Eastover, Richland County, South Carolina Property Taxes
Median Eastover, SC effective property tax rate: 2.60%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%. Median Eastover, SC home value: $21,300. Median annual Eastover, SC tax bill: $518, $1,882 lower than the national median property tax bill of $2,400.
How are property taxes in Richland calculated?
Property taxes in Eastover, 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 Eastover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eastover, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Eastover, Richland County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.32%
Estimate Property Tax Bill
$977
$907
Property Tax Rates Across Eastover, Richland County, South Carolina
Local government entities determine property tax rates, which can differ significantly across a state. This variation occurs because each county annually estimates its budgetary needs for public services and divides this by the total assessed value of all taxable properties within the area. This calculation results in the property tax rate. While votes and legislation play roles in establishing these rates and budgets, this is essentially the yearly process.
In Eastover, located in Richland County, South Carolina, the effective property tax rate is a notable figure. When compared to other cities in South Carolina and the national median property tax rate of 1.02%, Eastover's rate stands out. The median property tax rate in South Carolina is significantly lower than the national average, making it an attractive location for property owners seeking lower tax burdens. Eastover's property tax rate is also the highest and lowest within its zip code, highlighting the uniformity within the area. For property owners in Eastover, understanding how these rates are calculated and how they compare to other regions can be crucial for financial planning and making informed decisions about 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 Eastover Tax Rate
1.32%
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 Richland County Tax Rate
0.72%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eastover, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29044 | 0.43% | 0.62% | 1.32% | 2.52% | 3.92% |
Source: Ownwell
Property Tax Assessment Values Across Eastover, Richland County, South Carolina
When examining property taxes in Eastover, 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 Richland 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.
In Richland 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 Eastover. For example, the median home price in Eastover is $21,300, with tax bills ranging significantly across the county. Zip code 29044 has the highest median home price at $21,300.
Property Tax Assessment Values Across Eastover, Richland County, South Carolina
Source: Ownwell
$62,600
$228,400
$394,200
Median Eastover Market Value
$74,050
Median Richland County Market Value
$203,700
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eastover, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29044 | $8,300 | $15,800 | $74,050 | $136,800 | $223,050 |
Source: Ownwell
Property Tax Bills Across Eastover, Richland County, South Carolina
In Eastover, located in Richland County, South Carolina, property tax bills play a crucial role in determining homeowners' annual expenses. The tax bill is calculated based on the assessed value of the property, which is a percentage of its market value. In South Carolina, the assessed value for residential properties is typically 4% of the market value. This assessed value is then multiplied by the local tax rate to determine the final tax bill. For homeowners in Eastover, the median property tax bill is $518, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $290 and the 90th percentile reaching up to $1,759, reflecting differences in property values and tax rates.
Ownwell offers valuable services to help homeowners in Eastover reduce their property tax bills. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist in filing appeals for over-assessed properties, potentially lowering tax liabilities and providing financial relief to homeowners.
Median Eastover Tax Bill
$671
Median Richland County Tax Bill
$1,651
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Eastover, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29044 | $224 | $386 | $671 | $1,213 | $2,093 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 23 |
Links | |
|---|---|
| Richland Tax Assessor | |
| Website | property.spatialest.com |