Cades, South Carolina Property Taxes
The median property tax rate in Cades, SC is 0.71%, slightly lower than both the national median of 0.99% and the South Carolina state median of 0.72%. With the median home value in Cades, the typical annual property tax bill reaches $201, significantly below the national median of $2,690. Property taxes in Cades are calculated based on the tax assessed value, which typically falls below market value due to various exemptions like primary residence and agricultural exemptions. Understanding Cades'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 Cades or another part of Williamsburg County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cades, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$247
$229
Ownwell’s CADES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CADES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CADES 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 Cades, South Carolina
Property taxes in Cades, 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 Cades is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Cades set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cades 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 Cades' effective property tax rate to other counties in South Carolina and the national median. For comparison, the 29518 zip code has both the highest and lowest median property tax rate of 0.71%. Understanding how these cities compare with Cades 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.
Average Cades Tax Rate
0.71%
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 Cades, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29518 | 0.13% | 0.16% | 0.71% | 2.09% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Cades, South Carolina
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in CADES, SC. 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 local 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 CADES, 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. The median home price in CADES is $34,800, and property tax bills can vary widely. For instance, the 25th percentile tax bill is $108, while the 75th percentile tax bill is $462. The highest median tax bill is $201 in the 29518 zip code, which also has the lowest median tax bill of $201. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cades Assessed Value
$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 Cades, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29518 | $5,947 | $12,485 | $34,800 | $86,738 | $190,935 |
Source: Ownwell
Property Tax Bills Across Cades, South Carolina
In Cades, SC, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For example, with a median home price of $34,800, the assessed value is determined by local tax authorities. The property tax rate in Cades is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location within Williamsburg County and any applicable exemptions or deductions. Homeowners in Cades can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $108, while the 75th percentile tax bill reaches $462. The 90th percentile tax bill can be as high as $1060, indicating a wide range of potential tax burdens. These property taxes significantly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated helps homeowners budget effectively and take advantage of any available tax relief options.
Average Cades Tax Bill
$201
Average Williamsburg County Tax Bill
$188
Average South Carolina Tax Bill
$1,086
Average United States Tax Bill
$2,690
Property Tax Bills Across Cades, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29518 | $43 | $108 | $201 | $462 | $1,060 |
Source: Ownwell