Pendleton Budget and Taxes

How many types of Property Classifications are there?
1. Owner Occupied Property. This is the legal residence of the owner. Taxes are assessed at 4%. Owner of property is required to apply for legal residency with Anderson County. Failure to do so will result in taxes being assessed at 6%.
2. Agricultural Property. This is property which is bona fide agricultural property. Taxes are assessed at 4%.
3. All Other Property. This is property which is neither owner-occupied nor agricultural property. This includes commercial businesses, vacant houses, rental houses, vacant land, etc. Taxes are assessed at 6%.

How do I request corrections or changes to my tax notices?
Anderson County collects and bills town taxes on behalf of the Town of Pendleton. This procedure simplifies the tax process and allows for one billing notice. Any questions in regards to taxes, including all changes or corrections, should be directed to the Anderson County Assessor's Office located at 401 E. River Street in Anderson. The Assessor's Office can be reached by phone at (864) 260-4028 or via the web at www.andersoncountysc.org

How are my property taxes calculated?

    Market Value x Assessment Ratio = Assessment x Milage = Property Taxes
    Example: $85,000 x .04 = 3,400 x .137 = $465.80

    $85,000 x .06 = 5,100 x .137 = $698.70

Homestead Exemption status is also available for qualified applicants. Qualifications are:
1. 65 years or older; 2. declared totally or permanently disabled; 3. legally blind

Homestead Exemption status allows individual home owners to deduct the allowable amount per State Law from the Market Value of Property each year. Home exemption amount is $50,000.

Example: Market Value – Home Exemption x Assessment Ratio = Assessment x Mileage = Property Tax. $85,000 - $50,000 = $35,000 x .04 = $1,400 x .145 = $203