Cost to Own
United StatesSouth CarolinaAbbeville CountyCalhoun Falls Population 1,897 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Calhoun Falls, South Carolina

A $63,000 home here costs

$661

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $324. The real number is $337 higher every month — 104% more than the payment most buyers budget for.

Calhoun Falls median: $62,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $50,400 borrowed $324
Property tax0.779% effective rate for Calhoun Falls itself $41
Homeowners insuranceSouth Carolina averages $1,432/yr (NAIC), or 0.578% of home value $30
Electricity16.18¢/kWh — South Carolina residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $53
Total monthly $661

Calhoun Falls against Abbeville County and South Carolina

MeasureCalhoun FallsAbbeville County
Median home value$62,500$147,200
Median property tax$487$717
Effective tax rate0.779%0.487%
Median gross rent$476$634
Population1,89724,352

The weather behind that power bill

Calhoun Falls sits in Abbeville County, which averages a high of 90.2°F in its hottest month and a low of 31.8°F in its coldest, with 42.01" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,676 cooling and 3,048 heating degree days, which is what sets the $145 electricity line above.

See the full climate breakdown for Abbeville County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Abbeville County

Full Abbeville County cost breakdown · Every county in South Carolina

Common questions

How much does it cost to own a home in Calhoun Falls?

A $63,000 home in Calhoun Falls, South Carolina costs approximately $661 per month with 20% down at 6.66%. That is $324 principal and interest, $41 property tax, $30 homeowners insurance, $213 utilities and $53 set aside for maintenance.

What is the property tax rate in Calhoun Falls?

Calhoun Falls has an effective property tax rate of 0.779%, based on a median home value of $62,500 and median real estate taxes of $487. That is higher than the Abbeville County average of 0.487%.

What is the average home price in Calhoun Falls?

The median owner-occupied home value in Calhoun Falls, South Carolina is $62,500, against $147,200 across Abbeville County.

Is it cheaper to rent or buy in Calhoun Falls?

Median gross rent in Calhoun Falls is $476 a month, against $661 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 Calhoun Falls — 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.

Full methodology