Honea Path, Laurens County, South Carolina Property Taxes
Median Honea Path, SC effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Honea Path, SC home value: $45,000
Median annual Honea Path, SC tax bill: $315, $2,085 lower than the national median property tax bill of $2,400.
How are property taxes in Laurens County calculated?
Property taxes in Honea Path, 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 Honea Path's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Honea Path, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Honea Path, Laurens County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$315
$292
Property Tax Rates Across Honea Path, Laurens County, South Carolina
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its necessary budget to provide services and divides that by the total value of all taxable property in its area, resulting in the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is the basic yearly procedure.
You can compare Honea Path's effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S. Honea Path, located in Laurens County, offers a property tax rate lower than the county's average. The median property tax rate in South Carolina is notably below the national median of 1.02%. This makes it an attractive location for property owners seeking lower tax liabilities. Laurens County, where Honea Path is situated, benefits from a consistent tax rate, which is advantageous for homeowners and prospective buyers. Understanding these dynamics can help homeowners and potential buyers make informed decisions about their property investments.
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 Honea Path Tax Rate
0.70%
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 Laurens County Tax Rate
0.75%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Honea Path, Laurens County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29654 | 0.20% | 0.39% | 0.70% | 1.50% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Honea Path, Laurens County, South Carolina
When examining property taxes in Honea Path, 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 Laurens 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 Laurens 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 Honea Path. For example, the median home price in Honea Path is $45,000, with tax bills ranging significantly across the county. 29654 has the highest median home price at $45,000.
Property Tax Assessment Values Across Honea Path, Laurens County, South Carolina
Source: Ownwell
$37,700
$129,850
$222,000
Median Honea Path Market Value
$45,000
Median Laurens County Market Value
$68,500
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Honea Path, Laurens County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29654 | $6,000 | $16,000 | $45,000 | $104,775 | $208,110 |
Source: Ownwell
Property Tax Bills Across Honea Path, Laurens County, South Carolina
Median Honea Path Tax Bill
$315
Median Laurens County Tax Bill
$513
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Honea Path, Laurens County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29654 | $65 | $139 | $315 | $756 | $1,149 |
Source: Ownwell