29824 Property Tax Rate

Property owners in ZIP code 29824 (Edgefield, South Carolina) pay a median of $737/year in property taxes on homes valued at $123,400. This translates to an effective tax rate of 0.60%, which is 10% above the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29824 is approximately $61, which factors into escrow payments on mortgages. This ZIP code is located within Edgefield County. This is $298 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29824 has higher property taxes. ZIP codes with similar effective rates include 29059 (0.60%) and 29816 (0.60%).

In Edgefield, property taxes represent approximately 1.6% of the median household income of $46,984, providing context for the relative tax burden on homeowners in this area.

South Carolina reassesses property to current market value at sale with no cap; Edgefield County will establish a new tax basis from your purchase price. Edgefield County grants a $50,000 Homestead Exemption for primary residences — apply to the Edgefield County Assessor's office immediately following closing to reduce your assessed value. Confirm receipt and processing of your exemption claim with the assessor.