29148 Property Tax Rate

Property owners in ZIP code 29148 (Summerton, South Carolina) pay a median of $738/year in property taxes on homes valued at $153,400. This translates to an effective tax rate of 0.48%, which is 11% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29148 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Clarendon County. This is $297 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29148 has lower property taxes. ZIP codes with similar effective rates include 29615 (0.48%) and 29730 (0.48%).

In Summerton, property taxes represent approximately 1.6% of the median household income of $46,455, 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. Clarendon County offers a Homestead Exemption of $50,000 off assessed value for primary residences — apply with the Clarendon County Assessor within 60 days of purchase to reduce your annual tax bill. Seniors (65+) and disabled owners should inquire with the Clarendon County Assessor about additional exemptions or deferrals, as eligibility varies by county.