Fork, Dillon County, South Carolina Property Taxes
Median FORK, SC effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median FORK, SC home value: $8,334
Median annual FORK, SC tax bill: $152, $2,248 lower than the national median property tax bill of $2,400.
How are property taxes in Dillon calculated?
Property taxes in FORK, 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 FORK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fork, Dillon County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$420
$390
Property Tax Rates Across Fork, Dillon County, South Carolina
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. This variation occurs because each county annually determines its budgetary needs to provide essential services. They then divide this budget by the total value of all taxable properties in their area, resulting in the property tax rate. Although the process involves votes and legal frameworks, this is essentially how tax rates are established each year.
FORK in Dillon County, South Carolina, provides an interesting case for comparison. The effective property tax rate here can be contrasted with other cities within South Carolina and the national landscape. With a state median property tax rate of 1.82%, South Carolina's rates are higher than the national median of 1.02%. Understanding these differences can help property owners in FORK make informed decisions about appealing their property taxes or seeking exemptions. By examining how FORK's rates stack up against state and national medians, property owners can better navigate their tax responsibilities and potentially save money.
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 Fork Tax Rate
0.91%
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 Dillon County Tax Rate
1.96%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fork, Dillon County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29543 | 0.36% | 0.37% | 0.91% | 1.93% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Fork, Dillon County, South Carolina
When examining property taxes in Fork, 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 Dillon 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 Dillon 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 Fork. For example, the median home price in Fork is $8,334, with tax bills ranging significantly across the county. 29536 has the highest median home price at $8,334.
Property Tax Assessment Values Across Fork, Dillon County, South Carolina
Source: Ownwell
$9,287
$30,543
$51,798
Median Fork Market Value
$46,150
Median Dillon County Market Value
$30,947
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fork, Dillon County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29543 | $3,932 | $23,197 | $46,150 | $75,312 | $108,644 |
Source: Ownwell
Property Tax Bills Across Fork, Dillon County, South Carolina
Median Fork Tax Bill
$293
Median Dillon County Tax Bill
$312
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Fork, Dillon County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29543 | $70 | $165 | $293 | $472 | $1,186 |
Source: Ownwell