Buffalo, Union County, South Carolina Property Taxes
Property Taxes in Buffalo, South Carolina
Median Buffalo, SC effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Buffalo, SC home value: $21,000
Median annual Buffalo, SC tax bill: $194, $2,206 lower than the national median property tax bill of $2,400.
How are property taxes in Union calculated?
Property taxes in Buffalo, 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 Buffalo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buffalo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buffalo, Union County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$229
$213
Property Tax Rates Across Buffalo, Union 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.
Buffalo in Union County, South Carolina, has an effective property tax rate that aligns precisely with the county's median rate of 1.59%. This rate stands out as both the highest and lowest in the region, indicating a uniformity in property tax assessments across the area. When compared to the national median property tax rate of 1.02%, Buffalo's rate is notably higher, suggesting a more significant property tax burden for homeowners in this region. However, the state's median property tax rate mirrors Buffalo's, reflecting a consistent approach to property taxation across South Carolina. This comparison highlights the importance of understanding local tax rates and their implications on property ownership.
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 Buffalo Tax Rate
0.73%
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 Union County Tax Rate
0.76%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buffalo, Union County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29321 | 0.29% | 0.71% | 0.73% | 2.03% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Buffalo, Union County, South Carolina
When examining property taxes in Buffalo, 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 Union 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 Union 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 Buffalo. For example, the median home price in Buffalo is $21,000, with tax bills ranging significantly across the county. Zip code 29321 has the highest median home price at $21,000.
Property Tax Assessment Values Across Buffalo, Union County, South Carolina
Source: Ownwell
$19,200
$41,575
$63,950
Median Buffalo Market Value
$31,400
Median Union County Market Value
$44,900
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buffalo, Union County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29321 | $4,850 | $12,625 | $31,400 | $69,350 | $115,550 |
Source: Ownwell
Property Tax Bills Across Buffalo, Union County, South Carolina
In Buffalo, Union County, SC, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in this area is $21,000, which is significantly lower than the national median. As a result, property tax bills are relatively low, with the highest median tax bill being $194. The tax bill varies across percentiles, with the 25th percentile at $85, the 75th percentile at $455, and the 90th percentile reaching $808. These figures reflect the differences in property values and tax rates within the region.
Homeowners in Buffalo can benefit from appealing their property assessments to ensure they are not overpaying. This is where Ownwell can assist. By providing expert property tax appeal services, Ownwell helps homeowners navigate the complexities of property tax assessments, potentially reducing their tax bills. With a focus on maximizing savings, Ownwell ensures that homeowners pay only their fair share, providing peace of mind and financial relief in managing property taxes.
Median Buffalo Tax Bill
$308
Median Union County Tax Bill
$348
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Buffalo, Union County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29321 | $63 | $125 | $308 | $605 | $1,070 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 15 |
Links | |
|---|---|
| Union Tax Assessor | |
| Website | qpublic.net |