StateRates

Greenwood County, South Carolina property tax

The median homeowner in Greenwood County, South Carolina pays $973 a year in property tax on a home worth $166,400, an effective rate of 0.58%. The national effective rate is 0.98%.

Effective rate 0.58% #14 of 46 in South Carolina
Median tax bill $973 per year
Median home value $166,400 owner-occupied
Median income $50,635 household

What the rate means here

At 0.58%, Greenwood County taxes property more lightly than the national 0.98%. That puts the median bill at $973. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #14 of 46 South Carolina counties by effective rate, against a statewide 0.51%, and #2,159 nationally. The state runs from 0.88% in Allendale County down to 0.34% in Horry County.

The median home costs 3.29 times the median household income of $50,635, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. With 69,329 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,450 per year at 0.58%
$400,000 home $2,320 per year at 0.58%
$600,000 home $3,480 per year at 0.58%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Greenwood County, South Carolina against South Carolina and the country
Greenwood County South Carolina United States
Effective property tax 0.58% 0.51% 0.98%
Median tax bill $973 $1,199 $2,969
Median home value $166,400 $236,700 $303,400
Median gross rent $880 $1,126 $1,348
Median household income $50,635 $66,818 $78,538
Home price to income 3.29× 3.54× 3.86×
Rent as share of income 20.86% 20.22% 20.6%
Owner-occupied 66.15% 71.43% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 69,329.

Nearby counties of similar size

Other South Carolina counties
County Rate Median bill Home value
Laurens County 0.44% $673 $153,500
Kershaw County 0.49% $937 $191,900
Georgetown County 0.43% $1,117 $262,300
Darlington County 0.43% $604 $141,400
Oconee County 0.39% $856 $217,200

Greenwood County property tax: common questions

What is the property tax rate in Greenwood County, South Carolina?

The effective rate is 0.58% of home value, from a median tax bill of $973 against a median home value of $166,400. That is 0.4 points below the national 0.98%.

How much is property tax on a $400,000 home in Greenwood County?

Roughly $2,320 a year at the county effective rate of 0.58%.

Is Greenwood County expensive compared with the rest of South Carolina?

It ranks #14 of 46 South Carolina counties by effective property tax rate, and #2159 of 2,826 nationally. That is 0.07 points above the South Carolina average of 0.51%.

What does housing cost in Greenwood County?

The median home is worth $166,400 and median gross rent is $880 a month. Median household income is $50,635, which puts the home at 3.29 times annual income and rent at 20.86% of it.