Coward, Florence County, South Carolina Property Taxes
Median Coward, SC effective property tax rate: 0.31%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Coward, SC home value: $28,134
Median annual Coward, SC tax bill: $210, $2,190 lower than the national median property tax bill of $2,400.
How are property taxes in Florence County calculated?
Property taxes in Coward, 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 Coward’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coward, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coward, Florence County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.29%
Estimate Property Tax Bill
$309
$287
Property Tax Rates Across Coward, Florence County, South Carolina
Local government entities determine tax rates, which can differ significantly within a state. This variation stems from each county's annual budget estimation process. They calculate the necessary funds to provide public services and divide this by the total value of all taxable properties within their jurisdiction. This results in the property tax rate. While the process involves votes and legislation, this is the core of how rates are set each year.
Comparing Coward's effective property tax rate to other cities in South Carolina reveals interesting insights. Coward, located in Florence County, has a median property tax rate of 0.31%. This is notably lower than the national median property tax rate of 1.02%. The lower rate in Coward can be an attractive feature for property owners, potentially offering significant savings compared to many other regions. For residents and potential property buyers, understanding these rates is crucial, as they directly impact annual property tax bills. With the national median property tax bill at $2,400, Coward's rate suggests a more affordable property tax environment, making it an appealing choice for those looking to optimize their property tax expenditures.
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 Coward Tax Rate
0.29%
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 Florence County Tax Rate
0.41%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coward, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29530 | 0.13% | 0.23% | 0.29% | 1.64% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Coward, Florence County, South Carolina
When examining property taxes in Coward, 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 Florence 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.
Assessment notices: In Florence 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 Coward. For example, the median home price in Coward is $28,134, with tax bills ranging significantly across the county. Zip code 29530 has the highest median home price at $28,134.
Property Tax Assessment Values Across Coward, Florence County, South Carolina
Source: Ownwell
$70,804
$131,139
$191,473
Median Coward Market Value
$106,556
Median Florence County Market Value
$117,803
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coward, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29530 | $17,524 | $48,994 | $106,556 | $171,259 | $243,211 |
Source: Ownwell
Property Tax Bills Across Coward, Florence County, South Carolina
In Coward, located in Florence County, SC, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value. With a median home price of $28,134, homeowners in Coward experience a wide range of tax bills. The 25th percentile tax bill is $81, while the 75th percentile is $479, and the 90th percentile reaches $1,178. This range indicates significant variability in tax burdens, which can affect household budgets and financial planning.
Compared to the national median property tax bill of $2,400, Coward's tax bills are considerably lower, reflecting the area's lower property values. However, this doesn't mean homeowners can't benefit from savings. Ownwell offers property tax appeal and exemption services, helping homeowners ensure their properties are assessed fairly and accurately. By identifying potential errors or opportunities for exemptions, Ownwell can assist in reducing tax liabilities, providing peace of mind and financial relief for homeowners in Coward.
Median Coward Tax Bill
$379
Median Florence County Tax Bill
$583
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Coward, Florence County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29530 | $88 | $196 | $379 | $749 | $1,702 |
Source: Ownwell