SC Homestead Property Tax Exemption

About This Program

South Carolina's Homestead Exemption provides a complete property tax exemption on the first $50,000 in Fair Market Value of a primary residence for homeowners age 65+, totally and permanently disabled, or legally blind. Pending 2025–2026 legislation may increase the exemption to $100,000–$150,000. Disabled veterans may qualify for a full exemption on their primary residence.

Savings depend on local millage rate. At SC's average effective rate (~0.57%) on $50,000, annual savings are approximately $285.

Key Details

• Exempts first $50,000 Fair Market Value from all property taxes
• Eligibility: age 65+, totally/permanently disabled, or legally blind
• Disabled veterans may qualify for full exemption on primary residence
• Apply at your county auditor's office by July 15
• 2025 legislation pending to raise exemption to $100,000–$150,000

How to Apply

Deadline: Apply by July 15 of the tax year