Ware Shoals, Abbeville County, South Carolina Property Taxes
Median Ware Shoals, SC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Ware Shoals, SC home value: $29,200
Median annual Ware Shoals, SC tax bill: $212, $2,188 lower than the national median property tax bill of $2,400.
How are property taxes in Abbeville calculated?
Property taxes in Ware Shoals, SC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Ware Shoals’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ware Shoals, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ware Shoals, Abbeville County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$592
$550
Property Tax Rates Across Ware Shoals, Abbeville County, South Carolina
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process.
In Ware Shoals, located in Abbeville County, SC, the effective property tax rate is 0.66%. This rate is consistent across the county, reflecting a uniform approach to property taxation. When compared to the national median property tax rate of 1.02%, Ware Shoals offers a more favorable tax environment, potentially appealing to property owners seeking lower tax liabilities.
While the property tax rate in Ware Shoals is notably lower than the national median, it aligns with South Carolina's overall trend of maintaining competitive tax rates. This financial advantage can be a significant factor for current and prospective property owners considering investment in the area. By understanding the local tax landscape, property owners can make informed decisions that align with their financial goals.
Property Tax Rates Across Ware Shoals, Abbeville County, South Carolina
Source: Ownwell
0.51%
0.70%
0.89%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ware Shoals Tax Rate
0.55%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Abbeville County Tax Rate
0.58%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ware Shoals, Abbeville County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29692 | 0.30% | 0.41% | 0.55% | 0.83% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Ware Shoals, Abbeville County, South Carolina
When examining property taxes in Ware Shoals, SC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Abbeville County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Abbeville County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ware Shoals. For example, the median home price in Ware Shoals is $29,200, with tax bills ranging significantly across the county. 29692 has the highest median home price at $29,200.
Property Tax Assessment Values Across Ware Shoals, Abbeville County, South Carolina
Source: Ownwell
$29,700
$139,325
$248,950
Median Ware Shoals Market Value
$107,700
Median Abbeville County Market Value
$80,800
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ware Shoals, Abbeville County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29692 | $17,520 | $51,250 | $107,700 | $149,850 | $193,820 |
Source: Ownwell
Property Tax Bills Across Ware Shoals, Abbeville County, South Carolina
Property Tax Bills Across Ware Shoals, Abbeville County, South Carolina
Source: Ownwell
$277
$810
$1,342
Median Ware Shoals Tax Bill
$548
Median Abbeville County Tax Bill
$452
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Ware Shoals, Abbeville County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29692 | $132 | $255 | $548 | $1,016 | $1,427 |
Source: Ownwell