Lynchburg, Sumter County, South Carolina Property Taxes
Median Lynchburg, SC effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Lynchburg, SC home value: $15,310
Median annual Lynchburg, SC tax bill: $205, $2,195 lower than the national median property tax bill of $2,400.
How are property taxes in Sumter calculated?
Property taxes in Lynchburg, 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 Lynchburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lynchburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lynchburg, Sumter County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$423
$392
Property Tax Rates Across Lynchburg, Sumter 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 Lynchburg’s effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
Lynchburg, located in Sumter County, has a significant effective property tax rate compared to the national median. The property tax rate in Lynchburg stands out within the state as well. Homeowners in Lynchburg might find the property tax burden relatively high, given the national median property tax rate. When considering property taxes, it's essential to understand how these rates impact overall homeownership costs. Comparing Lynchburg to other regions highlights the importance of consulting with property tax experts to ensure you're not overpaying. By understanding local tax rates, homeowners can make informed decisions about their property investments, potentially saving money through appeals or exemptions.
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 Lynchburg Tax Rate
0.82%
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 Sumter County Tax Rate
0.75%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lynchburg, Sumter County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29080 | 0.27% | 0.50% | 0.82% | 2.10% | 3.25% |
Source: Ownwell
Property Tax Assessment Values Across Lynchburg, Sumter County, South Carolina
When examining property taxes in Lynchburg, 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 Sumter 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 Sumter 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 Lynchburg.
For example, the median home price in Lynchburg is $15,310, with tax bills ranging significantly across the county. Zip code 29080 has the highest median home price at $15,310.
Property Tax Assessment Values Across Lynchburg, Sumter County, South Carolina
Source: Ownwell
$23,876
$77,640
$131,404
Median Lynchburg Market Value
$51,553
Median Sumter County Market Value
$90,302
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lynchburg, Sumter County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29080 | $6,841 | $11,472 | $51,553 | $106,801 | $179,256 |
Source: Ownwell
Property Tax Bills Across Lynchburg, Sumter County, South Carolina
Median Lynchburg Tax Bill
$341
Median Sumter County Tax Bill
$682
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Lynchburg, Sumter County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29080 | $86 | $160 | $341 | $795 | $1,293 |
Source: Ownwell