Dillon, Horry County, South Carolina Property Taxes
Median Dillon, SC effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Dillon, SC home value: $135,000
Median annual Dillon, SC tax bill: $600, $1,800 lower than the national median property tax bill of $2,400.
How are property taxes in Horry calculated?
Property taxes in Dillon, 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 Dillon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dillon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dillon, Horry County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.44%
Estimate Property Tax Bill
$594
$551
Property Tax Rates Across Dillon, Horry County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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 Dillon’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
Dillon, located in Horry County, boasts an effective property tax rate of 0.44%, significantly lower than the national median rate of 1.02%. This means homeowners in Dillon generally enjoy lower property tax bills compared to the national average. South Carolina as a whole also benefits from relatively low property taxes, making it an attractive option for property owners. However, it's essential for homeowners in Dillon and across the state to stay informed about potential changes in tax rates, as local government decisions can impact property taxes annually.
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 Dillon Tax Rate
0.44%
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 Horry County Tax Rate
0.81%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dillon, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29536 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dillon, Horry County, South Carolina
When examining property taxes in Dillon, 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 Horry County Assessor's Office 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 Horry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Dillon.
For example, the median home price in Dillon is $135,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Dillon, Horry County, South Carolina
Source: Ownwell
$77,000
$163,560
$250,120
Median Dillon Market Value
$135,000
Median Horry County Market Value
$160,000
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dillon, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29536 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dillon, Horry County, South Carolina
In Dillon, located in Horry County, South Carolina, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in Dillon face a median property tax bill of $600, significantly lower than the national median of $2,400. This is due to South Carolina's relatively low property tax rate, which is below the national median rate of 1.02%. Factors influencing property tax bills include the home's assessed value and local tax rates set by the county. These rates can vary annually based on budgetary needs and public services funding. For homeowners, understanding these components is crucial as they directly impact their annual financial obligations.
Ownwell offers expert property tax consulting services to help Dillon homeowners potentially reduce their tax bills. By analyzing property assessments and identifying possible discrepancies or exemptions, Ownwell can assist in appealing inflated assessments, ensuring homeowners pay only their fair share. This service not only provides potential savings but also offers peace of mind knowing that property taxes are accurately assessed.
Median Dillon Tax Bill
$600
Median Horry County Tax Bill
$1,084
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Dillon, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29536 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell