Pinewood, Clarendon County, South Carolina Property Taxes
Median Pinewood, SC effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Pinewood, SC home value: $27,700
Median annual Pinewood, SC tax bill: $309, $2,091 lower than the national median property tax bill of $2,400.
How are property taxes in Clarendon calculated?
Property taxes in Pinewood, 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 Pinewood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pinewood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pinewood, Clarendon County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.86%
Estimate Property Tax Bill
$544
$505
Property Tax Rates Across Pinewood, Clarendon County, South Carolina
Local government entities are responsible for setting tax rates, which can vary greatly within a state. This variability arises because each county annually calculates its budget needs to provide essential services and divides this by the total value of all taxable properties in its area. This results in the property tax rate. Although the process involves votes and legislation, this is essentially how it works each year.
Pinewood in Clarendon County, South Carolina, has a property tax rate that matches the highest and lowest median tax rates in the area at 1.73%. This rate is significantly above the national median property tax rate of 1.02%, highlighting the region's higher property tax burden. When compared to the national median property tax bill of $2400, residents in Pinewood may experience a higher financial impact due to the elevated rate. Understanding these rates is crucial for property owners in managing their tax liabilities effectively.
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 Pinewood Tax Rate
1.86%
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 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 Pinewood, Clarendon County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29125 | 0.55% | 0.82% | 1.86% | 2.57% | 3.01% |
Source: Ownwell
Property Tax Assessment Values Across Pinewood, Clarendon County, South Carolina
When examining property taxes in Pinewood, 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 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 Pinewood. For example, the median home price in Pinewood is $27,700, with tax bills ranging significantly across the county. 29125 has the highest median home price at $27,700.
Property Tax Assessment Values Across Pinewood, Clarendon County, South Carolina
Source: Ownwell
$19,500
$28,800
$38,100
Median Pinewood Market Value
$29,250
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 Pinewood, Clarendon County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29125 | $5,400 | $10,125 | $29,250 | $54,249 | $101,190 |
Source: Ownwell
Property Tax Bills Across Pinewood, Clarendon County, South Carolina
Median Pinewood Tax Bill
$348
Median Clarendon County Tax Bill
$419
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Pinewood, Clarendon County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29125 | $118 | $175 | $348 | $706 | $1,272 |
Source: Ownwell