Gadsden, Richland County, South Carolina Property Taxes
Median Gadsden, SC effective property tax rate: 2.43%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Gadsden, SC home value: $21,450
Median annual Gadsden, SC tax bill: $476, $1,924 lower than the national median property tax bill of $2,400.
How are property taxes in Richland calculated?
Property taxes in Gadsden, 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 Gadsden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gadsden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gadsden, Richland County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$789
$732
Property Tax Rates Across Gadsden, Richland County, South Carolina
Local government entities set tax rates, which can vary widely within a state. This is 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 Gadsden’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
In Gadsden, located in Richland County, the property tax rate is notably higher than the national median of 1.02%. This reflects the county's approach to funding essential services through property taxes. South Carolina itself presents a diverse range of property tax rates, with Gadsden's rate being among the highest in the state. When compared to the national median property tax bill of $2,400, property owners in Gadsden face a significantly higher financial obligation. Understanding these differences can help property owners in Gadsden make informed decisions about their property investments and tax appeal opportunities.
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 Gadsden Tax Rate
1.10%
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 Gadsden, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29052 | 0.43% | 0.58% | 1.10% | 2.53% | 4.34% |
Source: Ownwell
Property Tax Assessment Values Across Gadsden, Richland County, South Carolina
When examining property taxes in Gadsden, 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 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 Gadsden. For example, the median home price in Gadsden is $21,450, with tax bills ranging significantly across the county. Zip code 29052 has the highest median home price at $21,450.
Property Tax Assessment Values Across Gadsden, Richland County, South Carolina
Source: Ownwell
$62,600
$228,400
$394,200
Median Gadsden Market Value
$71,700
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 Gadsden, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29052 | $8,300 | $16,400 | $71,700 | $127,600 | $193,060 |
Source: Ownwell
Property Tax Bills Across Gadsden, Richland County, South Carolina
Median Gadsden Tax Bill
$588
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 Gadsden, Richland County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29052 | $211 | $386 | $588 | $1,042 | $1,804 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 23 |
Links | |
|---|---|
| Richland Tax Assessor | |
| Website | property.spatialest.com |