Cross Anchor, Spartanburg County, South Carolina Property Taxes
Median Cross Anchor, SC effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Cross Anchor, SC home value: $66,100
Median annual Cross Anchor, SC tax bill: $413, $1,987 lower than the national median property tax bill of $2,400.
How are property taxes in Spartanburg County calculated?
Property taxes in Cross Anchor, 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 Cross Anchor's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cross Anchor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cross Anchor, Spartanburg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$476
$442
Property Tax Rates Across Cross Anchor, Spartanburg County, South Carolina
Local government entities set property tax rates, which can vary significantly within a state. 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 results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.
In Cross Anchor, located in Spartanburg County, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This makes it an attractive location for property owners who seek lower property tax burdens compared to the national average. With the median property tax rate in South Carolina being 0.72%, Cross Anchor aligns with the state's trend of maintaining rates below the national median. This can be particularly appealing for prospective homeowners and investors looking for more affordable property tax rates. By understanding the local tax landscape, property owners in Cross Anchor can better manage their expenses and maximize their investment potential.
Property Tax Rates Across Cross Anchor, Spartanburg County, South Carolina
Source: Ownwell
0.53%
1.08%
1.62%
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 Cross Anchor Tax Rate
0.72%
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 Spartanburg County Tax Rate
0.68%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cross Anchor, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29331 | 0.26% | 0.46% | 0.72% | 2.05% | 4.37% |
Source: Ownwell
Property Tax Assessment Values Across Cross Anchor, Spartanburg County, South Carolina
When examining property taxes in Cross Anchor, 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 Spartanburg 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 Spartanburg 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 Cross Anchor. For example, the median home price in Cross Anchor is $66,100, with tax bills ranging significantly across the county. Zip code 29331 has the highest median home price at $66,100.
Property Tax Assessment Values Across Cross Anchor, Spartanburg County, South Carolina
Source: Ownwell
$47,300
$181,275
$315,250
Median Cross Anchor Market Value
$66,100
Median Spartanburg County Market Value
$189,700
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cross Anchor, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29331 | $3,340 | $19,100 | $66,100 | $125,200 | $154,418 |
Source: Ownwell
Property Tax Bills Across Cross Anchor, Spartanburg County, South Carolina
Property Tax Bills Across Cross Anchor, Spartanburg County, South Carolina
Source: Ownwell
$413
$1,277
$2,140
Median Cross Anchor Tax Bill
$413
Median Spartanburg County Tax Bill
$1,340
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Cross Anchor, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29331 | $70 | $140 | $413 | $1,092 | $1,917 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Spartanburg Tax Assessor | |
| Website | www.spartanburgcounty.org |