Williams, Colleton County, South Carolina Property Taxes
Median Williams, SC effective property tax rate: 0.99%, significantly lower than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Williams, SC home value: $52,900
Median annual Williams, SC tax bill: $566, $1,834 lower than the national median property tax bill of $2,400.
How are property taxes in Colleton calculated?
Property taxes in Williams, 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 Williams's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Williams, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Williams, Colleton County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$524
$486
Property Tax Rates Across Williams, Colleton County, South Carolina
Local government entities in South Carolina set tax rates, which can vary widely within the state. This variation stems from each county's annual budgetary needs. Each county estimates its required budget to provide essential 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.
Williams, located in Colleton County, has an effective property tax rate of 0.99%, which is slightly below the national median of 1.02%. This means homeowners in Williams tend to pay a lower percentage of their home's value in property taxes compared to the national average. However, within South Carolina, Williams' rate is consistent with the state median, reflecting the uniformity in tax rates across the state.
By understanding these rates, property owners in Williams can better anticipate their annual tax obligations and potentially explore opportunities for appealing their assessments to ensure fair taxation.
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 Williams Tax Rate
0.99%
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 Williams, Colleton County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29493 | 0.23% | 0.56% | 0.99% | 2.06% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Williams, Colleton County, South Carolina
When examining property taxes in Williams, 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 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 Williams. For example, the median home price in Williams is $52,900, with tax bills ranging significantly across the county. Zip code 29493 has the highest median home price at $52,900.
Property Tax Assessment Values Across Williams, Colleton County, South Carolina
Source: Ownwell
$35,050
$235,000
$434,950
Median Williams Market Value
$52,900
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 Williams, Colleton County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29493 | $7,500 | $30,000 | $52,900 | $100,800 | $174,540 |
Source: Ownwell
Property Tax Bills Across Williams, Colleton County, South Carolina
Median Williams Tax Bill
$566
Median Colleton County Tax Bill
$635
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Williams, Colleton County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29493 | $85 | $175 | $566 | $1,120 | $1,546 |
Source: Ownwell