Elloree, Calhoun County, South Carolina Property Taxes
Median Elloree, SC effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Elloree, SC home value: $41,000
Median annual Elloree, SC tax bill: $326, $2,074 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun County calculated?
Property taxes in Elloree, 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 Elloree’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elloree, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elloree, Calhoun County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.59%
Estimate Property Tax Bill
$294
$273
Property Tax Rates Across Elloree, Calhoun County, South Carolina
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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 Elloree’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S. In Elloree, located in Calhoun County, the property tax rate is 0.63%. This rate is notably lower than the national median property tax rate of 1.02%. The median property tax bill in Elloree is also expected to be below the national median bill of $2400. By understanding these rates, property owners in Elloree can see how their tax obligations compare to state and national averages, potentially identifying areas where they might save on property taxes.
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 Elloree Tax Rate
0.59%
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 Calhoun County Tax Rate
0.54%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elloree, Calhoun County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29047 | 0.28% | 0.43% | 0.59% | 1.74% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Elloree, Calhoun County, South Carolina
When examining property taxes in Elloree, 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 Calhoun 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. This 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 Calhoun 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 Elloree.
For example, the median home price in Elloree is $41,000, with tax bills ranging significantly across the county. The zip code 29047 has the highest median home price at $41,000.
Property Tax Assessment Values Across Elloree, Calhoun County, South Carolina
Source: Ownwell
$43,500
$102,750
$162,000
Median Elloree Market Value
$49,900
Median Calhoun County Market Value
$67,300
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elloree, Calhoun County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29047 | $4,280 | $13,700 | $49,900 | $174,700 | $297,296 |
Source: Ownwell
Property Tax Bills Across Elloree, Calhoun County, South Carolina
In Elloree, located in Calhoun County, SC, property tax bills are calculated based on the assessed value of a home. With the median home price at $41,000, homeowners typically face a property tax bill of around $326, which is significantly lower than the national median property tax bill of $2,400. The tax bill is influenced by various factors, including the property's assessed value and the local tax rate. In Elloree, tax bills can range widely, with the 25th percentile at $146 and the 90th percentile reaching $1,357, reflecting the diverse property values within the area.
For homeowners in Elloree, understanding these calculations is crucial as property taxes directly impact annual expenses. Ownwell offers expert property tax consulting services to help homeowners navigate this complex process. By identifying potential inaccuracies in property assessments or uncovering available exemptions, Ownwell can assist homeowners in reducing their tax bills. This can lead to significant savings, ensuring that homeowners only pay their fair share of property taxes each year.
Median Elloree Tax Bill
$362
Median Calhoun County Tax Bill
$390
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Elloree, Calhoun County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29047 | $83 | $147 | $362 | $796 | $1,447 |
Source: Ownwell