Andrews, Williamsburg County, South Carolina Property Taxes
The median property tax rate in Andrews, SC is 1.17%, considerably higher than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Andrews, the typical annual property tax bill reaches $192, which is significantly lower than the national median of $2,690. Property taxes in Andrews are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Andrews' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Andrews or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Andrews, Williamsburg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$241
$224
Ownwell’s Andrews Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Andrews with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Andrews 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 Andrews, Williamsburg County, South Carolina
Property taxes in Andrews, South Carolina, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Andrews is 1.17%, higher than both the South Carolina state median and the U.S. national median of 0.99%. Local government entities within Andrews set these rates annually, and they can vary significantly across different neighborhoods. Each year, Andrews 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 Andrews' effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29510 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Andrews provides valuable insights into the varying tax landscape across Williamsburg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Property Tax Rates Across Andrews, Williamsburg County, South Carolina
Source: Ownwell
0.71%
1.21%
1.72%
Average Andrews Tax Rate
1.17%
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 Andrews, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29510 | 0.12% | 0.18% | 1.17% | 2.28% | 4.20% |
Source: Ownwell
Property Tax Assessment Values Across Andrews, Williamsburg County, South Carolina
In Andrews, 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 Williamsburg 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 Andrews, 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 Andrews helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 29510 has both the highest and lowest median tax bill at $192.
Property Tax Assessment Values Across Andrews, Williamsburg County, South Carolina
Source: Ownwell
$17,200
$26,000
$34,800
Average Andrews Assessed Value
$20,606
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 Andrews, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29510 | $3,915 | $7,592 | $20,606 | $54,932 | $137,399 |
Source: Ownwell
Property Tax Bills Across Andrews, Williamsburg County, South Carolina
In Andrews, located in Williamsburg County, SC, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the market value. For homeowners in Andrews, the median home price stands at $20,606. The property tax rate in this area is relatively modest compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. In Andrews, the 25th percentile tax bill is $98, while the 75th percentile tax bill reaches $405. At the higher end, the 90th percentile tax bill is $912, indicating a range of tax burdens depending on property specifics. For homeowners, understanding these factors is crucial as they directly impact annual expenses. A clear grasp of how property taxes are calculated can aid in financial planning and ensure that homeowners are prepared for their tax obligations.
Average Andrews Tax Bill
$192
Average Williamsburg County Tax Bill
$188
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Andrews, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29510 | $27 | $98 | $192 | $405 | $912 |
Source: Ownwell