Furman, Hampton County, South Carolina Property Taxes

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

Median Furman, SC effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Furman, SC home value: $13,800
Median annual Furman, SC tax bill: $344, $2,056 lower than the national median property tax bill of $2,400.

How are property taxes in Hampton County calculated?

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

Last Updated March 1, 2025

Furman, Hampton 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

$192

$178

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

Property Tax Rates Across Furman, Hampton County, South Carolina

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Furman’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.

Property Tax Rates Across Furman, Hampton County, South Carolina

Source: Ownwell

0.99%

2.10%

3.20%

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 Furman Tax Rate

1.00%

Median Effective Hampton County Tax Rate

1.01%

Median Effective South Carolina Tax Rate

0.66%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Furman, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29921	0.35%	0.76%	1.00%	3.05%	3.05%

Source: Ownwell

Property Tax Assessment Values Across Furman, Hampton County, South Carolina

When examining property taxes in Furman, 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 Hampton 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 Hampton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Furman. For example, the median home price in Furman is $13,800, with tax bills ranging significantly across the county. Zip code 29921 has the highest median home price at $13,800.

Property Tax Assessment Values Across Furman, Hampton County, South Carolina

Source: Ownwell

$8,500

$29,900

$51,300

Median Furman Market Value

$19,200

Median Hampton County Market Value

$26,900

Median South Carolina Market Value

$188,850

Median United States Market Value

$235,294

Property Tax Assessment Values Across Furman, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29921	$3,100	$7,000	$19,200	$55,200	$73,040

Source: Ownwell

Property Tax Bills Across Furman, Hampton County, South Carolina

In Furman, located in Hampton County, South Carolina, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Furman is $13,800, leading to relatively low property tax bills compared to the national median tax bill of $2,400. Homeowners in Furman may experience tax bills ranging from the 25th percentile at $196 to the 90th percentile at $1,087, which is significantly lower than many other regions. Factors influencing the tax bill include the property's assessed value and the local tax rate. These taxes fund essential services such as public education and infrastructure maintenance, directly impacting community development and homeowners' quality of life. Ownwell offers valuable assistance by identifying potential errors in property assessments and exploring exemption opportunities, ensuring homeowners pay only their fair share. By leveraging expertise in property tax appeals, Ownwell can help Furman residents potentially reduce their property tax bills and achieve substantial savings.

Property Tax Bills Across Furman, Hampton County, South Carolina

Source: Ownwell

$134

$500

$866

Median Furman Tax Bill

$347

Median Hampton County Tax Bill

$550

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Furman, Hampton County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29921	$133	$223	$347	$702	$1,101

Source: Ownwell