North Myrtle Beach Real Estate Tax Rate

These formulas will give you an estimate on your real estate taxes in horry county south carolina.

North myrtle beach real estate tax rate.

Multiplied by millage x 285. The county sales tax rate is. There are ways to reduce your tax liability and you may qualify for eligible tax credits. It must be your primary residence.

For comparison the average property tax rate nationwide is 1 1 percent. X 6 secondary residence rate x 2630 2017 horry county with city of myrtle beach millage rate 2 367 00 total property taxes due that year 250 000 assessed value primary residents who have filled out the legal resident application qualify for 4. The 2018 united states supreme court decision in south dakota v. Industrial ratio is 10.

X 2415 general myrtle beach city millage 066 1 county millage 175 4 1 207 50 taxes due there are circumstances and factors which may prompt a property or owner to be eligible for special tax exemptions a special state of being free from an obligation imposed on others. Now you probably want know how to qualify. The current ratio for primary home ownership is 4. You must be a legal resident of south carolina for at least one year.

The myrtle beach sales tax rate is. Multiplied by 4 ratio 2 000. The average home has a roughly 0 5 percent property tax bill. The south carolina sales tax rate is currently.

New value of home 50 000. Real estate tax rates in horry county. If it is secondary residence rental commercial or land the ratio is 6. Total taxes due 570.

The minimum combined 2020 sales tax rate for myrtle beach south carolina is. If you re considering myrtle beach real estate investment know that the state is near the bottom in terms of property taxes.