29916 Property Tax Rate

Property owners in ZIP code 29916 (Early Branch, South Carolina) pay a median of $915/year in property taxes on homes valued at $98,900. This translates to an effective tax rate of 0.93%, which is 70% above the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29916 is approximately $76, which factors into escrow payments on mortgages. This ZIP code is located within Hampton County.

Compared to similar ZIP codes in South Carolina, 29916 has lower property taxes. ZIP codes with similar effective rates include 29810 (0.93%) and 29591 (0.94%).

In Early Branch, property taxes represent approximately 1.2% of the median household income of $73,333, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 29916, 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 Hampton County's tax assessor directly.