Fair Play, Oconee County, South Carolina Property Taxes
Median Fair Play, SC effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Fair Play, SC home value: $121,056
Median annual Fair Play, SC tax bill: $596, $1,804 lower than the national median property tax bill of $2,400.
How are property taxes in Oconee calculated?
Property taxes in Fair Play, 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 Fair Play’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fair Play, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fair Play, Oconee County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.42%
Estimate Property Tax Bill
$594
$551
Ownwell’s FAIR PLAY Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in FAIR PLAY with just two data points.
By entering your property's estimated assessed value, our calculator applies FAIR PLAY’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 Oconee County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Fair Play, Oconee County, South Carolina
Local government entities determine tax rates, leading to significant variations within a state. Each year, counties like Oconee estimate their budgetary needs to provide essential services and then divide this by the total value of all taxable property within their boundaries. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual process.
In Fair Play, located in Oconee County, the effective property tax rate is 0.44%. This rate is notably lower than the national median property tax rate of 1.02%. Such a low rate can be appealing to property owners looking to minimize their tax burden. When comparing Fair Play’s rate to other cities in South Carolina and across the U.S., it becomes evident that Fair Play offers a more favorable tax environment. This lower tax rate can contribute to a reduced annual tax bill, making Fair Play an attractive location for homeowners seeking affordability in their property tax obligations.
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 Fair Play Tax Rate
0.42%
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 Oconee County Tax Rate
0.42%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fair Play, Oconee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29643 | 0.13% | 0.35% | 0.42% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Fair Play, Oconee County, South Carolina
When examining property taxes in Fair Play, 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 Oconee 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.
Assessment notices:
In Oconee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Fair Play.
For example, the median home price in Fair Play is $121,056, with tax bills ranging significantly across the county. 29643 has the highest median home price at $121,056.
Property Tax Assessment Values Across Fair Play, Oconee County, South Carolina
Source: Ownwell
$62,046
$168,119
$274,192
Median Fair Play Market Value
$141,391
Median Oconee County Market Value
$124,120
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fair Play, Oconee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29643 | $14,979 | $48,365 | $141,391 | $293,132 | $459,094 |
Source: Ownwell
Property Tax Bills Across Fair Play, Oconee County, South Carolina
Median Fair Play Tax Bill
$675
Median Oconee County Tax Bill
$638
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Fair Play, Oconee County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29643 | $32 | $181 | $675 | $1,603 | $3,290 |
Source: Ownwell