Fairfax, Hampton County, South Carolina Property Taxes

Name: Property Tax Bills Across Fairfax, Hampton County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fairfax, SC effective property tax rate: 2.37%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Fairfax, SC home value: $11,000
Median annual Fairfax, SC tax bill: $288, $2,112 lower than the national median property tax bill of $2,400.

How are property taxes in Hampton calculated?

Property taxes in Fairfax, 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 Fairfax’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairfax, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fairfax, Hampton County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.37%

Estimate Property Tax Bill

$261

$242

Ownwell’s Fairfax Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fairfax with just two data points. By entering your property's estimated assessed value, our calculator applies Fairfax’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 Hampton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fairfax, Hampton County, South Carolina

Local government entities determine tax rates, which can significantly differ across a state. Each year, counties estimate the budget necessary to fund services and divide it by the total assessed value of all taxable property within their area. This process establishes the property tax rate. Although votes and laws play roles in setting these rates and budgets, this is essentially how it works annually.

In Fairfax, located in Hampton County, the effective property tax rate is a critical factor for homeowners. Compared to other cities in South Carolina, Fairfax stands out with its property tax rate. The median property tax rate in South Carolina is notably higher than the national median of 1.02%. This comparison highlights the importance of understanding local tax obligations. Homeowners in Fairfax must navigate these rates, which can impact their financial planning and property investment decisions. By being informed about local tax rates, residents can make better decisions regarding property ownership and management.

Property Tax Rates Across Fairfax, Hampton County, South Carolina

Source: Ownwell

0.99%

2.05%

3.12%

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 Fairfax Tax Rate

2.37%

Median Effective Hampton County Tax Rate

1.01%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fairfax, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29827	0.67%	0.99%	2.37%	2.99%	3.00%

Source: Ownwell

Property Tax Assessment Values Across Fairfax, Hampton County, South Carolina

When examining property taxes in Fairfax, 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 Hampton 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 Hampton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fairfax. For example, the median home price in Fairfax is $11,000, with tax bills ranging significantly across the county. Zip code 29827 has the highest median home price at $11,000.

Property Tax Assessment Values Across Fairfax, Hampton County, South Carolina

Source: Ownwell

$8,500

$28,900

$49,300

Median Fairfax Market Value

$11,000

Median Hampton County Market Value

$23,800

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fairfax, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29827	$1,790	$6,600	$11,000	$41,600	$88,385

Source: Ownwell

Property Tax Bills Across Fairfax, Hampton County, South Carolina

In Fairfax, located in Hampton County, South Carolina, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Homeowners in Fairfax experience property tax bills that can vary significantly. For instance, the 25th percentile tax bill is $230, while the 75th percentile reaches $783, and the 90th percentile climbs to $1,990. These figures highlight the variability in tax obligations depending on property value and location within the county. Compared to the national median property tax bill of $2,400, Fairfax homeowners generally pay less, but the impact on household budgets can still be substantial. Ownwell assists homeowners by offering property tax appeal and exemption services. By analyzing property assessments and market trends, Ownwell can help identify opportunities for tax reductions, potentially saving homeowners hundreds of dollars annually. This service ensures that taxpayers in Fairfax are not overpaying and are receiving all eligible exemptions.

Property Tax Bills Across Fairfax, Hampton County, South Carolina

Source: Ownwell

$115

$486

$857

Median Fairfax Tax Bill

$288

Median Hampton County Tax Bill

$543

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairfax, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29827	$121	$230	$288	$783	$1,990

Source: Ownwell