Three SC Metro with Large Property Tax Increases From 2020 to 2021
An analysis published this week shows that three South Carolina metropolitan areas were amongst twenty other metro areas in the United States that saw the highest increase in property taxes from 2020 to 2021. The Greenville, Columbia, and Charleston metro areas ranked 18th, 14th, and 13th respectively in property tax growth from 2020 to 2021 with average property taxes rising roughly 10-12% during this time period. To be included in the report, each metro area had to have a population of at least 500,000.
Sales of homes in South Carolina increased by 11.1% during that same period while median sales prices also rose by 13.8% according to the South Carolina Realtors 2021 Annual Report.
