29654 Property Tax Rate

Property owners in ZIP code 29654 (Honea Path, South Carolina) pay a median of $794/year in property taxes on homes valued at $138,400. This translates to an effective tax rate of 0.57%, which is 6% above the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29654 is approximately $66, which factors into escrow payments on mortgages. This ZIP code is located within Anderson County. This is $241 less than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29654 has higher property taxes. ZIP codes with similar effective rates include 29940 (0.57%) and 29322 (0.57%).

In Honea Path, property taxes represent approximately 1.3% of the median household income of $62,128, providing context for the relative tax burden on homeowners in this area.

South Carolina imposes no statewide reassessment limit; Anderson County will assess your property at current market value when you buy. Anderson County provides a $50,000 Homestead Exemption for owner-occupied primary residences — apply to the Anderson County Assessor immediately following closing to shield a portion of your home's value from taxation. Request a tax estimate reflecting the exemption before your first bill arrives.