Property Tax & Income in Lancaster County, South Carolina
Lancaster County has an effective property tax rate of 0.50%. On the median home value of $329,900, that's roughly $1,657 per year. Median household income is $78,869.
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 | Lancaster County | South Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.50% | 0.51% |
| Median home value1 | $329,900 | — |
| 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 Lancaster County, SC
In Lancaster County, South Carolina, the median home value of $329,900 carries an annual property tax bill of about $1,657, based on an effective rate of 0.502%. That rate sits just under South Carolina's statewide median of 0.508% and ranks 25th among the state's 46 counties, placing the county squarely in the middle of the pack locally. Nationally, it looks even better: the U.S. median effective rate is 0.794%, so buyers here pay proportionally less than in many other parts of the country. Households earning a median of $78,869, with per-capita income at $43,133, would find that tax bill equals roughly two percent of annual household earnings. Fort Mill and Lancaster anchor the county, and the combination of mid-tier state ranking and below-average national taxation keeps ownership costs comparatively contained.