You'll LOVE our Property Tax rates!

Can you BELIEVE....we pay ANNUAL property taxes on our homes which is equal to most northeastern counties MONTHLY taxes!!  The numbers are staggering of what I've been told residents pay up north.  When you consider someone being on a fixed income, this is a major component to consider when thinking of moving south.  Imagine saving $10,000 - $20,000 or MORE each year in taxes alone!

Below is an example of how property taxes are figured, based on the property being your Primary Residence.  If you own a home which is a vacation home or rental home, the Assessment Ratio is 6%, instead of 4%.   

 This example includes a home located in the unincorporated area of Horry County. (Qualified legal residence)

$125,000		Fair Market Value of home
x 4%		Assessment Ratio (4% if qualified legal resident)
5,000		Assessed Value
x .2093		Countywide Millage Rate
$1046.50		TAXES

There may be other tax credits or deductions during the upcoming year from other agencies, but this is a good example, taken from the Horry County website. 

For more information, please visit our tax Assessor's pages of the Horry County website to learn more:
 http://www.horrycounty.org/depts/finance/assessor.asp