Understanding Property Taxes in Horry County, SC: A Guide for New Residents
If you’ve just moved to Horry County, South Carolina—welcome! Whether you chose Myrtle Beach, Conway, North Myrtle, or anywhere in between, you’re now part of a fast-growing and exciting community.
One of the first things new homeowners need to understand is property taxes. They might seem confusing at first, but don’t worry—we’re breaking it all down in a simple way. Let’s walk through everything you need to know.
What Are Property Taxes?
First, let’s start with the basics. Property taxes are fees you pay each year based on your home’s value. These taxes help fund local services like public schools, police and fire departments, road maintenance, and more.
In Horry County, property taxes are lower than the national average, especially if the home is your primary residence. That’s important, because there’s a big difference between owning a second home here and living in the home full time.
Primary Residence vs. Second Home: Why It Matters
Next, let’s talk about why it’s important to apply for the primary residence rate. If you don’t, your property tax bill could be nearly three times higher.
Here’s the difference:
- Primary Residence: You live in the home full-time and it’s your legal address. Tax rate = 4% assessment ratio
- Second Home or Investment Property: You live elsewhere or rent it out. Tax rate = 6% assessment ratio
That might not sound like a lot, but it can mean thousands of dollars in savings each year!
How to Apply for the 4% Primary Residence Rate
If you plan to live in your home full-time, you’ll want to apply for the lower 4% tax rate. Here’s how to do it step-by-step:
1. Gather Your Documents
Before you apply, make sure you have the following:
- South Carolina driver’s license showing your new address
- South Carolina vehicle registration for any cars you own
- A copy of your closing statement (HUD or ALTA form)
- Your social security number
- Voter registration (if applicable) showing SC residency
These documents prove that you’ve made Horry County your permanent home.
2. Fill Out the Application
You’ll need to complete the Legal Residence Application, sometimes called the 4% application. This form can be found on the Horry County Assessor’s Office website or picked up in person.
3. Submit Your Application
You can turn in the form:
- Online through the county’s website
- In person at the Horry County Assessor’s Office
- Or by mail
Make sure to submit everything before the January 15th deadline following the year you purchased the home. The sooner, the better!
When Will the Lower Tax Rate Apply?
If your application is approved, your home will be taxed at the 4% rate starting January 1st of the year following your move. So, if you closed in 2025 and apply on time, your lower tax rate kicks in for the 2026 tax year.
How Much Will My Property Taxes Be?
Great question! In general, Horry County has one of the lowest property tax rates in South Carolina. As of 2025, the average property tax rate is about 0.53% of your home’s value.
Let’s say your home is worth $300,000. If it’s your primary residence, your tax bill might be around:
- Assessment value: $300,000 × 4% = $12,000
- Multiply that by the millage rate (about 200 mills or 0.20): $12,000 × 0.20 = $2,400
If your home is taxed at the 6% rate instead? That bill could go up to $3,600 or more. Big difference!
What If You Forget to Apply?
If you don’t apply for the primary residence rate, your home will be taxed at the higher 6% investment property rate by default. That means you’ll pay more—possibly much more.
But don’t panic! If you miss the deadline, you might still qualify for a refund if you apply within two tax years and can prove that you lived in the home full-time.
Other Important Things to Know
Vehicle Taxes: Once you register your car in South Carolina, you’ll get a vehicle property tax bill each year. It’s separate from your home taxes but based on your car’s value.
Homestead Exemption (Age 65+): If you’re 65 or older (or disabled), you may qualify for an additional discount on your home taxes. Make sure to ask about this when applying!
Tax Bills: Horry County sends tax bills out in the fall, and they’re due by January 15th of the following year.
Final Thoughts
Moving to Horry County is exciting, but staying on top of your property tax paperwork is key. By applying for the 4% primary residence rate, you can save thousands of dollars and avoid surprises in your mailbox.
So, once you unpack those boxes and settle in, be sure to:
- Update your driver’s license and vehicle registration
- Apply for the 4% Legal Residence rate
- Keep your documents organized just in case
And if you ever feel stuck, the Horry County Assessor’s Office is there to help.
If you ever need real estate assistance in the Myrtle Beach area, visit jeremyblanton.com to schedule a call with Jeremy Blanton
Welcome home, neighbor.
