Taxes in Myrtle Beach, South Carolina
Complete tax guide for Myrtle Beach, SC. State income tax up to 6.4%, 0.49% property tax, 9% sales tax. Calculate your total tax burden.
State Income Tax
6.4%
South Carolina
Property Tax
0.49%
Effective rate
Sales Tax
9%
Combined rate
Tax Burden
Low
Myrtle Beach, SC Tax Overview
Tourism economy; high sales tax; hospitality fee applies
Population
35,682
Median Income
$41,312
Cost of Living
93.5 (100 = avg)
State Income Tax
6.4%
Median Home Price
$240,000
Myrtle Beach Tax Calculator
Pre-filled with Myrtle Beach median: $41,312
Total Tax Burden in Myrtle Beach
$8,723
Take-Home: $32,589 · Effective Rate: 21.12%
Federal Tax
$2,919
7.07% eff.
SC State
$2,644
6.40% eff.
FICA
$3,160
7.65% eff.
Take-Home
$32,589
78.88% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $41,312.00 | $3,442.67 |
| Federal Income Tax | -$2,918.94 | -$243.24 |
| South Carolina State Tax | -$2,643.97 | -$220.33 |
| Social Security (6.2%) | -$2,561.34 | -$213.45 |
| Medicare (1.45%) | -$599.02 | -$49.92 |
| Take-Home Pay | $32,588.72 | $2,715.73 |
Property Tax in Myrtle Beach
Median Home
$240,000
Annual Tax
$1,176
Monthly Tax
$98
Effective Rate
0.49%
Sales Tax in Myrtle Beach
Combined Rate
9%
State Portion
~6.5%
Local Portion
~2.5%
The combined sales tax rate in Myrtle Beach is 9%, which is above the national average of 7.12%. On a $100 purchase, you would pay $9.00 in sales tax.
Tax Burden Comparison
| Tax Type | Myrtle Beach | South Carolina Avg | National Avg |
|---|---|---|---|
| Income Tax | 6.4% | 6.4% | 4.6% |
| Property Tax | 0.49% | ~0.49% | 1.1% |
| Sales Tax | 9% | ~9% | 7.12% |
| Overall Burden | Low | — | Moderate |
About Taxes in Myrtle Beach
Myrtle Beach has a population of approximately 35,682 residents with a median household income of $41,312. The cost of living index is 93.5 (6.5% lower than the national average of 100).
Local context: Tourism economy; high sales tax; hospitality fee applies
Tax burden classification: Low. Effective combined tax rate of 25% includes federal, state, FICA, property, and sales taxes for a typical Myrtle Beach household.
Official Tax Resources for South Carolina
For authoritative South Carolina tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:
- South Carolina Department of Revenue — official state revenue agency
- South Carolina Individual Income Tax Forms — current tax year forms and instructions
- IRS Federal Tax Forms and Instructions — federal income tax filing
Tax Saving Tips for Myrtle Beach Residents
- South Carolina's income tax rate of 6.4% 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 Myrtle Beach (0.49%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- The combined sales tax rate of 9% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in South Carolina
Charleston
ModerateColumbia
LowNorth Charleston
ModerateRock Hill
LowGreenville
LowSpartanburg
Very LowSources & Methodology
Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $176,100 wage base, 1.45% Medicare), and South Carolina state tax provisions. Property tax estimates use Myrtle Beach's median home value of $240,000and the local effective property tax rate of 0.49%.
- • Federal tax brackets and standard deductions: IRS.gov
- • State income tax rates and brackets: South Carolina Department of Revenue
- • Median household income, home value, and demographics: U.S. Census Bureau ACS
- • Cost of living comparisons: U.S. Bureau of Labor Statistics CES
- • National average benchmarks: Tax Foundation state-level tax burden studies
Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.
Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-04-30
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 Myrtle Beach, SC?
Myrtle Beach, South Carolina has a state income tax rate up to 6.4%. The property tax rate is 0.49% and the combined sales tax rate is 9%. Tourism economy; high sales tax; hospitality fee applies
How much is property tax in Myrtle Beach?
The effective property tax rate in Myrtle Beach is 0.49%. On the median home price of $240,000, this equals approximately $1,176 per year or $98 per month. This is below the national average of 1.1%.
What is the sales tax rate in Myrtle Beach?
The combined sales tax rate in Myrtle Beach is 9%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Myrtle Beach's tax burden compare to other cities?
Myrtle Beach has a low overall tax burden. The effective total tax rate for a median-income household is approximately 25%. The combination of 6.4% state income tax, 0.49% property tax, and 9% sales tax determines the total burden. Cost of living index is 93.5 (100 = national average).
Are there any local taxes in Myrtle Beach?
Myrtle Beach does not impose a separate local or city income tax. Residents pay the state income tax of 6.4%, federal income tax, and FICA (Social Security and Medicare). Tourism economy; high sales tax; hospitality fee applies