Norway, Orangeburg County, South Carolina Property Taxes
Median Norway, SC effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%. Median Norway, SC home value: $23,450. Median annual Norway, SC tax bill: $367, $2,033 lower than the national median property tax bill of $2,400.
How are property taxes in Orangeburg calculated?
Property taxes in Norway, 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 Norway’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Norway, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Norway, Orangeburg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$230
$214
Property Tax Rates Across Norway, Orangeburg 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.
In Norway, located in Orangeburg County, South Carolina, property owners experience a property tax rate that aligns with the county's fiscal requirements. The effective property tax rate in Norway is comparable to other cities within the state, reflecting how local governance ensures that essential services are funded adequately.
Comparing Norway’s effective property tax rate to the national median provides valuable insight. With a national median property tax rate of 1.02%, property owners in Norway benefit from a slightly lower tax rate, which can lead to savings in annual property tax bills. This difference highlights the importance of understanding local tax structures and how they can impact property ownership costs.
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 Norway Tax Rate
1.01%
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 Orangeburg County Tax Rate
1.07%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Norway, Orangeburg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29113 | 0.34% | 0.77% | 1.01% | 2.49% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across Norway, Orangeburg County, South Carolina
When examining property taxes in Norway, 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 Orangeburg 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 Orangeburg 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 Norway. For example, the median home price in Norway is $23,450, with tax bills ranging significantly across the county. Zip code 29113 has the highest median home price at $23,450.
Property Tax Assessment Values Across Norway, Orangeburg County, South Carolina
Source: Ownwell
$22,130
$65,713
$109,295
Median Norway Market Value
$22,800
Median Orangeburg County Market Value
$42,300
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Norway, Orangeburg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29113 | $3,001 | $6,235 | $22,800 | $73,735 | $135,755 |
Source: Ownwell
Property Tax Bills Across Norway, Orangeburg County, South Carolina
Median Norway Tax Bill
$241
Median Orangeburg County Tax Bill
$443
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Norway, Orangeburg County, South Carolina
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
29113 | $35 | $100 | $241 | $700 | $1,346 |
Source: Ownwell