29435 Property Tax Rate

Property owners in ZIP code 29435 (Cottageville, South Carolina) pay a median of $829/year in property taxes on homes valued at $161,500. This translates to an effective tax rate of 0.51%, which is 6% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29435 is approximately $69, which factors into escrow payments on mortgages. This ZIP code is located within Colleton County. This is $206 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29435 has higher property taxes. ZIP codes with similar effective rates include 29072 (0.51%) and 29481 (0.51%).

In Cottageville, property taxes represent approximately 1.6% of the median household income of $51,310, providing context for the relative tax burden on homeowners in this area.

South Carolina revalues all properties countywide every 5 years regardless of purchase price — your assessment will reset at the next cycle without protections against increases. Colleton County offers a Homestead Exemption ($50,000 off assessed value for primary residences, income-qualified) and Senior Citizens Exemption; file with the Colleton County Assessor to claim the deduction. Submit your homestead exemption application to the Colleton County Assessor within 30 days of closing and confirm it is applied before the next county-wide revaluation.