Branchville, Bamberg County, South Carolina Property Taxes
Median Branchville, SC effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Branchville, SC home value: $43,900
Median annual Branchville, SC tax bill: $409, $1,991 lower than the national median property tax bill of $2,400.
How are property taxes in Bamberg County calculated?
Property taxes in Branchville, 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 Branchville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Branchville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Branchville, Bamberg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$512
$475
Property Tax Rates Across Branchville, Bamberg County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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 Branchville’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
Branchville, located in Bamberg County, has a property tax rate that aligns with the county’s median rate of 1.32%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary requirements. Despite the uniformity within the county, property tax rates can differ significantly across South Carolina, influenced by each county's unique fiscal needs and property values. Understanding these variations is crucial for property owners aiming to manage their tax liabilities effectively. Comparing Branchville’s rate to other areas provides valuable insight into the broader tax landscape of South Carolina, helping residents make informed decisions about their property investments.
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 Branchville Tax Rate
0.83%
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 Bamberg County Tax Rate
1.26%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Branchville, Bamberg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29432 | 0.20% | 0.47% | 0.83% | 1.28% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Branchville, Bamberg County, South Carolina
Property Tax Assessment Values Across Branchville, Bamberg County, South Carolina
Source: Ownwell
$37,800
$49,750
$61,700
Median Branchville Market Value
$61,700
Median Bamberg County Market Value
$45,900
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Branchville, Bamberg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29432 | $4,860 | $21,425 | $61,700 | $114,725 | $164,030 |
Source: Ownwell
Property Tax Bills Across Branchville, Bamberg County, South Carolina
In Branchville, South Carolina, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Branchville typically face a median tax bill of $409, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's location, size, and any applicable exemptions or deductions. The property tax rate in this area is notably lower than the national median property tax rate of 1.02%, making it an attractive region for homeowners.
Despite the relatively low tax rates, homeowners can still benefit from appealing their property taxes. Ownwell offers services to help homeowners identify potential over-assessments and secure exemptions or reductions, ensuring they pay only their fair share. By leveraging Ownwell's expertise, homeowners in Branchville can potentially save on their property tax bills, maximizing their investment and reducing financial burdens.
Median Branchville Tax Bill
$699
Median Bamberg County Tax Bill
$565
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Branchville, Bamberg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29432 | $70 | $176 | $699 | $1,267 | $1,848 |
Source: Ownwell