Ruffin, Colleton County, South Carolina Property Taxes

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

Median Ruffin, 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 Ruffin, SC home value: $45,450
Median annual Ruffin, SC tax bill: $445, $1,955 lower than the national median property tax bill of $2,400.

How are property taxes in Colleton calculated?

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

Last Updated March 1, 2025

Ruffin, Colleton County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$455

$422

Ownwell’s Ruffin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ruffin with just two data points. By entering your property's estimated assessed value, our calculator applies Ruffin’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 Ruffin, Colleton County, South Carolina

Local government entities set tax rates, and these can vary significantly within a state. This is largely due to each county's annual process of estimating its budget needs to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although there are votes and laws involved in setting these rates and budgets, this is essentially how the process unfolds each year.

In Ruffin, located in Colleton County, the effective property tax rate provides an interesting comparison to other cities in South Carolina, as well as the median property tax rates in the state and across the U.S. With South Carolina's median property tax rate at 1.00%, Ruffin's rate is noticeably lower than the national median of 1.02%, offering potential savings for property owners. Understanding these differences can be crucial for homeowners looking to optimize their property tax obligations. By comparing these rates, residents can gain insights into their local tax landscape and make informed decisions about property ownership and investments.

Property Tax Rates Across Ruffin, 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 Ruffin Tax Rate

1.00%

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 Ruffin, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29475	0.25%	0.57%	1.00%	2.10%	2.58%

Source: Ownwell

Property Tax Assessment Values Across Ruffin, Colleton County, South Carolina

When examining property taxes in Ruffin, 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 Colleton County Assessor's Office 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 Ruffin. For example, the median home price in Ruffin is $45,450, with tax bills ranging significantly across the county. ZIP code 29475 has the highest median home price at $45,450.

Property Tax Assessment Values Across Ruffin, Colleton County, South Carolina

Source: Ownwell

$35,050

$235,000

$434,950

Median Ruffin Market Value

$45,450

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 Ruffin, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29475	$7,500	$18,500	$45,450	$112,375	$208,960

Source: Ownwell

Property Tax Bills Across Ruffin, Colleton County, South Carolina

In Ruffin, Colleton County, SC, property tax bills are derived from the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. With a median home price of $45,450, property taxes can vary significantly. The tax bill at the 25th percentile is $178, while at the 75th percentile, it reaches $963, and at the 90th percentile, it is $1,767. Despite the highest and lowest median tax bills both being $445 in the 29475 zip code, these figures are notably lower than the national median property tax bill of $2,400. For homeowners, these taxes can be a substantial financial burden. This is where Ownwell steps in, offering expert property tax appeal and exemption services to help reduce these bills. By leveraging local expertise and knowledge of the property tax appeal process, Ownwell can assist homeowners in potentially lowering their tax liabilities, ensuring they pay only what is fair.

Property Tax Bills Across Ruffin, Colleton County, South Carolina

Source: Ownwell

$331

$3,206

$6,081

Median Ruffin Tax Bill

$445

Median Colleton County Tax Bill

$635

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Ruffin, Colleton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29475	$85	$178	$445	$963	$1,767

Source: Ownwell