Tega Cay, York County, South Carolina Property Taxes

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

Median Tega Cay, SC effective property tax rate: 0.95%, slightly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Tega Cay, SC home value: $27,500
Median annual Tega Cay, SC tax bill: $261, $2,139 lower than the national median property tax bill of $2,400.

How are property taxes in York County calculated?

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

Last Updated March 1, 2025

Tega Cay, York County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$261

$242

Ownwell’s Tega Cay Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tega Cay with just two data points. By entering your property's estimated assessed value, our calculator applies Tega Cay’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 York County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tega Cay, York County, South Carolina

Local government entities determine property tax rates, which can vary significantly within South Carolina. This variation stems from each county's annual budget estimation, which is necessary to fund essential services. The budget is divided by the total value of all taxable properties within the county, resulting in the property tax rate. Although the process involves voting and legislation, this is the fundamental method for setting rates each year.

In Tega Cay, located in York County, the effective property tax rate is a key factor for property owners to consider. When compared to other cities in South Carolina, Tega Cay’s rate offers a unique perspective on local taxation. South Carolina’s median property tax rate is slightly below the national median, making it an attractive option for those looking to optimize their property tax expenses. By understanding how Tega Cay’s rate compares to both state and national averages, property owners can make informed decisions about their investments. This comparative analysis highlights the importance of staying informed about local tax rates and their impact on property ownership.

Property Tax Rates Across Tega Cay, York County, South Carolina

Source: Ownwell

0.50%

0.67%

0.85%

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 Tega Cay Tax Rate

0.95%

Median Effective York County Tax Rate

0.68%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tega Cay, York County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29708	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tega Cay, York County, South Carolina

When examining property taxes in Tega Cay, 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 York 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 York 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 Tega Cay.

For example, the median home price in Tega Cay is $27,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Tega Cay, York County, South Carolina

Source: Ownwell

$86,700

$219,036

$351,372

Median Tega Cay Market Value

$27,500

Median York County Market Value

$210,005

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tega Cay, York County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29708	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tega Cay, York County, South Carolina

In Tega Cay, located in York County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in Tega Cay is $27,500. The property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements and market conditions can influence the assessed value, impacting the tax bill. For homeowners, understanding these factors is crucial, as they directly affect the amount owed each year. The 25th percentile tax bill is $148, while the 75th percentile is $356, and the 90th percentile reaches $399. Compared to the national median property tax bill of $2,400, Tega Cay's property taxes are relatively low. However, Ownwell can assist homeowners in potentially lowering their tax bills further by identifying discrepancies in assessments or uncovering applicable exemptions. Through expert guidance and personalized strategies, Ownwell helps ensure homeowners pay only their fair share, maximizing savings on property taxes.

Property Tax Bills Across Tega Cay, York County, South Carolina

Source: Ownwell

$488

$1,616

$2,743

Median Tega Cay Tax Bill

$261

Median York County Tax Bill

$1,529

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Tega Cay, York County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29708	N/A	N/A	N/A	N/A	N/A

Source: Ownwell