29501 Property Tax Rate
Florence, South Carolina · Part of Florence County
Effective Tax Rate
0.43%
7.2% below state avgMedian Annual Tax
$960
$80/mo escrow
Estimate Your Tax
Annual Tax
$960
Monthly
$80
Eff. Rate
0.43%
Buyer decision brief
What ZIP 29501 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$80/mo
Based on median annual tax paid
State context
0.11 percentage points below the South Carolina average
South Carolina average: 0.54%
Data confidence
High confidenceThe Census margin of error is $79, about 8% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Florence County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 29501 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$79 tax MOE, 8% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Florence County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 29501
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $220,800, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.43%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on South Carolina and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $80 per month before insurance, HOA dues, or special assessments.
Assessor verification
Florence County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 29501 Compares
Median Annual Property Tax
ZIP 29501
0.43%
Effective rate
South Carolina Avg
0.54%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in South Carolina
Lower than 72% of ZIP codes in South Carolina(28th percentile, 374 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 29501
Property owners in ZIP code 29501 (Florence, South Carolina) pay a median of $960/year in property taxes on homes valued at $220,800. This translates to an effective tax rate of 0.43%, which is 20% below the South Carolina state average of 0.54%.
The monthly property tax burden for a median-valued home in 29501 is approximately $80, which factors into escrow payments on mortgages. This ZIP code is located within Florence County.
Compared to similar ZIP codes in South Carolina, 29501 has higher property taxes. ZIP codes with similar effective rates include 29375 (0.43%) and 29341 (0.44%).
In Florence, property taxes represent approximately 1.4% of the median household income of $70,618, providing context for the relative tax burden on homeowners in this area.
South Carolina conducts countywide property revaluations every 5 years without purchase-price protections — your assessment resets at the next cycle and may rise significantly. Florence County offers a Homestead Exemption ($50,000 off assessed value for primary residences, subject to income limits) and Senior Citizens Exemption; file your application with the Florence County Assessor to reduce taxable base. Submit your homestead exemption application to the Florence County Assessor within 30 days of closing and confirm the exemption is recorded before the next county revaluation.
Frequently Asked Questions
What is the property tax rate in ZIP code 29501?
How much are property taxes in Florence, SC (29501)?
How does ZIP 29501 compare to the South Carolina average?
What is the median home value in ZIP 29501?
What county is ZIP code 29501 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$79. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 29501 is part of Florence County, South Carolina. View the full county profile for broader context and more data.
View Florence County on TaxByCounty →Explore Florence, SC
View all 3 ZIP codes in Florence with property tax comparisons.
View Florence Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 29501
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
29505
Florence, SC
0.01 percentage points lower than ZIP 29501.
Rate
0.42%
Tax
$736
Quality
96
29114
Olanta, SC
0.08 percentage points lower than ZIP 29501.
Rate
0.36%
Tax
$361
Quality
84
29555
Johnsonville, SC
0.07 percentage points lower than ZIP 29501.
Rate
0.37%
Tax
$439
Quality
84
29482
Sullivans Island, SC
0.04 percentage points lower than ZIP 29501.
Rate
0.39%
Tax
$7,885
Quality
75
29941
Sheldon, SC
$1,779,201 higher median home value than ZIP 29501.
Rate
0.50%
Tax
$10,001
Quality
70
29451
Isle Of Palms, SC
0.16 percentage points lower than ZIP 29501.
Rate
0.28%
Tax
$3,350
Quality
77
29401
Charleston, SC
$945,100 higher median home value than ZIP 29501.
Rate
0.54%
Tax
$6,239
Quality
94
29439
Folly Beach, SC
0.06 percentage points lower than ZIP 29501.
Rate
0.38%
Tax
$3,788
Quality
77
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.