Does Maryland or South Carolina have lower taxes? We answer that in a variety of ways below:
Maryland vs South Carolina Income Tax Comparison
Maryland | South Carolina | |
Income Tax Rates & Thresholds |
|
|
Median Income | $108,200 | $61,770 |
Income Tax Paid On Median Household Income | $21,525 | $9,230 |
Income After Tax Based on Median Household Income | $86,675 | $52,540 |
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Maryland vs South Carolina Property Tax Comparison
Maryland | South Carolina | |
Average Property Tax Rate | 0.76% | 0.46% |
Average House Price By State | $416,643 | $289,791 |
Average Property Tax Owed Per Year | $3,166 | $1,333 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $83,509 | $51,207 |
Maryland vs South Carolina Sales Tax Comparison
Maryland | South Carolina | |
Average State Sales Tax | 6.00% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 1.44% |
Average Combined Sales Tax Rate | 6.00% | 7.44% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,727 | $3,546 |
Maximum Disposable Income Based on Median Household Income | $78,782 | $47,661 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Maryland | South Carolina | |
Income Tax Owed | $4,624 | $4,389 |
After Tax Income | $35,376 | $35,611 |
Income After Income & Property Tax | $32,210 | $34,278 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,386 | $31,904 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Maryland | South Carolina | |
Income Tax Owed | $8,502 | $8,716 |
After Tax Income | $51,498 | $51,284 |
Income After Income & Property Tax | $48,332 | $49,951 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,596 | $46,492 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Maryland | South Carolina | |
Income Tax Owed | $13,852 | $14,516 |
After Tax Income | $66,148 | $65,484 |
Income After Income & Property Tax | $62,982 | $64,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,417 | $59,709 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Maryland | South Carolina | |
Income Tax Owed | $19,202 | $20,316 |
After Tax Income | $80,798 | $79,684 |
Income After Income & Property Tax | $77,632 | $78,351 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,237 | $72,925 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Maryland | South Carolina | |
Income Tax Owed | $12,651 | $13,123 |
After Tax Income | $87,349 | $86,877 |
Income After Income & Property Tax | $84,183 | $85,544 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,417 | $79,620 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Maryland | South Carolina | |
Income Tax Owed | $25,081 | $26,678 |
After Tax Income | $124,919 | $123,322 |
Income After Income & Property Tax | $121,753 | $121,989 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,861 | $113,541 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Maryland | South Carolina | |
Income Tax Owed | $38,588 | $41,178 |
After Tax Income | $161,412 | $158,822 |
Income After Income & Property Tax | $158,246 | $157,489 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,288 | $146,583 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Maryland | South Carolina | |
Income Tax Owed | $53,167 | $56,597 |
After Tax Income | $196,833 | $193,403 |
Income After Income & Property Tax | $193,667 | $192,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,704 | $178,770 |
FAQ
Does Maryland or South Carolina have lower income taxes?
Maryland’s income tax falls into the following range:
- 2.00%: $0-$1,000
- 3.00%: $1,001-$2,000
- 4.00%: $2,001-$3,000
- 4.75%: $3,001-$100,000
- 5.00%: $100,001-$125,000
- 5.25%: $125,001-$150,000
- 5.50%: $150,001-$250,000
- 5.75%: $250,001+
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 Maryland or South Carolina have lower property taxes?
Maryland has an average property tax rate of 0.76%
In comparison, South Carolina has an average property tax rate of 0.46%
Does Maryland or South Carolina have lower sales taxes?
Maryland has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
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 Maryland or South Carolina?
Based on median household income after income, property and sales taxes Maryland gives you a maximum amount of disposable income of $78,782
In comparison, South Carolina gives you $47,661.
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