Does Massachusetts or South Carolina have lower taxes? We answer that in a variety of ways below:
Massachusetts vs South Carolina Income Tax Comparison
Massachusetts | South Carolina | |
Income Tax Rates & Thresholds | 5.00% |
|
Median Income | $93,550 | $61,770 |
Income Tax Paid On Median Household Income | $17,806 | $9,230 |
Income After Tax Based on Median Household Income | $75,744 | $52,540 |
Top Accounting Software:
Massachusetts vs South Carolina Property Tax Comparison
Massachusetts | South Carolina | |
Average Property Tax Rate | 0.94% | 0.46% |
Average House Price By State | $608,542 | $289,791 |
Average Property Tax Owed Per Year | $5,720 | $1,333 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $70,024 | $51,207 |
Massachusetts vs South Carolina Sales Tax Comparison
Massachusetts | South Carolina | |
Average State Sales Tax | 6.25% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 1.44% |
Average Combined Sales Tax Rate | 6.25% | 7.44% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,119 | $3,546 |
Maximum Disposable Income Based on Median Household Income | $65,905 | $47,661 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Massachusetts | South Carolina | |
Income Tax Owed | $4,820 | $4,389 |
After Tax Income | $35,180 | $35,611 |
Income After Income & Property Tax | $29,460 | $34,278 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,727 | $31,904 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Massachusetts | South Carolina | |
Income Tax Owed | $8,748 | $8,716 |
After Tax Income | $51,252 | $51,284 |
Income After Income & Property Tax | $45,532 | $49,951 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,853 | $46,492 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Massachusetts | South Carolina | |
Income Tax Owed | $14,148 | $14,516 |
After Tax Income | $65,852 | $65,484 |
Income After Income & Property Tax | $60,132 | $64,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,595 | $59,709 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Massachusetts | South Carolina | |
Income Tax Owed | $19,548 | $20,316 |
After Tax Income | $80,452 | $79,684 |
Income After Income & Property Tax | $74,732 | $78,351 |
Maximum Disposable Income After Income, Property & Sales Taxes | $70,336 | $72,925 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Massachusetts | South Carolina | |
Income Tax Owed | $13,041 | $13,123 |
After Tax Income | $86,959 | $86,877 |
Income After Income & Property Tax | $81,239 | $85,544 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,460 | $79,620 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Massachusetts | South Carolina | |
Income Tax Owed | $25,596 | $26,678 |
After Tax Income | $124,404 | $123,322 |
Income After Income & Property Tax | $118,684 | $121,989 |
Maximum Disposable Income After Income, Property & Sales Taxes | $111,702 | $113,541 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Massachusetts | South Carolina | |
Income Tax Owed | $39,096 | $41,178 |
After Tax Income | $160,904 | $158,822 |
Income After Income & Property Tax | $155,184 | $157,489 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,055 | $146,583 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Massachusetts | South Carolina | |
Income Tax Owed | $53,515 | $56,597 |
After Tax Income | $196,485 | $193,403 |
Income After Income & Property Tax | $190,765 | $192,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,543 | $178,770 |
FAQ
Does Massachusetts or South Carolina have lower income taxes?
Massachusetts’s income tax falls into the following range: 5.00%
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 Massachusetts or South Carolina have lower property taxes?
Massachusetts has an average property tax rate of 0.94%
In comparison, South Carolina has an average property tax rate of 0.46%
Does Massachusetts or South Carolina have lower sales taxes?
Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%.
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 Massachusetts or South Carolina?
Based on median household income after income, property and sales taxes Massachusetts gives you a maximum amount of disposable income of $65,905
In comparison, South Carolina gives you $47,661.
More Comparisons:
Massachusetts vs Alabama
Massachusetts vs Louisiana
Massachusetts vs Kentucky
Massachusetts vs Oregon
Massachusetts vs Oklahoma
Sources: