29645 Property Tax Rate

Property owners in ZIP code 29645 (Gray Court, South Carolina) pay a median of $594/year in property taxes on homes valued at $163,700. This translates to an effective tax rate of 0.36%, which is 33% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29645 is approximately $50, which factors into escrow payments on mortgages. This ZIP code is located within Laurens County. This is $441 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29645 has lower property taxes. ZIP codes with similar effective rates include 29594 (0.36%) and 29726 (0.36%).

In Gray Court, property taxes represent approximately 1.0% of the median household income of $59,643, 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 can increase significantly at the next revaluation cycle. Laurens County offers a Homestead Exemption ($50,000 off assessed value for primary residences, income-qualified) and Senior Citizens Exemption; apply with the Laurens County Assessor to reduce your taxable base. Submit your homestead exemption claim to the Laurens County Assessor within 30 days of closing and verify receipt before the next county-wide revaluation cycle.