Pelion, Lexington County, South Carolina Property Taxes

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

Median Pelion, SC effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the South Carolina state median of 0.72%.
Median Pelion, SC home value: $46,600
Median annual Pelion, SC tax bill: $487, $1,913 lower than the national median property tax bill of $2,400.

How are property taxes in Lexington calculated?

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

Last Updated March 1, 2025

Pelion, Lexington County, South Carolina Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.6%

Estimate Property Tax Bill

$297

$275

Ownwell’s Pelion Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pelion with just two data points. By entering your property's estimated assessed value, our calculator applies Pelion’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 Lexington County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pelion, Lexington County, South Carolina

Local government entities set tax rates, which can vary widely within a state. This is due to each county estimating its required budget for services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process. In Pelion, located in Lexington County, property tax rates reflect this calculation method. With a median property tax rate of 0.58%, Pelion's rate is significantly lower than the national median property tax rate of 1.02%. This makes Pelion an attractive location for property owners looking to save on taxes. Compared to other cities in South Carolina, Pelion maintains a competitive edge with its lower property tax rate. This favorable tax climate can appeal to potential homeowners and investors seeking a cost-effective place to live or invest. By understanding how local tax rates are determined and how they compare to state and national averages, property owners in Pelion can make informed decisions about their investments.

Property Tax Rates Across Pelion, Lexington County, South Carolina

Source: Ownwell

0.44%

0.80%

1.16%

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 Pelion Tax Rate

0.60%

Median Effective Lexington County Tax Rate

0.60%

Median Effective South Carolina Tax Rate

0.66%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pelion, Lexington County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
29123	0.24%	0.59%	0.60%	2.97%	2.98%

Source: Ownwell

Property Tax Assessment Values Across Pelion, Lexington County, South Carolina

When examining property taxes in Pelion, 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 Lexington 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. In Lexington County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Pelion. For example, the median home price in Pelion is $46,600, with tax bills ranging significantly across the county. Zip code 29123 has the highest median home price at $46,600.

Property Tax Assessment Values Across Pelion, Lexington County, South Carolina

Source: Ownwell

$21,160

$158,080

$295,000

Median Pelion Market Value

$49,473

Median Lexington County Market Value

$157,196

Median South Carolina Market Value

$188,850

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pelion, Lexington County, South Carolina

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
29123	$13,596	$20,051	$49,473	$117,038	$183,663

Source: Ownwell

Property Tax Bills Across Pelion, Lexington County, South Carolina

In Pelion, located in Lexington County, SC, property tax bills are determined by the assessed value of a home. This value is a percentage of the property's market value. The median home price in Pelion is $46,600, and the property tax rate is applied to this assessed value to calculate the tax bill. The 25th percentile tax bill is $222, while the 75th percentile tax bill is $804, and at the 90th percentile, it reaches $1,259. Compared to the national median property tax bill of $2,400, Pelion's tax bills are relatively low. These variations in tax bills can significantly impact homeowners, affecting their annual budgeting and financial planning. Ownwell offers valuable assistance by identifying potential savings on property tax bills through appeals and exemptions. By analyzing your property's assessed value and comparing it with market trends, Ownwell can help ensure that homeowners are not overpaying, providing peace of mind and potentially substantial savings.

Property Tax Bills Across Pelion, Lexington County, South Carolina

Source: Ownwell

$374

$1,142

$1,909

Median Pelion Tax Bill

$501

Median Lexington County Tax Bill

$1,084

Median South Carolina Tax Bill

$1,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Pelion, Lexington County, South Carolina

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
29123	$99	$220	$501	$838	$1,391

Source: Ownwell