Chesnee, Cherokee County, South Carolina Property Taxes
Median Chesnee, SC effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Chesnee, SC home value: $87,250
Median annual Chesnee, SC tax bill: $395, $2,005 lower than the national median property tax bill of $2,400.
How are property taxes in Cherokee calculated?
Property taxes in Chesnee, 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 Chesnee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chesnee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chesnee, Cherokee County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$471
$437
Ownwell’s Chesnee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chesnee with just two data points.
By entering your property's estimated assessed value, our calculator applies Chesnee’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 Cherokee.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Chesnee, Cherokee County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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 Chesnee’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
In Chesnee, located in Cherokee County, the effective property tax rate is 0.54%. This is significantly lower than the national median property tax rate of 1.02%. The median property tax bill in Chesnee reflects this lower rate, offering residents a more affordable option compared to the national median bill of $2400. Such a favorable tax environment can be an attractive proposition for homeowners and potential buyers looking to settle in South Carolina. With a consistent tax rate across the county, Chesnee stands out as a cost-effective choice for property ownership.
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 Chesnee Tax Rate
0.54%
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 Cherokee County Tax Rate
0.43%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chesnee, Cherokee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29323 | 0.18% | 0.35% | 0.54% | 0.64% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Chesnee, Cherokee County, South Carolina
When examining property taxes in Chesnee, South Carolina, 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 Cherokee 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 Cherokee 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 Chesnee. For example, the median home price in Chesnee is $87,250, with tax bills ranging significantly across the county. Zip code 29323 has the highest median home price at $87,250.
Property Tax Assessment Values Across Chesnee, Cherokee County, South Carolina
Source: Ownwell
$54,300
$81,850
$109,400
Median Chesnee Market Value
$87,250
Median Cherokee County Market Value
$82,600
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chesnee, Cherokee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29323 | $12,500 | $33,800 | $87,250 | $159,450 | $251,730 |
Source: Ownwell
Property Tax Bills Across Chesnee, Cherokee County, South Carolina
Median Chesnee Tax Bill
$395
Median Cherokee County Tax Bill
$381
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Chesnee, Cherokee County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29323 | $67 | $201 | $395 | $912 | $1,555 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Cherokee Tax Assessor | |
| Website | qpublic.schneidercorp.com |