Kinards, Laurens County, South Carolina Property Taxes
Median Kinards, SC effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Kinards, SC home value: $56,575
Median annual Kinards, SC tax bill: $387, $2,013 lower than the national median property tax bill of $2,400.
How are property taxes in Laurens County calculated?
Property taxes in Kinards, 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 Kinards's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kinards, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kinards, Laurens County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$436
$404
Property Tax Rates Across Kinards, Laurens County, South Carolina
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. This variation occurs because each county annually determines its budgetary needs for public services and divides this by the total assessed value of all taxable properties within its boundaries, resulting in the property tax rate. Although the process involves voting and legal stipulations, this is the basic annual procedure.
For a clearer perspective, you can compare Kinards’ effective property tax rate to those in other cities across South Carolina, as well as the median property tax rates in South Carolina and nationwide. Kinards, located in Laurens County, reflects a property tax rate that is lower than the national median. This can be advantageous for property owners in the area, as the lower tax rate can result in significant savings compared to regions with higher rates. Understanding these nuances can help property owners make informed decisions about their investments and financial planning.
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 Kinards Tax Rate
0.77%
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 Kinards, Laurens County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29355 | 0.26% | 0.47% | 0.77% | 1.25% | 2.57% |
Source: Ownwell
Property Tax Assessment Values Across Kinards, Laurens County, South Carolina
When examining property taxes in Kinards, 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 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 Kinards. For example, the median home price in Kinards is $56,575, with tax bills ranging significantly across the county. Zip code 29355 has the highest median home price at $56,575.
Property Tax Assessment Values Across Kinards, Laurens County, South Carolina
Source: Ownwell
$37,700
$129,850
$222,000
Median Kinards Market Value
$56,575
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 Kinards, Laurens County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29355 | $5,000 | $17,525 | $56,575 | $114,725 | $214,645 |
Source: Ownwell
Property Tax Bills Across Kinards, Laurens County, South Carolina
Median Kinards Tax Bill
$387
Median Laurens County Tax Bill
$513
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Kinards, Laurens County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29355 | $86 | $169 | $387 | $808 | $1,318 |
Source: Ownwell