Florence County, South Carolina Property Taxes
Census Bureau ACS property tax data for South Carolina. Population: 33,897.
The median annual property tax in Florence County is $724, which is 23% lower than the South Carolina state average and 62% below the national average. The effective tax rate is 0.44% on a median home value of $165,500. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$724
-23% vs State
-62% vs US
Median Home Value
$165,500
-9% vs State
-22% vs US
Effective Tax Rate
0.44%
-19% vs State
-54% vs US
With vs Without Mortgage
With Mortgage
$898
$75/mo
Without Mortgage
$527
$44/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $724 +4.2% | 0.44% |
| 2022 | $695 +13.6% | 0.44% |
| 2021 | $612 +4.1% | 0.44% |
| 2020 | $588 +3.3% | 0.44% |
| 2019 | $569 | 0.43% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$56,650
per year
Monthly Tax
$60
per month
Other Counties in South Carolina
Richland County
Tax: $1,569/yr Rate: 0.70%
Abbeville County
Tax: $717/yr Rate: 0.49%
Hampton County
Tax: $826/yr Rate: 0.81%
Beaufort County
Tax: $2,022/yr Rate: 0.50%
Horry County
Tax: $879/yr Rate: 0.34%
Charleston County
Tax: $1,864/yr Rate: 0.41%
Frequently Asked Questions
What is the average property tax in Florence County, South Carolina? ▼
The median annual property tax in Florence County is $724 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.44% on a median home value of $165,500.
How does Florence County property tax compare to the national average? ▼
Property taxes in Florence County are 62% below the national average of $1,923. The effective rate of 0.44% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Florence County? ▼
In Florence County, homeowners with a mortgage pay a median of $898 in annual property taxes, while homeowners without a mortgage pay $527. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Florence County? ▼
Property taxes in Florence County represent approximately 1.3% of the median household income of $56,650. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.