29130 Property Tax Rate

Property owners in ZIP code 29130 (Ridgeway, South Carolina) pay a median of $1,119/year in property taxes on homes valued at $246,200. This translates to an effective tax rate of 0.45%, which is 16% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29130 is approximately $93, which factors into escrow payments on mortgages. This ZIP code is located within Fairfield County.

Compared to similar ZIP codes in South Carolina, 29130 has higher property taxes. ZIP codes with similar effective rates include 29067 (0.45%) and 29335 (0.46%).

In Ridgeway, property taxes represent approximately 1.5% of the median household income of $72,614, providing context for the relative tax burden on homeowners in this area.

South Carolina does not have a state property reassessment law at sale; counties assess at market value at closing, so expect your tax bill to reflect current market conditions. Fairfield County offers a Homestead Exemption of $50,000 off assessed value for primary residences — apply with the Fairfield County Assessor within 60 days of purchase. Seniors (65+) and disabled owners should contact the Fairfield County Assessor's office to confirm eligibility for additional exemptions or deferrals available in the county.