Okatie, Beaufort County, South Carolina Property Taxes
Median Okatie, SC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the SC state median of 0.72%.
Median Okatie, SC home value: $316,000
Median annual Okatie, SC tax bill: $2,495, $95 higher than the national median property tax bill of $2,400.
How are property taxes in Beaufort County calculated?
Property taxes in Okatie, 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 Okatie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Okatie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Okatie, Beaufort County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$2,086
$1,935
Ownwell’s Okatie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Okatie with just two data points.
By entering your property's estimated assessed value, our calculator applies Okatie’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Beaufort County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Okatie, Beaufort County, South Carolina
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to fund services and then divide this by the total assessed value of all taxable property in their area. This calculation results in the property tax rate. While voting and legislation play roles in establishing these rates and budgets, this is the essence of the annual process.
In Okatie, located in Beaufort County, South Carolina, the effective property tax rate is a reflection of this process. The median property tax rate in South Carolina is 0.66%, which is lower than the national median of 1.02%. Okatie's effective property tax rate aligns with the state median, offering residents a more affordable rate compared to many other areas in the United States. This can be particularly appealing for property owners seeking lower property tax obligations in a region with a cost-effective tax structure. By understanding these rates, property owners can better navigate their financial responsibilities and potentially seek appeals or exemptions where applicable.
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 Okatie Tax Rate
0.66%
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 Beaufort County Tax Rate
0.82%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Okatie, Beaufort County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | 0.46% | 0.53% | 0.66% | 1.33% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Okatie, Beaufort County, South Carolina
When examining property taxes in Okatie, 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 Beaufort County Assessor's Office 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 Beaufort 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 Okatie. For example, the median home price in Okatie is $316,000, with tax bills ranging significantly across the county. Zip code 29909 has the highest median home price at $316,000.
Property Tax Assessment Values Across Okatie, Beaufort County, South Carolina
Source: Ownwell
$42,950
$848,000
$1,653,050
Median Okatie Market Value
$316,000
Median Beaufort County Market Value
$278,200
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Okatie, Beaufort County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | $185,000 | $242,975 | $316,000 | $472,950 | $838,160 |
Source: Ownwell
Property Tax Bills Across Okatie, Beaufort County, South Carolina
Median Okatie Tax Bill
$2,495
Median Beaufort County Tax Bill
$2,400
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Okatie, Beaufort County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29909 | $1,023 | $1,565 | $2,495 | $4,477 | $7,824 |
Source: Ownwell