29838 Property Tax Rate

Property owners in ZIP code 29838 (Modoc, South Carolina) pay a median of $1,663/year in property taxes on homes valued at $353,600. This translates to an effective tax rate of 0.47%, which is 13% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29838 is approximately $139, which factors into escrow payments on mortgages. This ZIP code is located within Edgefield County. This is $628 more than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29838 has lower property taxes. ZIP codes with similar effective rates include 29732 (0.47%) and 29006 (0.47%).

In Modoc, property taxes represent approximately 1.7% of the median household income of $95,100, 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.