Total monthly cost of ownership
Cost to Own a Home in Pelzer, South Carolina
A $170,000 home here costs
$1,341per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $874. The real number is $467 higher every month — 53% 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.
Pelzer against Anderson County and South Carolina
| Measure | Pelzer | Anderson County |
|---|---|---|
| Median home value | $170,400 | $212,500 |
| Median property tax | $356 | $985 |
| Effective tax rate | 0.209% | 0.464% |
| Median gross rent | $1,036 | $952 |
| Population | 1,570 | 207,218 |
The weather behind that power bill
Pelzer sits in Anderson County, which averages a high of 90.7°F in its hottest month and a low of 32.5°F in its coldest, with 50.25" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,864 cooling and 2,935 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Anderson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Anderson County
Full Anderson County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Pelzer?
A $170,000 home in Pelzer, South Carolina costs approximately $1,341 per month with 20% down at 6.66%. That is $874 principal and interest, $30 property tax, $82 homeowners insurance, $213 utilities and $142 set aside for maintenance.
What is the property tax rate in Pelzer?
Pelzer has an effective property tax rate of 0.209%, based on a median home value of $170,400 and median real estate taxes of $356. That is lower than the Anderson County average of 0.464%.
What is the average home price in Pelzer?
The median owner-occupied home value in Pelzer, South Carolina is $170,400, against $212,500 across Anderson County.
Is it cheaper to rent or buy in Pelzer?
Median gross rent in Pelzer is $1,036 a month, against $1,341 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 Pelzer — 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.