Property Taxes in Silverstreet, South Carolina
Median Silverstreet, South Carolina effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, and lower than the South Carolina state median of 0.66%.
Median Silverstreet, South Carolina home value: $52,100
Median annual Silverstreet, South Carolina tax bill: $464, lower than the national median property tax bill of $2,400.
How are property taxes in Newberry calculated?
Property taxes in Silverstreet, 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 Silverstreet's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silverstreet, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Silverstreet Property Tax Calculator Work?
Use this Silverstreet property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Silverstreet's median effective tax rate of 0.76% — based on actual property records in Newberry County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Silverstreet'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 Silverstreet: rates range from 0.76% in 29145 to 0.76% in 29145, 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 Silverstreet.
About Silverstreet Property Taxes
About Property Taxes in Silverstreet, Newberry, South Carolina
Silverstreet’s median effective property tax rate of 0.76% is lower than the South Carolina state median of 0.66% and lower than the national median of 1.02%. This rate reflects the Newberry 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 Silverstreet. Homeowners in the 29145 ZIP code carry a median effective rate of 0.76%, while those in the lowest ZIP also pay 0.76%. This spread reflects how school district boundaries and local assessment districts are drawn across Newberry County. Understanding which part of Silverstreet you live in can make a meaningful difference to your annual tax bill.
Silverstreet homeowners who believe their assessed value is too high can file a formal appeal with the 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 Silverstreet, Newberry 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 Silverstreet's effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
Property Tax Rates Across Silverstreet, Newberry County, South Carolina
Source: Ownwell
0.76%
0.98%
1.20%
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 Silverstreet Tax Rate
0.76%
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 Newberry County Tax Rate
0.77%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Silverstreet, Newberry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29145 | 0.45% | 0.72% | 0.76% | 0.81% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Silverstreet, Newberry County, South Carolina
When examining property taxes in Silverstreet, 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 Newberry 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 Newberry 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. For example, the median home price in Silverstreet is $52,100, with tax bills ranging significantly across the county. 29145 has the highest median home price at $52,100.
Property Tax Assessment Values Across Silverstreet, Newberry County, South Carolina
Source: Ownwell
$34,600
$215,875
$397,150
Median Silverstreet Market Value
$52,100
Median Newberry County Market Value
$73,100
Median South Carolina Market Value
$188,850
Median United States Market Value
$274,101
Property Tax Assessment Values Across Silverstreet, Newberry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29145 | $6,040 | $14,700 | $52,100 | $124,850 | $174,960 |
Source: Ownwell
Property Tax Bills Across Silverstreet, Newberry County, South Carolina
Property tax bills in Silverstreet are based on the assessed value of a home and the local tax rate set for Newberry County. When a property’s market value changes, the assessed value can change too, which affects the final bill. For homeowners in Silverstreet, the median home price is $52,100, and the median property tax bill is $464.00, which is well below the national median property tax bill of $2,400.
Several factors can influence what a homeowner pays, including the home’s assessed value, any exemptions that may apply, and the local millage rate. Bills can vary widely even within the same area, with the 25th percentile at $141 and the 90th percentile at $1,575. That means some homeowners pay much less than others depending on how their property is valued and taxed.
Because property taxes are tied to home value, a higher assessment can lead to a higher bill and a bigger impact on monthly housing costs.
Property Tax Bills Across Silverstreet, Newberry County, South Carolina
Source: Ownwell
$464
$1,678
$2,892
Median Silverstreet Tax Bill
$464
Median Newberry County Tax Bill
$829
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$3,209
Property Tax Bills Across Silverstreet, Newberry County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29145 | $64 | $141 | $464 | $978 | $1,575 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 1 |
Links | |
|---|---|
| Newberry Tax Assessor | |
| Website | qpublic.schneidercorp.com |