Property Taxes in Swansea, South Carolina
Median Swansea, South Carolina effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, and lower than the South Carolina state median of 0.66%.
Median Swansea, South Carolina home value: $58,556
Median annual Swansea, South Carolina tax bill: $425, $1,975 lower than the national median property tax bill of $2,400.
How are property taxes in Lexington calculated?
Property taxes in Swansea, South Carolina 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 Swansea's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Swansea, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Swansea Property Tax Calculator Work?
Use this Swansea property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Swansea's median effective tax rate of 0.44% — based on actual property records in Lexington County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Swansea's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Swansea: rates range from 0.44% in 29160 to 0.44% in 29160, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Swansea.
About Swansea Property Taxes
About Property Taxes in Swansea, Lexington, South Carolina
Swansea's median effective property tax rate of 0.44% is lower than the South Carolina state median of 0.66% and lower than the national median of 1.02%. This rate reflects the Lexington County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Swansea. Homeowners in the 29160 ZIP code carry a median effective rate of 0.44%, while those in the same ZIP pay 0.44%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Lexington County. Understanding which part of Swansea you live in can make a meaningful difference to your annual tax bill.
Swansea homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the January 15, 2027 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Swansea, Lexington County, South Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Swansea's effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Swansea Tax Rate
0.44%
Our median effective property tax rate (tax bill Ă· 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 Lexington County Tax Rate
0.60%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Swansea, Lexington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29160 | 0.22% | 0.36% | 0.44% | 2.75% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Swansea, Lexington County, South Carolina
When examining property taxes in Swansea, 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 Lexington 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.
Assessment notices:
In Lexington County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Swansea.
For example, the median home price in Swansea is $58,556, with tax bills ranging significantly across the county. 29160 has the highest median home price at $58,556.
Property Tax Assessment Values Across Swansea, Lexington County, South Carolina
Source: Ownwell
$21,160
$158,080
$295,000
Median Swansea Market Value
$58,556
Median Lexington County Market Value
$157,196
Median South Carolina Market Value
$188,850
Median United States Market Value
$274,101
Property Tax Assessment Values Across Swansea, Lexington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29160 | $12,600 | $24,880 | $58,556 | $124,958 | $197,915 |
Source: Ownwell
Property Tax Bills Across Swansea, Lexington County, South Carolina
Property tax bills in Swansea are based on the assessed value of a home, which is then multiplied by the local tax rate. For a home with a median market value of $58,556, the bill can vary widely depending on the property’s assessment and the taxing authorities that apply to it.
Homeowners with lower tax bills may pay around $211, while those with higher bills may see amounts near $780 or even $1,517. In Swansea, the median property tax bill is $425.00, and that figure is the same in the ZIP code with both the highest and lowest median tax bill, 29160.
Several factors affect the final bill, including market value, assessment practices, and local tax rates. Because property taxes are tied to home value and local budgets, a higher assessment can increase a homeowner’s annual bill, even if the home has not changed much.
Median Swansea Tax Bill
$425
Median Lexington County Tax Bill
$1,084
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$3,209
Property Tax Bills Across Swansea, Lexington County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29160 | $74 | $211 | $425 | $780 | $1,517 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | October 18 |
Links | |
|---|---|
| Lexington Tax Assessor | |
| Website | www.lex-co.com |