South Carolina Tax Guide
6.4%top marginal rate
South Carolina has a progressive income tax with a top rate of 6.4% that is being phased down. The state has very low property taxes and is extremely friendly to retirees, with full Social Security exemption and generous retirement income deductions.
South Carolina Tax at a Glance
Income Tax
6.4%
Top marginal rate
Sales Tax
6%
State-level rate
Property Tax
0.57%
48% below the national average
Estate Tax
No
No state estate tax
How South Carolina Compares to the National Average
Notable Tax Facts
- Top income tax rate is being phased down from 6.4% toward lower rates
- Among the lowest property taxes in the nation at ~0.57%
- Very retirement-friendly — full Social Security exemption plus up to $10,000 deduction on other retirement income
- No estate or inheritance tax
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South Carolina Tax FAQ
What is South Carolina's income tax rate?
South Carolina has a progressive income tax with rates from 0% to 6.4%. The state is actively phasing down the top rate in coming years.
Is South Carolina good for retirees?
Excellent. SC does not tax Social Security, offers a $10,000 deduction on other retirement income, has very low property taxes, and has no estate tax.
Are South Carolina property taxes low?
Yes. South Carolina's effective property tax rate of about 0.57% is among the lowest in the nation. Owner-occupied homes are assessed at only 4% of market value.
Does South Carolina tax Social Security?
No. South Carolina fully exempts Social Security benefits from state income tax.
Compare With Other States
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Educational content, not tax advice. Tax rates are approximate and subject to change. Consult a qualified CPA or tax professional for advice specific to your situation. Data reflects widely-known public information as of early 2026.