Taxes in Mount Pleasant, South Carolina
Complete tax guide for Mount Pleasant, SC. State income tax up to 6.5%, 0.57% property tax, 7.49% sales tax. Calculate your total tax burden.
State Income Tax
6.5%
South Carolina
Property Tax
0.57%
Effective rate
Sales Tax
7.49%
Combined rate
Tax Burden
Moderate
Mount Pleasant, SC Tax Overview
Population
92,468
Median Income
$88,000
Cost of Living
112.5 (100 = avg)
State Income Tax
6.5%
Median Home Price
$520,000
Mount Pleasant Tax Calculator
Pre-filled with Mount Pleasant median: $88,000
Total Tax Burden in Mount Pleasant
$23,426
Take-Home: $64,574 · Effective Rate: 26.62%
Federal Tax
$10,974
12.47% eff.
SC State
$5,720
6.50% eff.
FICA
$6,732
7.65% eff.
Take-Home
$64,574
73.38% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $88,000.00 | $7,333.33 |
| Federal Income Tax | -$10,974.00 | -$914.50 |
| South Carolina State Tax | -$5,720.00 | -$476.67 |
| Social Security (6.2%) | -$5,456.00 | -$454.67 |
| Medicare (1.45%) | -$1,276.00 | -$106.33 |
| Take-Home Pay | $64,574.00 | $5,381.17 |
Property Tax in Mount Pleasant
Median Home
$520,000
Annual Tax
$2,964
Monthly Tax
$247
Effective Rate
0.57%
Sales Tax in Mount Pleasant
Combined Rate
7.49%
State Portion
~5.0%
Local Portion
~2.5%
The combined sales tax rate in Mount Pleasant is 7.49%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.49 in sales tax.
Tax Burden Comparison
| Tax Type | Mount Pleasant | South Carolina Avg | National Avg |
|---|---|---|---|
| Income Tax | 6.5% | 6.5% | 4.6% |
| Property Tax | 0.57% | ~0.57% | 1.1% |
| Sales Tax | 7.49% | ~7.49% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Mount Pleasant 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 Mount Pleasant (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.
Other Cities in South Carolina
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LowCalculate 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 Mount Pleasant, SC?
Mount Pleasant, 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 7.49%.
How much is property tax in Mount Pleasant?
The effective property tax rate in Mount Pleasant 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 Mount Pleasant?
The combined sales tax rate in Mount Pleasant is 7.49%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Mount Pleasant's tax burden compare to other cities?
Mount Pleasant has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 27.3%. The combination of 6.5% state income tax, 0.57% property tax, and 7.49% sales tax determines the total burden. Cost of living index is 112.5 (100 = national average).
Are there any local taxes in Mount Pleasant?
Mount Pleasant 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).