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Taxes in Hilton Head Island, South Carolina

Complete tax guide for Hilton Head Island, SC. State income tax up to 6.5%, 0.57% property tax, 6.63% sales tax. Calculate your total tax burden.

State Income Tax

6.5%

South Carolina

Property Tax

0.57%

Effective rate

Sales Tax

6.63%

Combined rate

Tax Burden

Moderate

Hilton Head Island, SC Tax Overview

Population

40,000

Median Income

$68,000

Cost of Living

118.5 (100 = avg)

State Income Tax

6.5%

Median Home Price

$520,000

Hilton Head Island Tax Calculator

Pre-filled with Hilton Head Island median: $68,000

Total Tax Burden in Hilton Head Island

$16,196

Take-Home: $51,804 · Effective Rate: 23.82%

Federal Tax

$6,574

9.67% eff.

SC State

$4,420

6.50% eff.

FICA

$5,202

7.65% eff.

Take-Home

$51,804

76.18% kept

Tax Breakdown

Take-Home 76.18%
Federal
SC
FICA
Take-Home Federal Tax SC State Tax FICA
ItemAnnualMonthly
Gross Income$68,000.00$5,666.67
Federal Income Tax-$6,574.00-$547.83
South Carolina State Tax-$4,420.00-$368.33
Social Security (6.2%)-$4,216.00-$351.33
Medicare (1.45%)-$986.00-$82.17
Take-Home Pay$51,804.00$4,317.00

Property Tax in Hilton Head Island

Median Home

$520,000

Annual Tax

$2,964

Monthly Tax

$247

Effective Rate

0.57%

vs. National Average (1.1%)$-2,756/yr
Median Property Tax Paid$2,964/yr

Sales Tax in Hilton Head Island

Combined Rate

6.63%

State Portion

~4.1%

Local Portion

~2.5%

The combined sales tax rate in Hilton Head Island is 6.63%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.63 in sales tax.

Tax Burden Comparison

Tax TypeHilton Head IslandSouth Carolina AvgNational Avg
Income Tax6.5%6.5%4.6%
Property Tax0.57%~0.57%1.1%
Sales Tax6.63%~6.63%7.12%
Overall BurdenModerateModerate

Tax Saving Tips for Hilton Head Island Residents

  • South Carolina's income tax rate of 6.5% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Property tax in Hilton Head Island (0.57%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full South Carolina Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Hilton Head Island, SC?

Hilton Head Island, South Carolina has a state income tax rate up to 6.5%. The property tax rate is 0.57% and the combined sales tax rate is 6.63%.

How much is property tax in Hilton Head Island?

The effective property tax rate in Hilton Head Island is 0.57%. On the median home price of $520,000, this equals approximately $2,964 per year or $247 per month. This is below the national average of 1.1%.

What is the sales tax rate in Hilton Head Island?

The combined sales tax rate in Hilton Head Island is 6.63%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Hilton Head Island's tax burden compare to other cities?

Hilton Head Island has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 28%. The combination of 6.5% state income tax, 0.57% property tax, and 6.63% sales tax determines the total burden. Cost of living index is 118.5 (100 = national average).

Are there any local taxes in Hilton Head Island?

Hilton Head Island does not impose a separate local or city income tax. Residents pay the state income tax of 6.5%, federal income tax, and FICA (Social Security and Medicare).