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Tax guide

South Carolina taxes, explained

The rules changed in March 2026 — and most articles online still quote the old ones.

The short answer: as of tax year 2026 South Carolina taxes income at 1.99% under $30,000 and 5.21% above it (minus $966), under Act 110 signed March 30, 2026. Social Security is fully exempt, there's no estate or inheritance tax, and the median homeowner pays $1,337 in property tax against $3,211 nationally. Two things to actually do: claim the 4% ratio, and budget for the vehicle tax.

Income tax changed in 2026

South Carolina overhauled its income tax under Act 110, signed March 30, 2026, replacing the old 0%/3%/6% brackets. First returns under the new structure are due April 2027.

Under $30,000 taxable1.99%
$30,000 and above5.21%, minus $966
New state deduction (SCIAD)$15,000 single · $22,500 head of household · $30,000 married filing jointly
Future cutsThe top rate falls further whenever the Board of Economic Advisors projects ≥5% revenue growth

⚠️ Two honest caveats. An ITEP analysis found the deduction swap raises taxes for about 23% of filers, with no savings for the lowest-income households. And several widely cited tax rankings were published before Act 110 and still show 6.0%. Primary source: SC Dept. of Revenue.

Property tax — and the 4% rule

South Carolina median paid$1,337
United States$3,211
New Jersey$9,358
Connecticut$6,573
New York$6,542
Massachusetts$6,080
Effective rate0.49% of owner-occupied value

The 4% rule — the thing new arrivals miss

South Carolina assesses an owner-occupied legal residence at 4% of fair market value; second homes and rentals are assessed at 6%. Homes at the 4% ratio are also exempt from 100% of school operating millage under Act 388 — usually the single biggest line on the bill. Spartanburg County's own worked example on a $100,000 property: $609.60 a year at 4% versus $2,132.40 at 6%.

It is not automatic. You must file a legal residence application with your county assessor before the first penalty date for the tax year you're claiming. One property at a time, and no household member may claim it elsewhere.

Retirement and age-based breaks

Sales tax — and the vehicle tax

State sales tax6%
Average combined7.49% (local options up to 3%)
Unprepared food (groceries)Exempt from the 6% state rate
Corporate income tax5.00% flat

Budget for the vehicle tax. South Carolina charges an annual county property tax on vehicles (6% ratio × local millage), payable before the DMV will renew your registration. Buying a car carries a 5% Infrastructure Maintenance Fee capped at $500, and bringing an already-registered vehicle into the state costs a flat $250. Northeast movers are routinely blindsided by this one.

Where this leads

Three towns are actively recruiting new neighbors.

Project Hometown SC works in three South Carolina communities. Each runs its own program, with its own resident ambassadors and its own application — those community sites are where you apply.

Not ready to apply? Read our background pages first: Cheraw · Hartsville · Walterboro

Have a question about the overall program rather than one town? Ask us directly →

Common questions

What is South Carolina's income tax rate in 2026?

1.99% on taxable income under $30,000 and 5.21% on income of $30,000 and above, minus $966 — under Act 110, signed March 30, 2026. The new state deduction is $15,000 single, $22,500 head of household, $30,000 married filing jointly.

Does South Carolina tax Social Security?

No. Social Security and railroad retirement are fully exempt from South Carolina income tax.

What is the 4% assessment ratio?

South Carolina assesses an owner-occupied legal residence (plus up to five contiguous acres) at 4% of fair market value instead of the 6% applied to second homes and rentals — and 4% properties are also exempt from 100% of school operating millage. Spartanburg County's example on a $100,000 property: $609.60 at 4% vs $2,132.40 at 6%. You must apply with your county assessor; it is not automatic.

Does South Carolina tax cars every year?

Yes. Vehicles are assessed at 6% and taxed annually by your county, payable before the DMV will renew your registration. Buying a vehicle carries a 5% Infrastructure Maintenance Fee capped at $500, and bringing an already-registered vehicle into the state costs a flat $250.

Are groceries taxed in South Carolina?

Unprepared food is exempt from the 6% state sales tax, though local option taxes may still apply. Prepared food is fully taxable.

Keep reading

Next step

Talk to someone who actually lives there.

Pick a community and a resident ambassador reaches out for a real conversation — no pitch, just questions and answers. Applications are handled on each town's own site.

Cheraw ↗ Hartsville ↗ Walterboro ↗