Indiana vs South Carolina Taxes: Income, Property & Sales

Does Indiana or South Carolina have lower taxes? We answer that in a variety of ways below:

Indiana vs South Carolina Income Tax Comparison

	Indiana	South Carolina
Income Tax Rates & Thresholds	3.23%	0.00%: $0-$3,200 3.00%: $3,201-$16,040 6.50%: $16,041+
Median Income	$70,030	$61,770
Income Tax Paid On Median Household Income	$10,404	$9,230
Income After Tax Based on Median Household Income	$59,626	$52,540

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Indiana vs South Carolina Property Tax Comparison

	Indiana	South Carolina
Average Property Tax Rate	0.74%	0.46%
Average House Price By State	$232,390	$289,791
Average Property Tax Owed Per Year	$1,720	$1,333
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,906	$51,207

Indiana vs South Carolina Sales Tax Comparison

	Indiana	South Carolina
Average State Sales Tax	7.00%	6.00%
Average Local Sales Tax Across the State	0.00%	1.44%
Average Combined Sales Tax Rate	7.00%	7.44%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,788	$3,546
Maximum Disposable Income Based on Median Household Income	$54,118	$47,661

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Indiana	South Carolina
Income Tax Owed	$4,300	$4,389
After Tax Income	$35,700	$35,611
Income After Income & Property Tax	$33,980	$34,278
Maximum Disposable Income After Income, Property & Sales Taxes	$31,757	$31,904

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Indiana	South Carolina
Income Tax Owed	$7,873	$8,716
After Tax Income	$52,127	$51,284
Income After Income & Property Tax	$50,407	$49,951
Maximum Disposable Income After Income, Property & Sales Taxes	$47,110	$46,492

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Indiana	South Carolina
Income Tax Owed	$12,919	$14,516
After Tax Income	$67,081	$65,484
Income After Income & Property Tax	$65,361	$64,151
Maximum Disposable Income After Income, Property & Sales Taxes	$61,085	$59,709

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Indiana	South Carolina
Income Tax Owed	$17,965	$20,316
After Tax Income	$82,035	$79,684
Income After Income & Property Tax	$80,315	$78,351
Maximum Disposable Income After Income, Property & Sales Taxes	$75,061	$72,925

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Indiana	South Carolina
Income Tax Owed	$11,646	$13,123
After Tax Income	$88,354	$86,877
Income After Income & Property Tax	$86,634	$85,544
Maximum Disposable Income After Income, Property & Sales Taxes	$80,967	$79,620

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Indiana	South Carolina
Income Tax Owed	$23,316	$26,678
After Tax Income	$126,684	$123,322
Income After Income & Property Tax	$124,964	$121,989
Maximum Disposable Income After Income, Property & Sales Taxes	$116,789	$113,541

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Indiana	South Carolina
Income Tax Owed	$35,931	$41,178
After Tax Income	$164,069	$158,822
Income After Income & Property Tax	$162,349	$157,489
Maximum Disposable Income After Income, Property & Sales Taxes	$151,728	$146,583

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Indiana	South Carolina
Income Tax Owed	$49,465	$56,597
After Tax Income	$200,535	$193,403
Income After Income & Property Tax	$198,815	$192,070
Maximum Disposable Income After Income, Property & Sales Taxes	$185,809	$178,770

FAQ

Does Indiana or South Carolina have lower income taxes?

Indiana’s income tax falls into the following range: 3.23%

Whereas South Carolina’s income tax is the following

• 0.00%: $0-$3,200
• 3.00%: $3,201-$16,040
• 6.50%: $16,041+

Does Indiana or South Carolina have lower property taxes?

Indiana has an average property tax rate of 0.74%

In comparison, South Carolina has an average property tax rate of 0.46%

Does Indiana or South Carolina have lower sales taxes?

Indiana has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.

In contrast, South Carolina has a state sales tax rate of 6.00% and an average local rate of 1.44% for a combined total rate of 7.44%.

Do you get to keep more money in Indiana or South Carolina?

Based on median household income after income, property and sales taxes Indiana gives you a maximum amount of disposable income of $54,118

In comparison, South Carolina gives you $47,661.

More Comparisons:

Indiana vs Alabama
Indiana vs Louisiana
Indiana vs Kentucky
Indiana vs Oregon
Indiana vs Oklahoma

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/