Honea Path, Anderson County, South Carolina Property Taxes

Name: Property Tax Bills Across Honea Path, Anderson County, South Carolina
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Honea Path, SC effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but higher than the South Carolina state median of 0.72%.
Median Honea Path, SC home value: $97,740
Median annual Honea Path, SC tax bill: $811, $1,589 lower than the national median property tax bill of $2,400.

How are property taxes in Anderson County calculated?

Property taxes in Honea Path, SC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Honea Path’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Honea Path, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Honea Path, Anderson County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$723

$671

Ownwell’s Honea Path Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Honea Path with just two data points. By entering your property's estimated assessed value, our calculator applies Honea Path’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Anderson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Honea Path, Anderson County, South Carolina

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Honea Path, located in Anderson County, SC, the effective property tax rate stands at 0.74%, aligning with the highest and lowest median tax rates within the area. This rate is notably lower than the national median property tax rate of 1.02%. Consequently, homeowners in Honea Path enjoy a more favorable tax environment compared to the national average. When considering property tax bills, the national median is $2,400, which further highlights the affordability of Honea Path's property taxes.

Comparing Honea Path’s effective property tax rate to other cities in South Carolina and the median property tax rates in the U.S. can provide valuable insights for homeowners. Understanding these differences is crucial for anyone considering property investments or relocations in the area.

Property Tax Rates Across Honea Path, Anderson County, South Carolina

Source: Ownwell

0.49%

1.07%

1.65%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Honea Path Tax Rate

0.74%

Median Effective Anderson County Tax Rate

0.55%

Median Effective South Carolina Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Honea Path, Anderson County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29654	0.20%	0.41%	0.74%	1.84%	2.97%

Source: Ownwell

Property Tax Assessment Values Across Honea Path, Anderson County, South Carolina

When examining property taxes in Honea Path, SC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Anderson County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Anderson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Honea Path.

For example, the median home price in Honea Path is $97,740, with tax bills ranging significantly across the county. Zip code 29654 has the highest median home price at $97,740.

Property Tax Assessment Values Across Honea Path, Anderson County, South Carolina

Source: Ownwell

$39,580

$147,245

$254,910

Median Honea Path Market Value

$97,740

Median Anderson County Market Value

$138,430

Median South Carolina Market Value

$140,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Honea Path, Anderson County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29654	$16,201	$41,050	$97,740	$172,220	$267,110

Source: Ownwell

Property Tax Bills Across Honea Path, Anderson County, South Carolina

In Honea Path, Anderson County, SC, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in this area face a median property tax bill of $811, significantly lower than the national median of $2400. Factors such as local tax rates and property assessments determine the final tax bill. While the tax bill at the 25th percentile is $372, it rises to $1350 at the 75th percentile, and the 90th percentile reaches $2074, indicating variability based on property value and location. These taxes impact homeowners by contributing to local services like schools and infrastructure, but they can also be a financial burden. Ownwell helps homeowners by providing property tax appeal and exemption services, potentially reducing tax bills. By reviewing assessments and identifying discrepancies, Ownwell can assist homeowners in saving money, ensuring they only pay their fair share. This service is invaluable in managing and lowering property tax expenses.

Property Tax Bills Across Honea Path, Anderson County, South Carolina

Source: Ownwell

$490

$1,274

$2,058

Median Honea Path Tax Bill

$811

Median Anderson County Tax Bill

$929

Median South Carolina Tax Bill

$1,086

Median United States Tax Bill

$2,400

Property Tax Bills Across Honea Path, Anderson County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29654	$121	$372	$811	$1,350	$2,074

Source: Ownwell