What Are The Various Assessment Rates Currently In Use?
The current assessment ratios for the state of South Carolina are as follows based on fair market value:
- Primary Residences 4%
- Other Real Estate 6%
- Personal Property (Watercraft, Campers, Business Personal Property) 10.5%
- Aircraft 4%
- Commercial boats 5%
- Primary-residence Boats 4%
- Agricultural Property (privately owned) 4%
- Agricultural Property (corporate owned) 6%
- Manufacturing & Utility Property 10.5%
- Railroad, Airline, & Pipeline Property 9.5%
- Motor Vehicle 6.00% - 10.5%
- Motor Homes (See County Auditor for details on the 6% rate.) 6% - 10.5%