Property Tax & Income in Richland County, South Carolina
Richland County has an effective property tax rate of 0.67%. On the median home value of $242,800, that's roughly $1,637 per year. Median household income is $63,784.
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 | Richland County | South Carolina (state context) |
|---|---|---|
| Effective property tax rate1 | 0.67% | 0.51% |
| Median home value1 | $242,800 | — |
| 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 Richland County, SC
Richland County’s effective property tax rate of 0.674% sits above South Carolina’s statewide median of 0.508%, and the county ranks 5th out of 46 on this measure — a notably high position within the state. Against the national median of 0.794%, however, the rate falls below average. That split signals a county where property taxes run heavier than most South Carolina places but remain lighter than the country as a whole. A median home value of $242,800 produces an annual real-estate tax bill of about $1,637. With median household income at $63,784 and per-capita income at $37,859, these figures reflect the Columbia-area market, since Columbia is the county’s largest city. Buyers comparing Richland to neighboring South Carolina counties should expect to pay somewhat more in property tax, even as the national picture looks different.