The Direct Answer: In Anderson, SC, property taxes are calculated using a three-part formula: Market Value × Assessment Ratio × Millage Rate. For 2026, most primary residents qualify for a 4% assessment ratio, while second homes and rentals are taxed at 6%. Real property tax notices are typically mailed October 1st and payment is due in full by January 15th.

1. 4% vs. 6%: The "Owner-Occupied" Difference

In South Carolina, the way you use your home determines your tax rate. This distinction creates a significant cost gap for homeowners and investors alike.

• 4% Assessment (Legal Residence): Reserved for your primary, owner-occupied home. This rate is not automatic; new owners must apply with the Anderson County Assessor’s Office.

• 6% Assessment (Non-Legal Residence): Applies to second homes, vacation rentals, and investment properties.

• The Impact: On a $300,000 home, a 6% ratio results in an assessed value 50% higher than a 4% ratio, often leading to thousands of dollars in extra annual taxes.

2. Understanding Millage Rates in Anderson

A millage rate represents the amount of tax per $1,000 of assessed value. Your total bill is a combination of several local taxing jurisdictions:

• Anderson County: General operations and infrastructure.

• School Districts: Varies by location (e.g., Anderson District 5 approved a balanced 2025–26 budget with no millage increase).

• Municipalities: If you live inside the City of Anderson, you will pay an additional city millage on top of county taxes.

3. 2026 Important Dates & Deadlines

Mark your calendar to avoid penalties that begin the day after the deadline.

4. How to Apply for the 4% Tax Rate

To qualify for the lower rate, the property must be your legal residence where you are domiciled.

• Where to Apply: You must submit your application to the Anderson County Assessor’s Office.

• Required Proof: Typically requires copies of your SC Driver’s License and Vehicle Registration reflecting your new Anderson address.

• Deadline: Applications must be submitted no later than the first penalty date, usually January 15th.

Common Mistakes: The "Hidden" Costs

• Ignoring Vehicle Property Taxes: Unlike real estate, vehicle taxes must be paid before you can register your car or renew your license plates in SC.

• Assuming Escrow Covers Everything: While many mortgages escrow for real estate taxes, they never include vehicle property taxes.

• Missing Reassessment: Anderson County reassesses property values every five years to align with market conditions. If you buy a home that hasn't been reassessed recently, your bill may jump significantly after the next cycle.

Ready to crunch the numbers?

Property taxes shouldn't be a mystery. As a local expert, I can help you calculate your exact 2026 tax liability for any property you're considering in Anderson County.