Property Taxes in Timmonsville, South Carolina
Median Timmonsville, South Carolina effective property tax rate: 0.40%, significantly lower than the national median of 1.02%, and lower than the South Carolina state median of 0.66%.
Median Timmonsville, South Carolina home value: $108,455
Median annual Timmonsville, South Carolina tax bill: $546, lower than the national median property tax bill of $2,400.
How are property taxes in Florence calculated?
Property taxes in Timmonsville, South Carolina 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 Timmonsville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Timmonsville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Timmonsville Property Tax Calculator Work?
Use this Timmonsville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Timmonsville's median effective tax rate of 0.40% — based on actual property records in Florence County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Timmonsville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Timmonsville: rates range from 0.40% in 29161 to 0.40% in 29161, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Timmonsville.
About Timmonsville Property Taxes
About Property Taxes in Timmonsville, Florence, South Carolina
Timmonsville’s median effective property tax rate of 0.40% is lower than the South Carolina state median of 0.66% and lower than the national median of 1.02%. This rate reflects the Florence County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Timmonsville. Homeowners in the 29161 ZIP code carry a median effective rate of 0.40%, while those in the same ZIP code pay 0.40%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Florence County. Understanding which part of Timmonsville you live in can make a meaningful difference to your annual tax bill.
Timmonsville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before January 15, 2027.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Timmonsville, Florence County, South Carolina
As noted earlier, 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 Timmonsville'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 Timmonsville, Florence County, South Carolina
Source: Ownwell
0.28%
0.46%
0.63%
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 Timmonsville Tax Rate
0.40%
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 County Tax Rate
0.41%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Timmonsville, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29161 | 0.19% | 0.33% | 0.40% | 1.71% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Timmonsville, Florence County, South Carolina
When examining property taxes in Timmonsville, 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 Florence 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 Florence County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Timmonsville.
For example, the median home price in Timmonsville is $108,455, with tax bills ranging significantly across the county. 29161 has the highest median home price at $108,455.
Property Tax Assessment Values Across Timmonsville, Florence County, South Carolina
Source: Ownwell
$70,804
$131,139
$191,473
Median Timmonsville Market Value
$108,455
Median Florence County Market Value
$117,803
Median South Carolina Market Value
$188,850
Median United States Market Value
$274,101
Property Tax Assessment Values Across Timmonsville, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29161 | $16,729 | $51,415 | $108,455 | $195,748 | $310,321 |
Source: Ownwell
Property Tax Bills Across Timmonsville, Florence County, South Carolina
Property tax bills in Timmonsville are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for the bill, so changes in home value can directly affect what homeowners owe. For a home with a median price of $108,455, the tax bill can vary depending on how the property is assessed and which exemptions may apply.
In Florence County, the median property tax bill in Timmonsville is $546.00, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Bills can still range widely, with the 25th percentile at $267 and the 90th percentile at $1,664. That spread shows how property characteristics and assessments can create very different tax outcomes for homeowners in the same city.
Median Timmonsville Tax Bill
$546
Median Florence County Tax Bill
$583
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$3,209
Property Tax Bills Across Timmonsville, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29161 | $116 | $267 | $546 | $1,047 | $1,664 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Florence Tax Assessor | |
| Website | www.qpublic.net |