What is the property tax rate for Lancaster County SC?
What is the property tax rate for Lancaster County SC?
0.55%
South Carolina Property Tax Rates
County | Median Home Value | Average Effective Property Tax Rate |
---|---|---|
Lancaster County | $182,400 | 0.55% |
Laurens County | $91,300 | 0.55% |
Lee County | $73,300 | 0.68% |
Lexington County | $151,900 | 0.56% |
How are property taxes calculated in Lancaster County SC?
Property taxes are computed by multiplying the taxable value of the property by the number of mills levied. This is calculated by the Lancaster County Finance Department.
What is SC property tax rate?
0.574 percent
The average South Carolina property tax rate is 0.574 percent. The nationwide median property tax rate stands at 1.211 percent. The average South Carolina property tax payment is $1,435. The nationwide average property tax payment is $3,028.
What county has the highest property tax in South Carolina?
For example, Beaufort County has the highest average property tax paid by homeowners in South Carolina, paying an average of $1,466 in property taxes.
Which county in South Carolina has the lowest property taxes?
Horry County
Horry County Horry County has the lowest property tax rate in the state as well as being home to some of the best schools in South Carolina.
Which county in SC has the lowest property taxes?
Horry County Horry County has the lowest property tax rate in the state as well as being home to some of the best schools in South Carolina.
Why are property taxes so high in South Carolina?
That’s because in South Carolina many homes are taxed on far less than they are worth — until the ownership changes. A sale triggers a reassessment, so that the property is taxed on its full value, which can mean a large jump in the tax bill.