Total monthly cost of ownership
Cost to Own a Home in Bennettsville, South Carolina
A $83,000 home here costs
$803per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $427. The real number is $376 higher every month — 88% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bennettsville against Marlboro County and South Carolina
| Measure | Bennettsville | Marlboro County |
|---|---|---|
| Median home value | $82,700 | $74,500 |
| Median property tax | $639 | $475 |
| Effective tax rate | 0.773% | 0.638% |
| Median gross rent | $650 | $686 |
| Population | 6,798 | 26,285 |
The weather behind that power bill
Bennettsville sits in Marlboro County, which averages a high of 91.5°F in its hottest month and a low of 34.3°F in its coldest, with 41.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,023 cooling and 2,594 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Marlboro County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marlboro County
Full Marlboro County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Bennettsville?
A $83,000 home in Bennettsville, South Carolina costs approximately $803 per month with 20% down at 6.66%. That is $427 principal and interest, $53 property tax, $40 homeowners insurance, $213 utilities and $69 set aside for maintenance.
What is the property tax rate in Bennettsville?
Bennettsville has an effective property tax rate of 0.773%, based on a median home value of $82,700 and median real estate taxes of $639. That is higher than the Marlboro County average of 0.638%.
What is the average home price in Bennettsville?
The median owner-occupied home value in Bennettsville, South Carolina is $82,700, against $74,500 across Marlboro County.
Is it cheaper to rent or buy in Bennettsville?
Median gross rent in Bennettsville is $650 a month, against $803 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bennettsville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.