Garden City, Horry County, South Carolina Property Taxes
Median Garden City, SC effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%. Median Garden City, SC home value: $414,110. Median annual Garden City, SC tax bill: $5,331, $2,931 higher than the national median property tax bill of $2,400.
How are property taxes in Horry calculated? Property taxes in Garden City, 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 Garden City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Garden City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Garden City, Horry County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$5,342
$4,957
Property Tax Rates Across Garden City, Horry County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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.
Garden City in Horry County, South Carolina, offers a unique perspective on property tax rates. The effective property tax rate here is a point of interest when compared to other cities within South Carolina and the national landscape. The median property tax rate in South Carolina is 0.57%, significantly lower than the national median of 1.02%. However, Garden City's rate is more aligned with the state's median than the national figures, reflecting the local government's approach to budgeting and service provision. Understanding these differences is crucial for property owners seeking to optimize their tax liabilities. By examining these rates, property owners can better navigate the complexities of property tax appeals and exemptions, ensuring they are not overpaying on their property taxes.
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 Garden City Tax Rate
1.29%
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 Garden City, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29576 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Garden City, Horry County, South Carolina
When examining property taxes in Garden City, SC, 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 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 Garden City. For example, the median home price in Garden City is $414,110, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Garden City, Horry County, South Carolina
Source: Ownwell
$77,000
$163,560
$250,120
Median Garden City Market Value
$414,110
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 Garden City, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29576 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Garden City, Horry County, South Carolina
In Garden City, located in Horry County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $414,110, and the property tax bills vary significantly. For instance, homeowners at the 25th percentile pay around $4,197, while those at the 75th percentile face bills of $6,286. At the 90th percentile, the tax bill can reach $7,337, significantly higher than the national median property tax bill of $2,400.
These variations in tax bills are influenced by factors such as property size, location, and any applicable exemptions. High property tax bills can place a considerable financial burden on homeowners. Ownwell offers a solution by providing property tax appeal and exemption services, potentially reducing these bills. By analyzing individual property assessments and comparing them to similar properties, Ownwell identifies opportunities for savings, ensuring homeowners only pay their fair share.
Median Garden City Tax Bill
$5,331
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 Garden City, Horry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29576 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell