McCormick County, South Carolina Property Taxes
Census Bureau ACS property tax data for South Carolina. Population: 3,445.
The median annual property tax in McCormick County is $1,014, which is 8% higher than the South Carolina state average and 47% below the national average. The effective tax rate is 0.64% on a median home value of $159,000. Property taxes represent 1.8% of the median household income in this county.
Median Annual Tax
$1,014
+8% vs State
-47% vs US
Median Home Value
$159,000
-12% vs State
-25% vs US
Effective Tax Rate
0.64%
+19% vs State
-33% vs US
With vs Without Mortgage
With Mortgage
$1,547
$129/mo
Without Mortgage
$793
$66/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 | $1,014 +14.4% | 0.64% |
| 2022 | $886 +4.6% | 0.74% |
| 2021 | $847 +3.5% | 0.74% |
| 2020 | $818 +10.7% | 0.71% |
| 2019 | $739 | 0.63% |
Tax Burden
Tax-to-Income Ratio
1.8%
of median household income
Median Income
$55,344
per year
Monthly Tax
$85
per month
Other Counties in South Carolina
Union County
Tax: $558/yr Rate: 0.56%
Chester County
Tax: $846/yr Rate: 0.59%
Horry County
Tax: $879/yr Rate: 0.34%
Orangeburg County
Tax: $724/yr Rate: 0.66%
Lexington County
Tax: $1,136/yr Rate: 0.52%
Beaufort County
Tax: $2,022/yr Rate: 0.50%
Frequently Asked Questions
What is the average property tax in McCormick County, South Carolina? ▼
The median annual property tax in McCormick County is $1,014 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.64% on a median home value of $159,000.
How does McCormick County property tax compare to the national average? ▼
Property taxes in McCormick County are 47% below the national average of $1,923. The effective rate of 0.64% compares to 0.95% nationally.
Does having a mortgage affect property taxes in McCormick County? ▼
In McCormick County, homeowners with a mortgage pay a median of $1,547 in annual property taxes, while homeowners without a mortgage pay $793. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in McCormick County? ▼
Property taxes in McCormick County represent approximately 1.8% of the median household income of $55,344. 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.