Florence, Darlington County, South Carolina Property Taxes
Median Florence, SC effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Florence, SC home value: $52,800
Median annual Florence, SC tax bill: $519, $1,881 lower than the national median property tax bill of $2,400.
How are property taxes in Darlington County calculated?
Property taxes in Florence, 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 Florence’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Florence, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Florence, Darlington County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$528
$490
Ownwell’s Florence Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Florence with just two data points.
By entering your property's estimated assessed value, our calculator applies Florence’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 Darlington County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Florence, Darlington County, South Carolina
Local government entities set tax rates, which can vary widely within a state. This variation stems from each county's annual budget estimation process. Each county determines its required budget to provide essential 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 influence the setting of tax rates and budgets, this is the fundamental annual process.
Florence in Darlington, SC, presents a unique case in property tax rates. The effective property tax rate here is slightly below the national median of 1.02%, offering a more affordable option for property owners. Compared to the highest and lowest median tax rates within the state, Florence maintains a competitive stance. With the highest median tax rate in the state at 1.00% and the lowest at 0.98%, Florence provides a balanced opportunity for property investment. This comparison highlights Florence's advantageous position in the property tax landscape, making it an attractive choice for those looking to optimize their property tax expenses.
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 Florence Tax Rate
1.00%
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 Darlington County Tax Rate
1.00%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Florence, Darlington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29501 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
| 29506 | 0.83% | 0.93% | 0.98% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Florence, Darlington County, South Carolina
When examining property taxes in Florence, 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 Darlington 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 Darlington 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 Florence. For example, the median home price in Florence is $52,800, with tax bills ranging significantly across the county. Zip code 29506 has the highest median home price at $266,200.
Property Tax Assessment Values Across Florence, Darlington County, South Carolina
Source: Ownwell
$34,400
$150,300
$266,200
Median Florence Market Value
$52,800
Median Darlington County Market Value
$53,600
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Florence, Darlington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29501 | $4,900 | $11,650 | $52,100 | $115,700 | $247,600 |
| 29506 | $52,800 | $154,450 | $266,200 | $345,750 | $466,280 |
Source: Ownwell
Property Tax Bills Across Florence, Darlington County, South Carolina
Property Tax Bills Across Florence, Darlington County, South Carolina
Source: Ownwell
$340
$1,441
$2,542
Median Florence Tax Bill
$519
Median Darlington County Tax Bill
$513
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Florence, Darlington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29501 | $49 | $116 | $512 | $1,086 | $2,363 |
| 29506 | $953 | $1,439 | $2,542 | $3,298 | $4,501 |
Source: Ownwell
