Property taxes levied on property in the state support local governments.

 

For additional information on property Taxes please see Property Tax FAQ.

 

Revenue and Fiscal affairs calculates the Millage rate Increase limitations for local government property taxes.  Additionally, Revenue and fiscal affairs provides projected revenues, historical revenues, and compiled assessment value reports.   

 

Further Revenue and Fiscal Affairs Provides an estimate of state property tax relief reimbursements for budgetary purposes. 

 

 

 

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Mary Katherine Miller
Program Manager I
Please email Mary Katherine Miller at marykatherine.miller@rfa.sc.gov for assistance, millage rate increase limitation inquiries, or other data requests.
(803) 734-3322
Government building and surroundings viewed from above
Millage Rate Increase Limitations
For counties, school districts, and municipalities
City skyline
Property Tax Reimbursements
Including the Trust Fund for Property Tax and Homestead Exemption Fund
A city viewed from above
Property Tax FAQ
Providing additional information related to property taxes in South Carolina
Millage Rate Reports

Millage rate is the taxable rate set by each local governing entity (I.E, school district, county, municipality, or special purpose district) that is applicable to all property subject to ad valorem tax within the geographic boundary of that governing entity.  

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Value of One Mill

Provides an estimate of the monetary value of one millage rate within school districts.

(Click on the image below to view corresponding pdf)

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South Carolina Value of One Mill
Statewide Millage Rate
Statewide Millage Rate
Tax Year 2019 Estimated Average Statewide Millage Rate
348.0
Statewide average millage rates are used for taxation of rail roads (§12-37-2150), aircraft (§12-37-2450), and motor carrier road use fees (§12-37-2850).
School Operating Millage
Tax Year 2019
Tax Year 2018

For more specific millage rate information by local governmental entity, the South Carolina Association of Counties provides an annual Property Tax Rate Report (external link):

SC Association of Counties Property Tax Rates Reports

 

 

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Property Values

Property taxes are assessed and collected by local governments and the S.C. Department of Revenue.  Revenue and Fiscal Affairs provides the following summary reports and charts on property tax assessed values and the tax rate for property taxes, based upon available data from the S.C. Department of Revenue.

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Assessed Value Ratios

Owner Occupied Real Property - 4%

Agricultural (Private) Real Property - 4%

Commercial and Rental Real Property - 6%

Agricultural (Corporate) Real Property - 6%

Personal Property Vehicles - 6%

Other Personal Property - 10.5%

Business Personal Property - 10.5%

Manufacturing Property - 10.5%

Utility Property - 10.5%

Motor Carrier - 9.5%

Fee-in-lieu - Not applicable

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Assessed Value Reports

Summary reports of property values by assessment classification and county

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To learn more about property tax assessments, please visit the S.C. Department of Revenue.

For detailed property tax law and policy, the Department of Revenue publishes the South Carolina Property Tax Guide. 

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Property Tax Revenue Projections

Revenue and Fiscal Affairs projects statewide property tax revenue by assessment classification for legislative fiscal impacts and planning purposes.  

(Click on an image below to view corresponding pdf)

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Projected Property Tax Revenue Pie Chart
Assessed Value Bar Chart FY 23
Property Tax Revenue Table