Alcolu, Clarendon County, South Carolina Property Taxes

Name: Property Tax Bills Across Alcolu, Clarendon County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Alcolu, SC effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Alcolu, SC home value: $19,450
Median annual Alcolu, SC tax bill: $257, $2,143 lower than the national median property tax bill of $2,400.

How are property taxes in Clarendon County calculated?

Property taxes in Alcolu, 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 Alcolu’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alcolu, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Alcolu, Clarendon County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.1%

Estimate Property Tax Bill

$410

$380

Ownwell’s Alcolu Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alcolu with just two data points. By entering your property's estimated assessed value, our calculator applies Alcolu’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clarendon County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Alcolu, Clarendon County, South Carolina

Local government entities set tax rates, which can vary widely within a state. This is 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.

Alcolu in Clarendon County, South Carolina, has an effective property tax rate of 1.90%, which is significantly higher than the national median property tax rate of 1.02%. This rate places a higher financial burden on property owners in Alcolu compared to many other parts of the country. The median property tax bill in Alcolu is also likely to be higher than the national median of $2,400, given the higher tax rate. Understanding these differences can help property owners in Alcolu make informed decisions about their property investments and financial planning. Comparing Alcolu’s property tax rate with other cities in South Carolina and the U.S. highlights the importance of local tax policies in shaping the financial landscape for homeowners.

Property Tax Rates Across Alcolu, Clarendon County, South Carolina

Source: Ownwell

1.01%

1.55%

2.10%

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 Alcolu Tax Rate

2.10%

Median Effective Clarendon County Tax Rate

1.95%

Median Effective South Carolina Tax Rate

0.66%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Alcolu, Clarendon County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29001	0.70%	0.95%	2.10%	2.76%	3.28%

Source: Ownwell

Property Tax Assessment Values Across Alcolu, Clarendon County, South Carolina

When examining property taxes in Alcolu, 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 Clarendon 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 Clarendon 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 Alcolu. For example, the median home price in Alcolu is $19,450, with tax bills ranging significantly across the county. Zip code 29001 has the highest median home price at $19,450.

Property Tax Assessment Values Across Alcolu, Clarendon County, South Carolina

Source: Ownwell

$19,500

$28,800

$38,100

Median Alcolu Market Value

$19,500

Median Clarendon County Market Value

$33,400

Median South Carolina Market Value

$188,850

Median United States Market Value

$235,294

Property Tax Assessment Values Across Alcolu, Clarendon County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29001	$4,760	$7,400	$19,500	$48,200	$91,340

Source: Ownwell

Property Tax Bills Across Alcolu, Clarendon County, South Carolina

In Alcolu, located in Clarendon County, SC, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in the area is $19,450, which is significantly lower than the national median. The property tax rate in this region results in a median tax bill of $257, far below the national median of $2,400. Homeowners in Alcolu may see tax bills ranging from the 25th percentile at $162 to the 90th percentile at $1,006, depending on their property's assessed value and applicable exemptions. These tax bills can significantly impact homeowners' financial planning, especially when unexpected increases occur. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By reviewing assessments and identifying potential discrepancies, Ownwell helps ensure homeowners pay only their fair share. This can lead to substantial savings, reducing the financial burden on property owners and enhancing overall affordability in Alcolu.

Property Tax Bills Across Alcolu, Clarendon County, South Carolina

Source: Ownwell

$252

$391

$530

Median Alcolu Tax Bill

$296

Median Clarendon County Tax Bill

$419

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Alcolu, Clarendon County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29001	$115	$170	$296	$605	$1,134

Source: Ownwell