Florence, SC Property Tax Rates
Compare property tax rates across 3 ZIP codes in Florence, South Carolina.
Avg Tax Rate
0.44%
Avg Annual Tax
$741
Avg Home Value
$169,767
ZIP Codes
3
Property Tax Overview: Florence, SC
Florence has 3 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.44%, which is 19% below the South Carolina average of 0.54%. Annual property taxes range from $736 (ZIP 29505) to $526 (ZIP 29506).
For a home at Florence's median value of $169,767, property taxes add approximately $62/month to housing costs. Florence home values are below the South Carolina median of $207,711, which moderates the overall monthly tax burden.
Property tax rates within Florence vary by 0.04 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Florence vs South Carolina Average
Effective Tax Rate
19% below state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Florence, SC?
The average effective property tax rate in Florence, South Carolina is 0.44%, based on 3 ZIP codes.
How much is property tax in Florence, SC?
The average median annual property tax in Florence is $741 per year, with a median home value of $169,767.
Which ZIP code in Florence has the lowest property tax rate?
ZIP code 29505 has the lowest effective tax rate in Florence at 0.42%, with a median annual tax of $736.
How many ZIP codes are in Florence, SC?
Florence, South Carolina has 3 ZIP codes with property tax data available.
Which ZIP code in Florence has the highest property tax rate?
ZIP code 29506 has the highest effective tax rate in Florence at 0.46%, with a median annual tax of $526.
How do Florence property taxes compare to the South Carolina average?
Florence's average effective rate of 0.44% is 19% below the South Carolina state average of 0.54%.
What factors affect property tax rates between ZIP codes in Florence?
Property tax rate differences within Florence are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Florence Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: South Carolina reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Florence, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Other Cities in South Carolina
Looking for county-level property tax data? View Florence County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.