Newry, Oconee County, South Carolina Property Taxes

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

Median Newry, 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 Newry, SC home value: $52,128
Median annual Newry, SC tax bill: $262, $2,138 lower than the national median property tax bill of $2,400.

How are property taxes in Oconee calculated?

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

Last Updated March 1, 2025

Newry, Oconee County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.42%

Estimate Property Tax Bill

$261

$242

Ownwell’s Newry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newry with just two data points.

By entering your property's estimated assessed value, our calculator applies Newry’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 Newry, Oconee County, South Carolina

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county estimates its required budget for services annually and divides that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Newry, located in Oconee County, South Carolina, the effective property tax rate is notably lower than both the state and national medians. With a median property tax rate of 0.44%, Newry stands out for its affordability compared to the national median of 1.02%. This rate is consistent across the zip code 29665, indicating uniformity within the area. For homeowners in Newry, this means a significantly lower tax burden compared to the typical U.S. homeowner, potentially increasing the appeal of the region for prospective buyers. Comparing Newry’s effective property tax rate to other cities in South Carolina and the U.S. highlights its position as a cost-effective location in terms of property taxes.

Property Tax Rates Across Newry, Oconee County, South Carolina

Source: Ownwell

0.42%

0.46%

0.49%

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 Newry Tax Rate

0.42%

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 Newry, Oconee County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29665	0.25%	0.42%	0.42%	1.29%	1.29%

Source: Ownwell

Property Tax Assessment Values Across Newry, Oconee County, South Carolina

When examining property taxes in Newry, 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. In Oconee 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 Newry. For example, the median home price in Newry is $52,128, with tax bills ranging significantly across the county. Zip code 29665 has the highest median home price at $52,128.

Property Tax Assessment Values Across Newry, Oconee County, South Carolina

Source: Ownwell

$62,046

$168,119

$274,192

Median Newry Market Value

$62,046

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 Newry, Oconee County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29665	$25,986	$42,240	$62,046	$69,998	$96,462

Source: Ownwell

Property Tax Bills Across Newry, Oconee County, South Carolina

In Newry, Oconee County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $52,128, the property tax bills range significantly. The 25th percentile tax bill is $153, while the 75th percentile reaches $509, and the 90th percentile climbs to $815. The highest and lowest median tax bill in the area both stand at $262, indicating some consistency in tax rates within the zip code 29665. Compared to the national median property tax bill of $2,400, Newry homeowners generally enjoy lower tax obligations. However, these taxes can still impact homeowners' finances, especially if the assessed value of their property is higher than expected. Ownwell offers valuable assistance to homeowners by identifying potential inaccuracies in property assessments and filing appeals to reduce tax bills. By leveraging local expertise and a deep understanding of property tax laws, Ownwell can help homeowners in Newry save significantly on their property taxes.

Property Tax Bills Across Newry, Oconee County, South Carolina

Source: Ownwell

$281

$886

$1,490

Median Newry Tax Bill

$281

Median Oconee County Tax Bill

$638

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Newry, Oconee County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29665	$82	$190	$281	$742	$1,054

Source: Ownwell