Property Taxes in Iva, South Carolina
Median IVA, South Carolina effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, and slightly higher than the South Carolina state median of 0.66%.
Median IVA, South Carolina home value: $67,400
Median annual IVA, South Carolina tax bill: $626, $1,774 lower than the national median property tax bill of $2,400.
How are property taxes in Anderson calculated?
Property taxes in IVA, South Carolina 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 IVA's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in IVA, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the IVA Property Tax Calculator Work?
Use this IVA property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies IVA's median effective tax rate of 0.70% — based on actual property records in Anderson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies IVA's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within IVA: rates range from 0.70% in 29655 to 0.70% in 29655, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across IVA.
About Iva Property Taxes
About Property Taxes in IVA, Anderson, South Carolina
IVA’s median effective property tax rate of 0.70% is lower than the South Carolina state median of 0.66% and lower than the national median of 1.02%. This rate reflects the Anderson County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across IVA. Homeowners in the 29655 ZIP code carry a median effective rate of 0.70%, while those in the same ZIP code also pay 0.70%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Anderson County. Understanding which part of IVA you live in can make a meaningful difference to your annual tax bill.
IVA homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the January 15, 2027 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Iva, Anderson County, South Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare IVA's effective property tax rate to other cities in South Carolina and the median property tax rates in South Carolina and the U.S.
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 Iva Tax Rate
0.70%
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 Anderson County Tax Rate
0.62%
Median Effective South Carolina Tax Rate
0.66%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Iva, Anderson County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29655 | 0.19% | 0.40% | 0.70% | 1.92% | 2.68% |
Source: Ownwell
Property Tax Assessment Values Across Iva, Anderson County, South Carolina
When examining property taxes in Iva, South Carolina, 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 assessor 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 October.
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. For example, the median home price in Iva is $67,400, with tax bills ranging significantly across the county. The highest median home price is in 29655 at $67,400.
Property Tax Assessment Values Across Iva, Anderson County, South Carolina
Source: Ownwell
$32,125
$145,988
$259,850
Median Iva Market Value
$67,400
Median Anderson County Market Value
$143,710
Median South Carolina Market Value
$188,850
Median United States Market Value
$274,101
Property Tax Assessment Values Across Iva, Anderson County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29655 | $11,515 | $27,352 | $67,400 | $140,820 | $239,344 |
Source: Ownwell
Property Tax Bills Across Iva, Anderson County, South Carolina
Property tax bills in IVA are based on the assessed value of a home and the local tax rate set by Anderson County and other taxing authorities. When a property is reassessed, the market value is compared with local assessment rules to determine the taxable value, which is then multiplied by the applicable tax rate to calculate the bill. For homeowners, this means a higher assessed value can lead to a larger tax bill, while a lower assessment can reduce what is owed.
In IVA, the median home price is $67,400, and property tax bills vary widely. The 25th percentile tax bill is $266, the 75th percentile is $1,169, and the 90th percentile is $1,893. The median tax bill in zip code 29655 is $626, which is well below the national median property tax bill of $2,400. Because taxes are tied to both home value and local rates, even modest changes in assessment can affect what homeowners pay each year.
Median Iva Tax Bill
$626
Median Anderson County Tax Bill
$1,024
Median South Carolina Tax Bill
$1,227
Median United States Tax Bill
$3,209
Property Tax Bills Across Iva, Anderson County, South Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 29655 | $100 | $266 | $626 | $1,169 | $1,893 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 15 |
Links | |
|---|---|
| Anderson Tax Assessor | |
| Website | acpass.andersoncountysc.org |