Property Tax & Income in Florence County, South Carolina
Florence County has an effective property tax rate of 0.42%. On the median home value of $177,900, that's roughly $756 per year. Median household income is $58,305.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Florence County | South Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.42% | 0.51% |
| Median home value1 | $177,900 | — |
| State income tax3 | top rate 6.20% | top rate 6.20% |
| State sales tax3 | 7.49% combined | 7.49% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Florence County, SC
Buying a home in Florence County comes with a lighter tax load than much of South Carolina. The county's effective property tax rate sits at 0.425%, under the statewide median of 0.508% and well below the national figure of 0.794%. On a median home value of $177,900, that works out to an annual real-estate tax bill of just $756 — a notably affordable figure for buyers weighing their monthly costs. Florence, the largest city in the county, anchors a region that also includes Coward and Effingham. Households here earn a median of $58,305, with per-capita income at $33,071. Among South Carolina's 46 counties, Florence County ranks 36th by property tax rate, placing it toward the lower-tax end of the state. For anyone considering a purchase here, the combination of moderate home prices and a below-average tax rate keeps ongoing ownership costs comparatively easy to absorb.