TaxGrader

Taxes in South Carolina: Income, Sales, and Property Tax Guide

Top Income Tax Rate

6.4%

Combined Sales Tax

7.8%

Avg Property Tax Rate

0.5%

Median Household Income

$63,623

How South Carolina Compares to National Average

IRS Statistics of Income Data

Average AGI

$49,500

Average Tax Liability

$6,100

Itemized Deduction Rate

23.0%

Avg SALT Deduction

$5,600

Avg Mortgage Interest Deduction

$8,500

Avg Charitable Deduction

$4,500

Source: IRS Statistics of Income (2022 tax year)

What This Means for You

With a top marginal rate of 6.4%, South Carolina's income tax is above the national median. Combined with a 7.8% sales tax and 0.5% property tax rate, the overall tax burden in South Carolina varies depending on your income, spending, and homeownership status.

Frequently Asked Questions

Does South Carolina have an income tax?

Yes, South Carolina has a state income tax with a top marginal rate of 6.4%.

What is the sales tax in South Carolina?

The combined state and local sales tax rate in South Carolina is approximately 7.8%.

How does South Carolina compare to other states?

Visit our state comparison page or use the Compare tool to see how South Carolina's tax burden compares to neighboring states and the national average.

Related Resources

Data sources: Tax Foundation (2024), IRS Statistics of Income (2022). TaxGrader is not a CPA, tax advisor, enrolled agent, or attorney. This content is for educational and informational purposes only.