12% | 0.17% | 1.18% | 2.33% | 4.53% |
Source: Ownwell
Property Tax Assessment Values Across Williamsburg County, South Carolina
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Williamsburg. 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 Williamsburg 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 Williamsburg 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, Johnsonville has the highest median tax bill at $264, while Lane has the lowest at $169. Being aware of these valuation processes in Williamsburg will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Williamsburg County, South Carolina
Source: Ownwell
$17,200
$26,000
$34,800
Average Williamsburg County Assessed Value
$21,858
Average South Carolina Assessed Value
$140,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Williamsburg County, South Carolina
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andrews | $3,915 | $7,592 | $20,606 | $54,932 | $137,399 |
Cades | $5,947 | $12,485 | $34,800 | $86,738 | $190,935 |
Georgetown | N/A | N/A | N/A | N/A | N/A |
Greeleyville | $5,150 | $8,468 | $21,775 | $55,225 | $133,441 |
Hemingway | $4,425 | $8,100 | $24,400 | $56,284 | $118,183 |
Johnsonville | $4,475 | $9,362 | $31,814 | $87,848 | $221,784 |
Kingstree | $3,900 | $6,350 | $17,200 | $48,291 | $112,293 |
Lake City | $4,950 | $9,034 | $26,812 | $71,503 | $167,348 |
Lane | $5,050 | $7,750 | $19,600 | $45,920 | $104,927 |
Nesmith | $4,250 | $7,518 | $22,000 | $69,331 | $156,938 |
New Zion | $4,891 | $9,064 | $22,582 | $65,920 | $189,508 |
Salters | $4,777 | $8,500 | $21,284 | $57,000 | $149,126 |
Source: Ownwell
Property Tax Bills Across Williamsburg County, South Carolina
In Williamsburg County, SC, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in this county experience a range of tax bills, with the median home price at $21,858. The tax bill varies significantly across different percentiles: at the 25th percentile, homeowners pay around $101, while at the 75th percentile, the tax bill rises to approximately $421. Those in the 90th percentile can expect to pay up to $988. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions. For instance, the highest median tax bill in the county is found in Johnsonville at $264, while Lane has the lowest at $169. Compared to the national median property tax rate of 0.99%, Williamsburg County's taxes are relatively modest, offering some financial relief to homeowners. This variation can significantly impact how much homeowners need to budget for annual property taxes.
Average Williamsburg County Tax Bill
$188
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Williamsburg County, South Carolina
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andrews | $27 | $98 | $192 | $405 | $912 |
Cades | $43 | $108 | $201 | $462 | $1,060 |
Georgetown | N/A | N/A | N/A | N/A | N/A |
Greeleyville | $29 | $105 | $184 | $394 | $901 |
Hemingway | $24 | $91 | $172 | $393 | $993 |
Johnsonville | $25 | $125 | $264 | $579 | $1,057 |
Kingstree | $37 | $121 | $195 | $437 | $999 |
Lake City | $30 | $87 | $190 | $459 | $1,075 |
Lane | $27 | $94 | $169 | $405 | $833 |
Nesmith | $20 | $84 | $192 | $436 | $1,156 |
New Zion | $48 | $125 | $178 | $458 | $1,049 |
Salters | $27 | $112 | $202 | $437 | $1,124 |
Source: Ownwell