29472 Property Tax Rate

Property owners in ZIP code 29472 (Ridgeville, South Carolina) pay a median of $1,324/year in property taxes on homes valued at $246,000. This translates to an effective tax rate of 0.54%, which is near the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29472 is approximately $110, which factors into escrow payments on mortgages. This ZIP code is located within Dorchester County. This is $289 more than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29472 has higher property taxes. ZIP codes with similar effective rates include 29720 (0.54%) and 29038 (0.54%).

In Ridgeville, property taxes represent approximately 1.8% of the median household income of $73,207, providing context for the relative tax burden on homeowners in this area.

South Carolina imposes property taxes at the county level with no statewide reassessment cap; the Dorchester County Assessor resets your home's assessed value to fair market value upon purchase. Dorchester County offers a Homestead Exemption of $50,000 off assessed value for primary residences — contact the Dorchester County Assessor's office immediately after closing to apply. File your exemption claim within the first tax year of ownership to lock in the benefit on your tax bill.