Woodruff, Spartanburg County, South Carolina Property Taxes
Median Woodruff, SC effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the SC state median of 0.72%.
Median Woodruff, SC home value: $128,550
Median annual Woodruff, SC tax bill: $1087, $1313 lower than the national median property tax bill of $2,400.
How are property taxes in Spartanburg County calculated?
Property taxes in Woodruff, 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 Woodruff’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woodruff, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodruff, Spartanburg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$758
$704
Property Tax Rates Across Woodruff, Spartanburg County, South Carolina
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Woodruff, located in Spartanburg County, South Carolina, the effective property tax rate is a reflection of this process. The median property tax rate in South Carolina is notably lower than the national median of 1.02%. This makes Woodruff an attractive location for property owners seeking lower tax burdens. Comparing Woodruff’s tax rate to other cities in South Carolina, it aligns with the state's trend of maintaining comparatively low property taxes. This can be appealing for potential homeowners and investors looking for cost-effective real estate opportunities. Understanding these rates is crucial for anyone considering property investment or ownership in the area, as it directly impacts the overall cost of owning property.
Property Tax Rates Across Woodruff, Spartanburg County, South Carolina
Source: Ownwell
0.47%
1.01%
1.56%
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 Woodruff Tax Rate
0.59%
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
0.63%
Median Effective South Carolina Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Woodruff, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29388 | 0.28% | 0.45% | 0.59% | 1.03% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Woodruff, Spartanburg County, South Carolina
When examining property taxes in Woodruff, 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 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 May. 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 Woodruff. For example, the median home price in Woodruff is $128,550, with tax bills ranging significantly across the county. Zip code 29388 has the highest median home price at $128,550.
Property Tax Assessment Values Across Woodruff, Spartanburg County, South Carolina
Source: Ownwell
$29,300
$134,900
$240,500
Median Woodruff Market Value
$128,550
Median Spartanburg County Market Value
$171,600
Median South Carolina Market Value
$140,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Woodruff, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29388 | $13,500 | $36,800 | $128,550 | $250,075 | $379,590 |
Source: Ownwell
Property Tax Bills Across Woodruff, Spartanburg County, South Carolina
Property tax bills in Woodruff, located in Spartanburg County, SC, are determined by assessing the property's market value and applying the local tax rate. The median home price in Woodruff is $128,550, and the property tax bill varies significantly. For instance, the 25th percentile tax bill is $509, while the 75th percentile reaches $1,907, and the 90th percentile can go up to $2,682. This range indicates the variability in tax bills depending on property value assessments and local tax rates. Compared to the national median property tax bill of $2,400, Woodruff residents can experience lower tax burdens, although some homeowners may still face higher bills.
Ownwell offers valuable assistance to homeowners in Woodruff by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring accuracy, Ownwell helps homeowners reduce their tax liabilities. This service not only lowers annual expenses but also provides peace of mind, knowing that tax bills are fair and equitable. Homeowners can trust Ownwell to navigate the complexities of property tax regulations and optimize their savings.
Property Tax Bills Across Woodruff, Spartanburg County, South Carolina
Source: Ownwell
$329
$1,031
$1,732
Median Woodruff Tax Bill
$1,087
Median Spartanburg County Tax Bill
$1,309
Median South Carolina Tax Bill
$1,086
Median United States Tax Bill
$2,400
Property Tax Bills Across Woodruff, Spartanburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29388 | $170 | $509 | $1,087 | $1,907 | $2,682 |
Source: Ownwell