Daniel Island, Berkeley County, South Carolina Property Taxes

Name: Property Tax Bills Across Daniel Island, Berkeley County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median DANIEL ISLAND, SC effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median DANIEL ISLAND, SC home value: $725,700
Median annual DANIEL ISLAND, SC tax bill: $5,070, $2,670 higher than the national median property tax bill of $2,400.

How are property taxes in Berkeley calculated?

Property taxes in DANIEL ISLAND, 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 DANIEL ISLAND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DANIEL ISLAND, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Daniel Island, Berkeley County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$4,644

$4,310

Ownwell’s Daniel Island Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Daniel Island with just two data points. By entering your property's estimated assessed value, our calculator applies Daniel Island’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 Berkeley County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Daniel Island, Berkeley County, South Carolina

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Daniel Island’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.

Property Tax Rates Across Daniel Island, Berkeley County, South Carolina

Source: Ownwell

0.42%

0.55%

0.68%

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 Daniel Island Tax Rate

0.64%

Median Effective Berkeley County Tax Rate

0.55%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Daniel Island, Berkeley County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29492	0.51%	0.58%	0.64%	0.65%	1.94%

Source: Ownwell

Property Tax Assessment Values Across Daniel Island, Berkeley County, South Carolina

When examining property taxes in DANIEL ISLAND, 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 Berkeley 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 Berkeley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 DANIEL ISLAND.

For example, the median home price in DANIEL ISLAND is $725,700, with tax bills ranging significantly across the county. ZIP code 29492 has the highest median home price at $725,700.

Property Tax Assessment Values Across Daniel Island, Berkeley County, South Carolina

Source: Ownwell

$96,200

$410,950

$725,700

Median Daniel Island Market Value

$725,700

Median Berkeley County Market Value

$231,300

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Daniel Island, Berkeley County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29492	$259,400	$459,700	$725,700	$1,195,250	$1,794,700

Source: Ownwell

Property Tax Bills Across Daniel Island, Berkeley County, South Carolina

In Daniel Island, located in Berkeley County, SC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and tax rates vary based on local government budgets. With a median home price of $725,700, homeowners here face property tax bills that can significantly impact their finances. For instance, the 25th percentile tax bill is $3,240, while the 75th percentile reaches $8,385, and the 90th percentile climbs to $13,790. The median tax bill in Daniel Island is $5,070, which is more than double the national median of $2,400. This high tax burden can be challenging for homeowners. Ownwell can assist by reviewing property assessments to identify potential overvaluations, ensuring homeowners are not overpaying. By filing appeals and securing exemptions, Ownwell helps clients reduce their tax bills, providing significant annual savings and financial relief.

Property Tax Bills Across Daniel Island, Berkeley County, South Carolina

Source: Ownwell

$713

$2,892

$5,070

Median Daniel Island Tax Bill

$5,070

Median Berkeley County Tax Bill

$1,364

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Daniel Island, Berkeley County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29492	$2,184	$3,240	$5,070	$8,385	$13,790

Source: Ownwell