Does Michigan or South Carolina have lower taxes? We answer that in a variety of ways below:
Michigan vs South Carolina Income Tax Comparison
Michigan | South Carolina | |
Income Tax Rates & Thresholds | 4.25% |
|
Median Income | $68,990 | $61,770 |
Income Tax Paid On Median Household Income | $10,665 | $9,230 |
Income After Tax Based on Median Household Income | $58,325 | $52,540 |
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Michigan vs South Carolina Property Tax Comparison
Michigan | South Carolina | |
Average Property Tax Rate | 1.06% | 0.46% |
Average House Price By State | $233,019 | $289,791 |
Average Property Tax Owed Per Year | $2,470 | $1,333 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,855 | $51,207 |
Michigan vs South Carolina Sales Tax Comparison
Michigan | 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 | $3,162 | $3,546 |
Maximum Disposable Income Based on Median Household Income | $52,693 | $47,661 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Michigan | South Carolina | |
Income Tax Owed | $4,528 | $4,389 |
After Tax Income | $35,472 | $35,611 |
Income After Income & Property Tax | $33,002 | $34,278 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,134 | $31,904 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Michigan | South Carolina | |
Income Tax Owed | $8,305 | $8,716 |
After Tax Income | $51,695 | $51,284 |
Income After Income & Property Tax | $49,225 | $49,951 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,439 | $46,492 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Michigan | South Carolina | |
Income Tax Owed | $13,555 | $14,516 |
After Tax Income | $66,445 | $65,484 |
Income After Income & Property Tax | $63,975 | $64,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,354 | $59,709 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Michigan | South Carolina | |
Income Tax Owed | $18,805 | $20,316 |
After Tax Income | $81,195 | $79,684 |
Income After Income & Property Tax | $78,725 | $78,351 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,269 | $72,925 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Michigan | South Carolina | |
Income Tax Owed | $12,306 | $13,123 |
After Tax Income | $87,694 | $86,877 |
Income After Income & Property Tax | $85,224 | $85,544 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,400 | $79,620 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Michigan | South Carolina | |
Income Tax Owed | $24,486 | $26,678 |
After Tax Income | $125,514 | $123,322 |
Income After Income & Property Tax | $123,044 | $121,989 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,079 | $113,541 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Michigan | South Carolina | |
Income Tax Owed | $37,611 | $41,178 |
After Tax Income | $162,389 | $158,822 |
Income After Income & Property Tax | $159,919 | $157,489 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,867 | $146,583 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Michigan | South Carolina | |
Income Tax Owed | $51,655 | $56,597 |
After Tax Income | $198,345 | $193,403 |
Income After Income & Property Tax | $195,875 | $192,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,788 | $178,770 |
FAQ
Does Michigan or South Carolina have lower income taxes?
Michigan’s income tax falls into the following range: 4.25%
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 Michigan or South Carolina have lower property taxes?
Michigan has an average property tax rate of 1.06%
In comparison, South Carolina has an average property tax rate of 0.46%
Does Michigan or South Carolina have lower sales taxes?
Michigan 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 Michigan or South Carolina?
Based on median household income after income, property and sales taxes Michigan gives you a maximum amount of disposable income of $52,693
In comparison, South Carolina gives you $47,661.
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