Green Pond, Colleton County, South Carolina Property Taxes

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

Median GREEN POND, SC effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median GREEN POND, SC home value: $50,000
Median annual GREEN POND, SC tax bill: $496, $1,904 lower than the national median property tax bill of $2,400.

How are property taxes in Colleton calculated?

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

Last Updated March 1, 2025

Green Pond, Colleton County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$605

$561

Ownwell’s Green Pond Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Green Pond with just two data points. By entering your property's estimated assessed value, our calculator applies Green Pond’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 Colleton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Green Pond, Colleton County, South Carolina

Local government entities set tax rates, which can vary widely within a state. 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 Green Pond’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S. Green Pond, located in Colleton County, has a property tax rate that is higher than the national median of 1.02%. This rate is consistent across the region, as indicated by the uniformity in tax rates within the area. Compared to the national median property tax bill of $2,400, Green Pond's rate reflects the county's budgetary requirements and the value of taxable properties. Understanding how these rates are determined can help property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Green Pond, 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 Green Pond Tax Rate

1.21%

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 Green Pond, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29446	0.26%	0.68%	1.21%	2.21%	2.80%

Source: Ownwell

Property Tax Assessment Values Across Green Pond, Colleton County, South Carolina

When examining property taxes in Green Pond, 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 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 Green Pond. For example, the median home price in Green Pond is $50,000, with tax bills ranging significantly across the county. Zip code 29446 has the highest median home price at $50,000.

Property Tax Assessment Values Across Green Pond, Colleton County, South Carolina

Source: Ownwell

$35,050

$235,000

$434,950

Median Green Pond Market Value

$50,000

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 Green Pond, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29446	$6,000	$15,000	$50,000	$145,500	$447,280

Source: Ownwell

Property Tax Bills Across Green Pond, Colleton County, South Carolina

In Green Pond, Colleton County, SC, property tax bills are calculated by applying the local tax rate to the assessed value of a home. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. For homeowners in Green Pond, the median property tax bill is $496, significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's assessed value and any applicable exemptions. Higher-value properties can see tax bills reaching up to $4,106, as seen in the 90th percentile.

Homeowners may find their property tax burdens challenging, especially when values increase or exemptions are overlooked. This is where Ownwell can make a difference. By offering expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is assessed fairly and that they benefit from all eligible exemptions. This can lead to substantial savings, making homeownership more affordable and financially manageable for families in Green Pond.

Property Tax Bills Across Green Pond, Colleton County, South Carolina

Source: Ownwell

$331

$3,206

$6,081

Median Green Pond Tax Bill

$496

Median Colleton County Tax Bill

$635

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Green Pond, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29446	$85	$198	$496	$1,420	$4,106

Source: Ownwell