Total monthly cost of ownership
Cost to Own a Home in West Pelzer, South Carolina
A $126,000 home here costs
$1,148per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $49,000 a year.
A standard mortgage calculator would have told you $687. The real number is $461 higher every month, 67% more than the payment most buyers budget for.
Compare Anderson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for West Pelzer from a five-year rolling sample, and with about 1,276 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Anderson County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
West Pelzer against Anderson County and South Carolina
| Measure | West Pelzer | Anderson County |
|---|---|---|
| Median home value | $125,700 | $212,500 |
| Median property tax | $740 | $985 |
| Effective tax rate | 0.589% | 0.464% |
| Median gross rent | $846 | $952 |
| Population | 1,276 | 207,218 |
The weather behind that power bill
West 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 $165 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
Talk to someone who works this market
These are West Pelzer averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works West Pelzer every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in West Pelzer I already own here and may sell
Common questions
How much does it cost to own a home in West Pelzer?
A $126,000 home in West Pelzer, South Carolina costs approximately $1,148 per month with 20% down at 7.24%. That is $687 principal and interest, $62 property tax, $61 homeowners insurance, $233 utilities and $105 set aside for maintenance.
What is the property tax rate in West Pelzer?
West Pelzer has an effective property tax rate of 0.589%, based on a median home value of $125,700 and median real estate taxes of $740. That is higher than the Anderson County average of 0.464%.
What is the average home price in West Pelzer?
The median owner-occupied home value in West Pelzer, South Carolina is $125,700, against $212,500 across Anderson County.
Is it cheaper to rent or buy in West Pelzer?
Median gross rent in West Pelzer is $846 a month, against $1,148 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in West Pelzer?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in West Pelzer, South Carolina at today's rate takes a household income of roughly $49,000 a year. That covers the full $1,148 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for West 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.