The 4% vs. 6% Question: Property Tax for New South Carolina Owners

One of the first surprises for buyers moving to South Carolina is how much the property tax bill depends on how you use the home.

Two assessment ratios

South Carolina assesses a qualifying legal residence at 4% of its taxable value. Second homes, rentals and other property are assessed at 6%. The same house can carry a noticeably different tax bill depending on which ratio applies.

Applying for the 4% ratio

The lower ratio isn't automatic. If the home will be your primary residence, you apply for the legal residence assessment with the county. Beaufort County sets the deadlines and the paperwork, so check its current requirements after you close.

What this means when you're shopping

• When you look at a listing's tax history, ask which ratio the current owner had.
• If the seller paid at 4% and you'll use the home as a second home, your bill may be higher.
• If you're moving here full time, budget using the 4% figure, then apply promptly.

We flag the tax status on every home we show you, so the number you budget for is the number you'll actually pay. For advice on your own situation, talk to a tax professional.