Cottageville, Colleton County, South Carolina Property Taxes
Median Cottageville, SC effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Cottageville, SC home value: $49,900
Median annual Cottageville, SC tax bill: $511, $1,889 lower than the national median property tax bill of $2,400.
How are property taxes in Colleton calculated?
Property taxes in Cottageville, 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 Cottageville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cottageville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cottageville, Colleton County, South Carolina Property Tax Bill Calculator
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Median Effective Tax Rate
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Property Tax Rates Across Cottageville, Colleton County, South Carolina
Local government entities set property tax rates, which can vary widely within South Carolina. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Cottageville, located in Colleton County, the effective property tax rate stands out when compared to other cities in South Carolina. Cottageville’s property tax rate aligns with the median tax rate for the state, which is slightly below the national median property tax rate of 1.02%. This means that property owners in Cottageville benefit from a lower property tax rate compared to the national average. Additionally, Colleton County's tax rate is lower compared to other counties within South Carolina, offering further savings for property owners. This favorable tax environment makes Cottageville an attractive location for homeowners looking for lower property tax bills while still enjoying the essential services funded by these taxes.
Property Tax Rates Across Cottageville, Colleton County, South Carolina
Source: Ownwell
0.74%
1.27%
1.80%
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 Cottageville Tax Rate
1.00%
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 Colleton County Tax Rate
1.07%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cottageville, Colleton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29435 | 0.29% | 0.67% | 1.00% | 2.11% | 2.59% |
Source: Ownwell
Property Tax Assessment Values Across Cottageville, Colleton County, South Carolina
When examining property taxes in Cottageville, 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 Colleton 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 Colleton 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 Cottageville. For example, the median home price in Cottageville is $49,900, with tax bills ranging significantly across the county. ZIP code 29435 has the highest median home price at $49,900.
Property Tax Assessment Values Across Cottageville, Colleton County, South Carolina
Source: Ownwell
$35,050
$235,000
$434,950
Median Cottageville Market Value
$49,900
Median Colleton County Market Value
$64,000
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cottageville, Colleton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29435 | $9,500 | $21,100 | $49,900 | $117,800 | $204,000 |
Source: Ownwell
Property Tax Bills Across Cottageville, Colleton County, South Carolina
Property Tax Bills Across Cottageville, Colleton County, South Carolina
Source: Ownwell
$331
$3,206
$6,081
Median Cottageville Tax Bill
$511
Median Colleton County Tax Bill
$635
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Cottageville, Colleton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29435 | $85 | $212 | $511 | $1,085 | $1,968 |
Source: Ownwell