29924 Property Tax Rate

Property owners in ZIP code 29924 (Hampton, South Carolina) pay a median of $1,212/year in property taxes on homes valued at $145,400. This translates to an effective tax rate of 0.83%, which is 53% above the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29924 is approximately $101, which factors into escrow payments on mortgages. This ZIP code is located within Hampton County.

Compared to similar ZIP codes in South Carolina, 29924 has higher property taxes. ZIP codes with similar effective rates include 29525 (0.83%) and 29003 (0.83%).

In Hampton, property taxes represent approximately 3.0% of the median household income of $39,914, providing context for the relative tax burden on homeowners in this area.

South Carolina reassesses property to market value at sale with no annual cap; Hampton County will establish a new tax basis from your acquisition price. Hampton County homeowners qualify for a $50,000 Homestead Exemption for owner-occupied primary residences — apply to the Hampton County Assessor's office before the end of the calendar year following purchase to secure tax relief. Verify the exemption on your property record.