Monetta, Saluda County, South Carolina Property Taxes
Median Monetta, SC effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Monetta, SC home value: $51,800
Median annual Monetta, SC tax bill: $545, $1,855 lower than the national median property tax bill of $2,400.
How are property taxes in Saluda calculated?
Property taxes in Monetta, 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 Monetta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Monetta, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Monetta, Saluda County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$522
$484
Property Tax Rates Across Monetta, Saluda County, South Carolina
Local government entities in each region set property tax rates, which can differ significantly within a state. This variation occurs because annually, each county calculates its required budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is essentially how the process unfolds each year.
In Monetta, located in Saluda County, the effective property tax rate mirrors the median property tax rate in South Carolina, which is lower than the national median. This provides a competitive edge for property owners in Monetta, offering them an opportunity to save on property taxes compared to other parts of the country. The consistency in tax rates across Monetta ensures predictability for homeowners, potentially making it an attractive location for both current residents and prospective buyers. Comparing Monetta’s effective property tax rate to other cities in South Carolina, as well as to national averages, highlights its favorable position within the real estate landscape.
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 Monetta Tax Rate
0.99%
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 Saluda County Tax Rate
0.87%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Monetta, Saluda County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29105 | 0.32% | 0.74% | 0.99% | 1.96% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Monetta, Saluda County, South Carolina
When examining property taxes in Monetta, 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 Saluda 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 Saluda 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 Monetta. For example, the median home price in Monetta is $51,800, with tax bills ranging significantly across the county. Zip code 29105 has the highest median home price at $51,800.
Property Tax Assessment Values Across Monetta, Saluda County, South Carolina
Source: Ownwell
$49,840
$133,770
$217,700
Median Monetta Market Value
$52,700
Median Saluda County Market Value
$67,100
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Monetta, Saluda County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29105 | $10,000 | $29,025 | $52,700 | $119,375 | $208,550 |
Source: Ownwell
Property Tax Bills Across Monetta, Saluda County, South Carolina
Median Monetta Tax Bill
$555
Median Saluda County Tax Bill
$655
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Monetta, Saluda County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29105 | $111 | $272 | $555 | $1,262 | $1,848 |
Source: Ownwell