Yemassee, Hampton County, South Carolina Property Taxes
Median Yemassee, SC effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Yemassee, SC home value: $19,700
Median annual Yemassee, SC tax bill: $536, $1,864 lower than the national median property tax bill of $2,400.
How are property taxes in Hampton calculated?
Property taxes in Yemassee, 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 Yemassee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yemassee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Yemassee, Hampton County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$240
$223
Property Tax Rates Across Yemassee, Hampton County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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 Yemassee’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
In Yemassee, within Hampton County, the property tax rate stands at 1.19%, which is higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as evidenced by the highest and lowest median tax rates both being 1.19% in the 29945 zip code. Compared to the national median property tax bill of $2400, property owners in Yemassee might find themselves paying more, depending on the assessed value of their property. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Yemassee Tax Rate
1.10%
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 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 Yemassee, Hampton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29945 | 0.45% | 0.96% | 1.10% | 3.07% | 3.30% |
Source: Ownwell
Property Tax Assessment Values Across Yemassee, Hampton County, South Carolina
When examining property taxes in Yemassee, 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 Hampton 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.
In Hampton 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 Yemassee. For example, the median home price in Yemassee is $19,700, with tax bills ranging significantly across the county. ZIP code 29945 has the highest median home price at $19,700.
Property Tax Assessment Values Across Yemassee, Hampton County, South Carolina
Source: Ownwell
$8,500
$29,900
$51,300
Median Yemassee Market Value
$21,800
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 Yemassee, Hampton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29945 | $2,400 | $6,600 | $21,800 | $73,300 | $133,000 |
Source: Ownwell
Property Tax Bills Across Yemassee, Hampton County, South Carolina
Median Yemassee Tax Bill
$533
Median Hampton County Tax Bill
$550
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Yemassee, Hampton County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29945 | $92 | $209 | $533 | $1,318 | $2,351 |
Source: Ownwell