Blacksburg, Cherokee County, South Carolina Property Taxes
Median Blacksburg, SC effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Blacksburg, SC home value: $54,300
Median annual Blacksburg, SC tax bill: $268, $2,132 lower than the national median property tax bill of $2,400.
How are property taxes in Cherokee calculated?
Property taxes in Blacksburg, 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 Blacksburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Blacksburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Blacksburg, Cherokee County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$336
$312
Property Tax Rates Across Blacksburg, Cherokee County, South Carolina
Local government entities set tax rates, and these can vary significantly within a state. This variation is primarily because each county annually estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Blacksburg, located in Cherokee County, South Carolina, the effective property tax rate stands at 0.43%. This rate is notably lower than the national median property tax rate of 1.02%. Compared to other cities within South Carolina, Blacksburg's rate is consistent, as both the highest and lowest median tax rates in the state are also at 0.43%. This consistency indicates a level of uniformity in how property taxes are assessed across different areas within the state. The relatively low tax rate in Blacksburg offers a financial advantage to property owners, making it an attractive location for those looking to minimize their property tax burden.
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 Blacksburg Tax Rate
0.58%
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 Cherokee County Tax Rate
0.46%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Blacksburg, Cherokee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29702 | 0.22% | 0.42% | 0.58% | 1.95% | 3.04% |
Source: Ownwell
Property Tax Assessment Values Across Blacksburg, Cherokee County, South Carolina
When examining property taxes in Blacksburg, South Carolina, 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 Cherokee County Assessor 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 Cherokee 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 Blacksburg.
For example, the median home price in Blacksburg is $54,300, with tax bills ranging significantly across the county. Zip code 29702 has the highest median home price at $54,300.
Property Tax Assessment Values Across Blacksburg, Cherokee County, South Carolina
Source: Ownwell
$57,900
$86,675
$115,450
Median Blacksburg Market Value
$57,900
Median Cherokee County Market Value
$84,100
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Blacksburg, Cherokee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29702 | $11,720 | $26,100 | $57,900 | $124,000 | $203,040 |
Source: Ownwell
Property Tax Bills Across Blacksburg, Cherokee County, South Carolina
Property tax bills in Blacksburg, located in Cherokee County, South Carolina, are calculated based on the assessed value of a property. Unlike the national median property tax bill of $2,400, Blacksburg homeowners face significantly lower median tax bills, with the highest recorded median tax bill being just $268. This difference can be attributed to the area's lower median home price of $54,300. The assessed value is a percentage of the market value, and local tax rates are applied to determine the final tax bill. Factors such as property size, location, and improvements can influence the assessed value. Lower property taxes can ease financial burdens for homeowners, but ensuring accuracy in assessments is crucial.
Ownwell specializes in property tax appeals and exemptions, helping homeowners in Blacksburg potentially lower their tax bills. By reviewing assessments and identifying discrepancies, Ownwell can assist in filing appeals, ensuring homeowners are not overpaying. With expert guidance, homeowners can navigate the complexities of property tax regulations, potentially saving money and gaining peace of mind.
Median Blacksburg Tax Bill
$494
Median Cherokee County Tax Bill
$601
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Blacksburg, Cherokee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29702 | $124 | $232 | $494 | $920 | $1,620 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Cherokee Tax Assessor | |
Website | qpublic.schneidercorp.com |