Edgefield, Edgefield County, South Carolina Property Taxes
Median Edgefield, SC effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Edgefield, SC home value: $78,177
Median annual Edgefield, SC tax bill: $497, $1,903 lower than the national median property tax bill of $2,400.
How are property taxes in Edgefield calculated?
Property taxes in Edgefield, 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 Edgefield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edgefield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Edgefield, Edgefield 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
$436
$405
Property Tax Rates Across Edgefield, Edgefield County, South Carolina
Local government entities in South Carolina, including Edgefield County, determine property tax rates, which can differ significantly across the state. Each year, counties calculate their necessary budgets to fund public services and divide that by the total assessed value of all taxable properties within their borders. This process establishes the property tax rate. Although setting tax rates and budgets involves votes and legislative measures, this is the basic annual procedure.
In Edgefield, the effective property tax rate is notably lower compared to other cities in South Carolina and the national median. The state's median property tax rate is also below the national median, offering some relief to property owners. These differences highlight the variability in tax burdens across different regions, influenced by local budgetary needs and property values. For property owners in Edgefield, understanding these rates is crucial for financial planning and budgeting. By comparing Edgefield's property tax rate with other cities in South Carolina and the national median, residents can gain insight into their tax obligations and how they stack up against broader trends.
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 Edgefield 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 Edgefield County Tax Rate
0.54%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Edgefield, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29824 | 0.29% | 0.44% | 0.55% | 0.81% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Edgefield, Edgefield County, South Carolina
When examining property taxes in Edgefield, 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 Edgefield 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 Edgefield 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 Edgefield.
For example, the median home price in Edgefield is $78,177, with tax bills ranging significantly across the county. Zip code 29824 has the highest median home price at $78,177.
Property Tax Assessment Values Across Edgefield, Edgefield County, South Carolina
Source: Ownwell
$31,682
$94,598
$157,514
Median Edgefield Market Value
$79,297
Median Edgefield County Market Value
$85,183
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Edgefield, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29824 | $8,000 | $28,249 | $79,297 | $162,322 | $258,517 |
Source: Ownwell
Property Tax Bills Across Edgefield, Edgefield County, South Carolina
Median Edgefield Tax Bill
$533
Median Edgefield County Tax Bill
$578
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Edgefield, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29824 | $100 | $241 | $533 | $879 | $1,271 |
Source: Ownwell