29836 Property Tax Rate

Property owners in ZIP code 29836 (Martin, South Carolina) pay a median of $500/year in property taxes on homes valued at $55,500. This translates to an effective tax rate of 0.90%, which is 66% above the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29836 is approximately $42, which factors into escrow payments on mortgages. This ZIP code is located within Allendale County. This is $535 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29836 has lower property taxes. ZIP codes with similar effective rates include 29729 (0.90%) and 29843 (0.90%).

In Martin, property taxes represent approximately 1.9% of the median household income of $26,375, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 29836, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Allendale County's tax assessor directly.