29018 Property Tax Rate

Property owners in ZIP code 29018 (Bowman, South Carolina) pay a median of $550/year in property taxes on homes valued at $115,400. This translates to an effective tax rate of 0.48%, which is 12% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29018 is approximately $46, which factors into escrow payments on mortgages. This ZIP code is located within Orangeburg County. This is $485 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29018 has lower property taxes. ZIP codes with similar effective rates include 29160 (0.48%) and 29323 (0.48%).

In Bowman, property taxes represent approximately 1.4% of the median household income of $39,694, providing context for the relative tax burden on homeowners in this area.

South Carolina does not cap property tax assessments at purchase or reassess upon sale — the county assessor revalues all properties countywide on a 5-year cycle, and your assessment can increase significantly even if you don't sell. Orangeburg County offers a Homestead Exemption (up to $50,000 off assessed value for primary residences, subject to income limits) and Senior Citizens Exemption; file with the Orangeburg County Assessor's office to claim either. Contact the Orangeburg County Assessor immediately after purchase to verify your homestead classification and confirm your exemption application was recorded before the next revaluation cycle.