Martin, Barnwell County, South Carolina Property Taxes
Median Martin, SC effective property tax rate: 2.52%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Martin, SC home value: $15,250
Median annual Martin, SC tax bill: $324, $2,076 lower than the national median property tax bill of $2,400.
How are property taxes in Barnwell calculated?
Property taxes in Martin, 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 Martin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Martin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Martin, Barnwell County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.29%
Estimate Property Tax Bill
$392
$363
Property Tax Rates Across Martin, Barnwell County, South Carolina
Local government entities are responsible for setting tax rates, which can vary significantly within a state. The reason for this variation is that each county annually estimates its required budget to provide essential services and divides that amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and laws, this process essentially captures the annual routine.
In Martin, located in Barnwell County, the effective property tax rate is a point of comparison to other cities within South Carolina, as well as the median property tax rates in the state and across the United States. With the national median property tax rate at 1.02% and a median tax bill of $2,400, Martin’s property tax rate stands out. Comparing these figures can offer valuable insights into how local tax rates impact property owners in Martin. Understanding these differences is crucial for property owners who wish to manage their expenses effectively and explore potential savings through property tax appeals or exemptions.
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 Martin Tax Rate
2.29%
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 Barnwell County Tax Rate
0.77%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Martin, Barnwell County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29836 | 0.76% | 0.77% | 2.29% | 2.76% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Martin, Barnwell County, South Carolina
When examining property taxes in Martin, 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 Barnwell 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.
Assessment notices:
In Barnwell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Martin.
For example, the median home price in Martin is $15,250, with tax bills ranging significantly across the county. Zip code 29836 has the highest median home price at $15,250.
Property Tax Assessment Values Across Martin, Barnwell County, South Carolina
Source: Ownwell
$17,100
$27,875
$38,650
Median Martin Market Value
$17,100
Median Barnwell County Market Value
$32,302
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Martin, Barnwell County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29836 | $1,100 | $6,900 | $17,100 | $38,600 | $58,020 |
Source: Ownwell
Property Tax Bills Across Martin, Barnwell County, South Carolina
In Martin, located in Barnwell County, South Carolina, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Martin face a median property tax bill of $324, significantly lower than the national median of $2,400. However, property taxes can still be a burden, with bills ranging from $140 at the 25th percentile to $982 at the 90th percentile.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners in Martin ensure they are not overpaying. This service can lead to significant savings, making homeownership more affordable.
Median Martin Tax Bill
$755
Median Barnwell County Tax Bill
$517
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Martin, Barnwell County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29836 | $293 | $364 | $755 | $815 | $960 |
Source: Ownwell