Wedgefield, Sumter County, South Carolina Property Taxes

Name: Property Tax Bills Across Wedgefield, Sumter County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Wedgefield, SC effective property tax rate: 1.89%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Wedgefield, SC home value: $12,000
Median annual Wedgefield, SC tax bill: $175, $2,225 lower than the national median property tax bill of $2,400.

How are property taxes in Sumter calculated?

Property taxes in Wedgefield, 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 Wedgefield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wedgefield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wedgefield, Sumter County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$306

$284

Ownwell’s Wedgefield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wedgefield with just two data points. By entering your property's estimated assessed value, our calculator applies Wedgefield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Sumter County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wedgefield, Sumter County, South Carolina

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 Wedgefield’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 Wedgefield, Sumter County, South Carolina

Source: Ownwell

0.65%

1.01%

1.36%

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 Wedgefield Tax Rate

1.28%

Median Effective Sumter County Tax Rate

0.75%

Median Effective South Carolina Tax Rate

0.66%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wedgefield, Sumter County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29168	0.36%	0.64%	1.28%	2.68%	3.55%

Source: Ownwell

Property Tax Assessment Values Across Wedgefield, Sumter County, South Carolina

When examining property taxes in Wedgefield, 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 Sumter County Assessor's Office 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 Sumter 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 Wedgefield. For example, the median home price in Wedgefield is $12,000, with tax bills ranging significantly across the county. ZIP code 29168 has the highest median home price at $12,000.

Property Tax Assessment Values Across Wedgefield, Sumter County, South Carolina

Source: Ownwell

$23,876

$77,640

$131,404

Median Wedgefield Market Value

$23,876

Median Sumter County Market Value

$90,302

Median South Carolina Market Value

$188,850

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wedgefield, Sumter County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29168	$5,546	$7,783	$23,876	$76,581	$178,968

Source: Ownwell

Property Tax Bills Across Wedgefield, Sumter County, South Carolina

In Wedgefield, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as local government budgets, school funding, and public service needs influence the tax rate. Homeowners in Wedgefield experience a range of tax burdens, with bills at the 25th percentile around $93 and at the 90th percentile reaching $934. The median home price is $12,000, which results in relatively low property tax bills compared to the national median of $2,400. This can have a significant impact on homeowners, as lower property taxes may make homeownership more affordable. Ownwell assists homeowners in Wedgefield by offering property tax appeal services, potentially reducing their tax bills. By analyzing local assessments and market trends, Ownwell identifies opportunities for savings and guides homeowners through the appeal process, ensuring they pay only their fair share.

Property Tax Bills Across Wedgefield, Sumter County, South Carolina

Source: Ownwell

$261

$547

$832

Median Wedgefield Tax Bill

$261

Median Sumter County Tax Bill

$682

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Wedgefield, Sumter County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29168	$74	$141	$261	$621	$1,232

Source: Ownwell