Lockhart, Union County, South Carolina Property Taxes

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

Median Lockhart, SC effective property tax rate: 2.03%, significantly higher than the national median of 1.02%, and higher than the South Carolina state median of 0.66%.
Median Lockhart, SC home value: $19,200
Median annual Lockhart, SC tax bill: $268, $2,132 lower than the national median property tax bill of $2,400.

How are property taxes in Union County calculated?

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

Last Updated March 1, 2025

Lockhart, Union County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.03%

Estimate Property Tax Bill

$390

$362

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

By entering your property's estimated assessed value, our calculator applies Lockhart’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 Union County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lockhart, Union County, South Carolina

Local government entities are responsible for setting tax rates, which can vary significantly within South Carolina. This variability is due to each county's annual estimation of its budgetary needs for public services, divided by the total value of all taxable property in its area. This calculation determines the property tax rate. While laws and votes play a role in setting these rates and budgets, this is essentially the annual procedure.

In Lockhart, located in Union County, the effective property tax rate is 2.03%. This rate is notably higher than the national median property tax rate of 1.02% and the national median property tax bill of $2,400. This tax rate is consistent across the county, making it one of the highest in the state. Comparing Lockhart's property tax rate to other cities in South Carolina, it stands out as significantly higher than both the state and national averages. Understanding these differences can help property owners in Lockhart make informed decisions about their property taxes and potential appeals.

Property Tax Rates Across Lockhart, Union County, South Carolina

Source: Ownwell

0.68%

1.36%

2.03%

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 Lockhart Tax Rate

2.03%

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 Lockhart, Union County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29364	0.71%	0.72%	2.03%	2.04%	2.04%

Source: Ownwell

Property Tax Assessment Values Across Lockhart, Union County, South Carolina

When examining property taxes in Lockhart, 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 May. 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 Lockhart. For example, the median home price in Lockhart is $19,200, with tax bills ranging significantly across the county. Zip code 29364 has the highest median home price at $19,200.

Property Tax Assessment Values Across Lockhart, Union County, South Carolina

Source: Ownwell

$19,200

$41,575

$63,950

Median Lockhart Market Value

$19,200

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 Lockhart, Union County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29364	$6,200	$13,300	$19,200	$24,200	$32,000

Source: Ownwell

Property Tax Bills Across Lockhart, Union County, South Carolina

In Lockhart, Union County, SC, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The median home price in Lockhart is $19,200, leading to a tax bill that often falls below the national median property tax bill of $2,400. In fact, the median tax bill here is $268, with the 25th percentile at $137, the 75th percentile at $424, and the 90th percentile reaching $549. These values reflect the relatively lower property tax burden compared to many areas across the nation. Homeowners in Lockhart benefit from these lower rates, but there is still room for savings. Ownwell provides expert property tax appeal and exemption services that can help homeowners potentially reduce their tax bills even further. By analyzing each property's assessed value and leveraging local tax regulations, Ownwell ensures that homeowners pay only their fair share, freeing up valuable resources for other expenses.

Property Tax Bills Across Lockhart, Union County, South Carolina

Source: Ownwell

$207

$307

$407

Median Lockhart Tax Bill

$268

Median Union County Tax Bill

$348

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Lockhart, Union County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29364	$77	$137	$268	$424	$549

Source: Ownwell