0.5%
Effective Property Tax Rate
2024
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Compared to the United States
| Indicator | South Carolina | United States |
|---|---|---|
| Effective Property Tax Rate | 0.5 | 0.9 |
National ranking
How states rank by effective property tax rate.
| #1 | Colorado | 0.51% |
| #2 | Utah | 0.52% |
| #3 | Nevada | 0.55% |
| #4 | Tennessee | 0.55% |
| #5 | Louisiana | 0.55% |
| #6 | Delaware | 0.58% |
| #7 | Arizona | 0.62% |
| #8 | New Mexico | 0.67% |
| #9 | California | 0.71% |
| #10 | North Carolina | 0.73% |
| #11 | Montana | 0.74% |
| #12 | Indiana | 0.75% |
| #13 | Florida | 0.8% |
| #14 | Virginia | 0.82% |
| #15 | Oregon | 0.82% |
| #16 | Kentucky | 0.83% |
| #17 | Washington | 0.87% |
| #18 | Missouri | 0.88% |
| #19 | Georgia | 0.9% |
| #20 | Oklahoma | 0.9% |
| #21 | Minnesota | 1.05% |
| #22 | Maine | 1.09% |
| #23 | Massachusetts | 1.14% |
| #24 | South Dakota | 1.17% |
| #25 | Ohio | 1.3% |
| #26 | Rhode Island | 1.3% |
| #27 | Michigan | 1.32% |
| #28 | Pennsylvania | 1.49% |
| #29 | Wisconsin | 1.53% |
| #30 | New York | 1.54% |
| #31 | Texas | 1.68% |
| #32 | New Hampshire | 1.9% |
| #33 | Illinois | 2.07% |
| #34 | New Jersey | 2.23% |
| #35 | Vermont | 4 |
| #36 | Wyoming | 6% |
| #37 | Alaska | 21% |
Overview
South Carolina homeowners benefit from one of the nation's lowest effective property tax rates, averaging around 0.5% of home value in 2024. The state's owner-occupied primary residence exemption further reduces the tax burden for many households.
Did you know?
- South Carolina's constitutional cap limits owner-occupied homes to a 4% assessment ratio, well below the 6% ratio applied to other property.