29689 Property Tax Rate

Property owners in ZIP code 29689 (Townville, South Carolina) pay a median of $1,753/year in property taxes on homes valued at $337,100. This translates to an effective tax rate of 0.52%, which is 4% below the South Carolina state average of 0.54%.

The monthly property tax burden for a median-valued home in 29689 is approximately $146, which factors into escrow payments on mortgages. This ZIP code is located within Anderson County. This is $718 more than the South Carolina average of $1,035/year.

Compared to similar ZIP codes in South Carolina, 29689 has lower property taxes. ZIP codes with similar effective rates include 29563 (0.52%) and 29334 (0.52%).

In Townville, property taxes represent approximately 2.5% of the median household income of $71,250, 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.