Georgetown, Williamsburg County, South Carolina Property Taxes
Median Georgetown, SC effective property tax rate: 0.14%, significantly lower than the national median of 1.02%, and lower than the South Carolina state median of 0.66%.
Median Georgetown, SC home value: $57,850
Median annual Georgetown, SC tax bill: $83, $2,317 lower than the national median property tax bill of $2,400.
How are property taxes in Williamsburg calculated?
Property taxes in Georgetown, 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 Georgetown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Georgetown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Georgetown, Williamsburg County, South Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.14%
Estimate Property Tax Bill
$81
$75
Property Tax Rates Across Georgetown, Williamsburg County, South Carolina
Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.
In Georgetown, located in Williamsburg County, South Carolina, the effective property tax rate is notably lower than the national median of 1.02%. This means that homeowners in Georgetown enjoy a lighter tax burden compared to many other regions across the United States. With the national median property tax bill at approximately $2400, Georgetown's lower tax rate offers significant savings to its residents. When comparing to other cities in South Carolina, Georgetown's property tax rate provides an appealing advantage for those looking to minimize their annual property tax expenses. This favorable tax climate makes Georgetown an attractive location for property owners seeking both affordability and quality of life.
Property Tax Rates Across Georgetown, Williamsburg County, South Carolina
Source: Ownwell
0.14%
0.89%
1.65%
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 Georgetown Tax Rate
0.14%
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 Williamsburg County Tax Rate
1.08%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Georgetown, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29440 | 0.12% | 0.12% | 0.14% | 0.65% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Georgetown, Williamsburg County, South Carolina
When examining property taxes in Georgetown, 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 Williamsburg 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 Williamsburg 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 Georgetown.
For example, the median home price in Georgetown is $57,850, with tax bills ranging significantly across the county. Zip code 29440 has the highest median home price at $57,850.
Property Tax Assessment Values Across Georgetown, Williamsburg County, South Carolina
Source: Ownwell
$16,500
$37,175
$57,850
Median Georgetown Market Value
$57,850
Median Williamsburg County Market Value
$21,520
Median South Carolina Market Value
$188,850
Median United States Market Value
$235,294
Property Tax Assessment Values Across Georgetown, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29440 | $4,950 | $14,916 | $57,850 | $133,980 | $261,250 |
Source: Ownwell
Property Tax Bills Across Georgetown, Williamsburg County, South Carolina
In Georgetown, located in Williamsburg County, SC, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $57,850, homeowners might expect varying tax bills depending on their property's assessed value and the specific tax rate applied. At the 25th percentile, tax bills can be as low as $24, while those at the 75th percentile reach $388, and at the 90th percentile, they rise to $1,399. Compared to the national median property tax bill of $2,400, Georgetown residents often enjoy lower tax obligations.
However, these bills still significantly impact homeowners' finances. Ownwell steps in to assist by offering property tax appeal and exemption services. By analyzing your property assessment and identifying discrepancies or opportunities for exemptions, Ownwell can help reduce your tax burden. This tailored approach ensures that homeowners in Georgetown pay only their fair share, potentially saving hundreds on their annual tax bills.
Median Georgetown Tax Bill
$83
Median Williamsburg County Tax Bill
$188
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Georgetown, Williamsburg County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29440 | $5 | $24 | $83 | $388 | $1,399 |
Source: Ownwell