Ridge Spring, Edgefield County, South Carolina Property Taxes
Median Ridge Spring, SC effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Ridge Spring, SC home value: $130,844
Median annual Ridge Spring, SC tax bill: $622, $1,778 lower than the national median property tax bill of $2,400.
How are property taxes in Edgefield calculated?
Property taxes in Ridge Spring, 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 Ridge Spring’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ridge Spring, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ridge Spring, Edgefield County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$539
$500
Property Tax Rates Across Ridge Spring, Edgefield County, South Carolina
Local government entities set tax rates, which can vary widely within a state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
In Ridge Spring, located in Edgefield County, South Carolina, property taxes may seem more favorable when compared to other regions. The effective property tax rate here aligns with the county's median rate, offering a more affordable option than many areas across the nation. With a national median property tax rate of 1.02%, homeowners in Ridge Spring benefit from a significantly lower rate, providing some relief in their annual tax obligations. This can make Ridge Spring an attractive location for potential homeowners looking for manageable property tax expenses. As property tax rates directly impact the overall cost of homeownership, understanding these dynamics is crucial for making informed real estate decisions.
Property Tax Rates Across Ridge Spring, Edgefield County, South Carolina
Source: Ownwell
0.45%
0.52%
0.59%
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 Ridge Spring Tax Rate
0.52%
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 Ridge Spring, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | 0.30% | 0.41% | 0.52% | 0.67% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Ridge Spring, Edgefield County, South Carolina
When examining property taxes in Ridge Spring, 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.
Assessment notices:
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 Ridge Spring. For example, the median home price in Ridge Spring is $130,844, with tax bills ranging significantly across the county. Zip code 29129 has the highest median home price at $130,844.
Property Tax Assessment Values Across Ridge Spring, Edgefield County, South Carolina
Source: Ownwell
$31,682
$94,598
$157,514
Median Ridge Spring Market Value
$103,558
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 Ridge Spring, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | $25,508 | $46,991 | $103,558 | $186,328 | $241,237 |
Source: Ownwell
Property Tax Bills Across Ridge Spring, Edgefield County, South Carolina
In Ridge Spring, located in Edgefield County, SC, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in this area is $130,844, which influences the overall tax bill. Homeowners in Ridge Spring typically face a tax bill that ranges from the 25th percentile at $166 to the 90th percentile at $1,192. This variation is due to factors such as property size, location, and any applicable exemptions. Compared to the national median tax bill of $2,400, Ridge Spring residents generally experience lower property tax obligations, with the highest median tax bill recorded at $622 in the 29129 zip code.
Ownwell assists homeowners in Ridge Spring by identifying potential savings opportunities on their property tax bills. By evaluating the assessed value and ensuring all eligible exemptions are applied, Ownwell helps reduce the financial burden on homeowners. This service can result in significant savings, providing peace of mind and financial relief for property owners in the area.
Median Ridge Spring Tax Bill
$624
Median Edgefield County Tax Bill
$578
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Ridge Spring, Edgefield County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | $150 | $256 | $624 | $849 | $1,179 |
Source: Ownwell