Ridge Spring, Aiken County, South Carolina Property Taxes
Median Ridge Spring, SC effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Ridge Spring, SC home value: $19,862
Median annual Ridge Spring, SC tax bill: $167, $2,233 lower than the national median property tax bill of $2,400.
How are property taxes in Aiken County calculated?
Property taxes in Ridge Spring, 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 Ridge Spring’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ridge Spring, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ridge Spring, Aiken County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.81%
Estimate Property Tax Bill
$307
$285
Property Tax Rates Across Ridge Spring, Aiken County, South Carolina
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 Ridge Spring Tax Rate
0.81%
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 Aiken County Tax Rate
0.48%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ridge Spring, Aiken County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | 0.30% | 0.46% | 0.81% | 1.60% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Ridge Spring, Aiken County, South Carolina
When examining property taxes in Ridge Spring, 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 Aiken 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 Aiken 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 Ridge Spring. For example, the median home price in Ridge Spring is $19,862, with tax bills ranging significantly across the county. Zip code 29129 has the highest median home price at $19,862.
Property Tax Assessment Values Across Ridge Spring, Aiken County, South Carolina
Source: Ownwell
$18,350
$121,643
$224,935
Median Ridge Spring Market Value
$37,860
Median Aiken County Market Value
$126,165
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ridge Spring, Aiken County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | $4,920 | $11,460 | $37,860 | $110,080 | $193,510 |
Source: Ownwell
Property Tax Bills Across Ridge Spring, Aiken County, South Carolina
In Ridge Spring, South Carolina, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. The median home price in Ridge Spring is $19,862, significantly lower than the national median. Homeowners in this area typically see tax bills ranging from $90 at the 25th percentile to $976 at the 90th percentile. The highest and lowest median tax bills in Ridge Spring are both $167, which is considerably below the national median property tax bill of $2,400.
Factors influencing the tax bill include the property's assessed value and local tax rates set by Aiken County. These rates fund essential services like schools and public safety. High property taxes can strain homeowners, but appealing your assessment can lead to savings. Ownwell specializes in property tax appeal services, helping homeowners potentially reduce their tax bills by identifying discrepancies in assessments or qualifying for exemptions. By leveraging expert knowledge, Ownwell ensures homeowners pay only what is fair, maximizing their savings.
Median Ridge Spring Tax Bill
$259
Median Aiken County Tax Bill
$639
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Ridge Spring, Aiken County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29129 | $78 | $115 | $259 | $703 | $1,217 |
Source: Ownwell