Example of Orangeburg County Property Tax Calculation
Orangeburg County calculates property taxes based on the assessed value of the property. The assessed value is determined by the County Assessor's office and is based on the market value of the property. The tax rate for Orangeburg County is currently 0.626% of the assessed value.
To calculate the property tax for a home with an assessed value of $100,000, you would simply multiply the assessed value by the tax rate:
$100,000 assessed value x 0.00626 tax rate = $626 in property taxes
It's important to note that there may be additional taxes or fees assessed by other entities, such as the school district or local municipality, that will impact the overall property tax bill.
If you want appeal your property tax assessment - contact your local tax assessor.
Orangeburg County Property Tax Rates
Here is a table listing the property tax rates in Orangeburg County, stated in US dollars per $100 of assessed property value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.748 |
| Municipalities | Varies by location |
| School Districts | Varies by location |
It is important to note that tax rates for municipalities and school districts within Orangeburg County may vary, and that property owners should consult with their local tax officials to determine the exact rates applicable to their specific location.
Who sets property tax rates in Orangeburg County ?
In Orangeburg County, property tax rates are determined by the local government. The specific agency responsible for setting property tax rates is the Orangeburg County Council. The Council typically sets the property tax rates annually during their budget hearings. They consider factors such as the county's revenue needs, the assessed value of properties, and any changes in tax laws or regulations. The property tax rates are then used to calculate the amount of taxes owed by property owners in Orangeburg County. It is important to note that property tax rates can vary depending on the location and type of property, so it is best to consult with a local tax advisor for specific information regarding your property.
Homestead exemptions in Orangeburg County ?
To assist Orangeburg County residents in understanding their homestead exemptions and deductions, the following table outlines the various categories and amounts available.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Owner-occupied primary residence | Up to $50,000 | Applies to school and county taxes |
| Senior Citizens Exemption | 65 years of age or older | Up to $50,000 | Applies to school and county taxes |
| Totally Disabled Exemption | Documented disability | Up to $100,000 | Applies to school and county taxes |
| Military Veterans Exemption | Honorably discharged veteran | Up to $50,000 | Applies to school and county taxes |
| Disabled Veterans Exemption | Honorably discharged veteran with at least 10% disability | Up to $100,000 | Applies to school and county taxes |
| Agricultural Use Property | Property used for agriculture | Varies | Applies to school and county taxes |
| Legal Residence of Fallen Hero | Surviving spouse or minor child of a military or first responder who died in the line of duty | Full exemption | Applies to school and county taxes |
Please note that eligibility criteria and exemption amounts are subject to change and may vary based on individual circumstances. It is recommended that residents consult with the Orangeburg County Auditor's Office for more information on their specific situation.
When is Orangeburg County Property Tax due ?
Orangeburg County Property Tax is typically due on January 15th of each year. However, if that day falls on a weekend or holiday, the due date will be the next business day. It's important to note that failure to pay property taxes on time can result in penalties and interest charges.
There are several payment methods available for Orangeburg County Property Tax. They include:
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Online Payment: Property owners can pay their property taxes online through the Orangeburg County Treasurer's website.
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Mail: Property owners can mail their property tax payments to the Orangeburg County Treasurer's Office.
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In-Person: Property owners can pay their property taxes in person at the Orangeburg County Treasurer's Office.
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Drop Box: Property owners can drop off their property tax payments in the drop box located outside the Orangeburg County Treasurer's Office.
It's important to keep in mind that different payment methods may have different processing times, so property owners should plan accordingly to ensure their payment is received on time.
In summary, Orangeburg County Property Tax is typically due on January 15th and can be paid through online, mail, in-person, or drop box options. Property owners should be aware of the different payment methods and processing times to avoid penalties and interest charges.
If you have more questions - contact your local tax collector.
How is Orangeburg County Property Tax penalty calculated ?
Orangeburg County Property Tax Penalty Calculation
When a property owner fails to pay their property taxes on time in Orangeburg County, they will face penalties and interest charges on the unpaid amount. The penalty calculation is based on the amount of taxes owed and the number of days past the due date.
Orangeburg County's property tax due date is January 15th each year. If payment is not received by that date, a 3% penalty is added to the unpaid taxes. Interest also begins to accrue at a rate of 0.5% per month on the unpaid balance.
For example, if a property owner owes $1,000 in property taxes and fails to pay by the due date, they will be charged a penalty of $30 (3% of $1,000) and interest will begin accruing at a rate of $5 per month ($1,000 x 0.5%). If the taxes remain unpaid for six months, the total penalty and interest charges will be $60.
To avoid penalties and interest charges, it is important to pay property taxes on time. It is also important to keep in mind that property tax rates and due dates vary by county and state, so it is essential to stay informed about local tax requirements.
We recommend contacting the Orangeburg County Tax Office or a local tax professional for the most up-to-date and accurate information.