Luray, Allendale County, South Carolina Property Taxes
Median Luray, SC effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Luray, SC home value: $25,400
Median annual Luray, SC tax bill: $360, $2,040 lower than the national median property tax bill of $2,400.
How are property taxes in Allendale calculated?
Property taxes in Luray, 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 Luray’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Luray, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Luray, Allendale County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$212
$196
Property Tax Rates Across Luray, Allendale 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 Luray Tax Rate
0.90%
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 Allendale County Tax Rate
0.94%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Luray, Allendale County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29932 | 0.68% | 0.87% | 0.90% | 2.35% | 3.04% |
Source: Ownwell
Property Tax Assessment Values Across Luray, Allendale County, South Carolina
When examining property taxes in Luray, 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 Allendale 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 Allendale 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 Luray. For example, the median home price in Luray is $25,400, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Luray, Allendale County, South Carolina
Source: Ownwell
$15,300
$22,450
$29,600
Median Luray Market Value
$23,500
Median Allendale County Market Value
$21,200
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Luray, Allendale County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29932 | $5,040 | $11,000 | $23,500 | $68,000 | $531,748 |
Source: Ownwell
Property Tax Bills Across Luray, Allendale County, South Carolina
In Luray, South Carolina, property tax bills are determined by a combination of the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to calculate the annual tax bill. In Luray, the median home price is significantly lower than the national median, which influences the tax bills. Homeowners in the 25th percentile of tax bills pay around $137, while those in the 75th percentile spend approximately $979. However, for those in the 90th percentile, the tax bill can reach up to $3,670. These figures highlight the variance in tax bills within the region, which can significantly impact homeowners' finances.
Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential savings, Ownwell helps homeowners reduce their tax burden. This can lead to substantial savings, especially for those facing higher tax bills. With Ownwell's guidance, homeowners can ensure they are not overpaying on property taxes.
Median Luray Tax Bill
$377
Median Allendale County Tax Bill
$254
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Luray, Allendale County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29932 | $65 | $105 | $377 | $1,225 | $5,312 |
Source: Ownwell