New Jersey vs South Carolina Taxes: Income, Property & Sales

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

New Jersey vs South Carolina Income Tax Comparison

	New Jersey	South Carolina
Income Tax Rates & Thresholds	1.40%: $0-$20,000 1.75%: $20,001-$35,000 3.50%: $35,001-$40,000 5.53%: $40,001-$75,000 6.37%: $75,001-$500,000 8.97%: $500,001-$1,000,000 10.75%: $1,000,001+	0.00%: $0-$3,200 3.00%: $3,201-$16,040 6.50%: $16,041+
Median Income	$92,340	$61,770
Income Tax Paid On Median Household Income	$16,776	$9,230
Income After Tax Based on Median Household Income	$75,564	$52,540

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New Jersey vs South Carolina Property Tax Comparison

	New Jersey	South Carolina
Average Property Tax Rate	1.79%	0.46%
Average House Price By State	$500,717	$289,791
Average Property Tax Owed Per Year	$8,963	$1,333
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,601	$51,207

New Jersey vs South Carolina Sales Tax Comparison

	New Jersey	South Carolina
Average State Sales Tax	6.63%	6.00%
Average Local Sales Tax Across the State	-0.03%	1.44%
Average Combined Sales Tax Rate	6.60%	7.44%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,124	$3,546
Maximum Disposable Income Based on Median Household Income	$62,478	$47,661

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

	New Jersey	South Carolina
Income Tax Owed	$3,723	$4,389
After Tax Income	$36,277	$35,611
Income After Income & Property Tax	$27,314	$34,278
Maximum Disposable Income After Income, Property & Sales Taxes	$25,623	$31,904

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

	New Jersey	South Carolina
Income Tax Owed	$7,736	$8,716
After Tax Income	$52,264	$51,284
Income After Income & Property Tax	$43,301	$49,951
Maximum Disposable Income After Income, Property & Sales Taxes	$40,620	$46,492

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

	New Jersey	South Carolina
Income Tax Owed	$13,276	$14,516
After Tax Income	$66,724	$65,484
Income After Income & Property Tax	$57,761	$64,151
Maximum Disposable Income After Income, Property & Sales Taxes	$54,185	$59,709

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

	New Jersey	South Carolina
Income Tax Owed	$18,950	$20,316
After Tax Income	$81,050	$79,684
Income After Income & Property Tax	$72,087	$78,351
Maximum Disposable Income After Income, Property & Sales Taxes	$67,624	$72,925

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

	New Jersey	South Carolina
Income Tax Owed	$11,121	$13,123
After Tax Income	$88,879	$86,877
Income After Income & Property Tax	$79,916	$85,544
Maximum Disposable Income After Income, Property & Sales Taxes	$74,968	$79,620

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

	New Jersey	South Carolina
Income Tax Owed	$23,941	$26,678
After Tax Income	$126,059	$123,322
Income After Income & Property Tax	$117,096	$121,989
Maximum Disposable Income After Income, Property & Sales Taxes	$109,846	$113,541

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

	New Jersey	South Carolina
Income Tax Owed	$38,109	$41,178
After Tax Income	$161,891	$158,822
Income After Income & Property Tax	$152,928	$157,489
Maximum Disposable Income After Income, Property & Sales Taxes	$143,460	$146,583

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

	New Jersey	South Carolina
Income Tax Owed	$53,213	$56,597
After Tax Income	$196,787	$193,403
Income After Income & Property Tax	$187,824	$192,070
Maximum Disposable Income After Income, Property & Sales Taxes	$176,195	$178,770

FAQ

Does New Jersey or South Carolina have lower income taxes?

New Jersey’s income tax falls into the following range:

1.40%: $0-$20,000

1.75%: $20,001-$35,000

3.50%: $35,001-$40,000

5.53%: $40,001-$75,000

6.37%: $75,001-$500,000

8.97%: $500,001-$1,000,000

10.75%: $1,000,001+

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 New Jersey or South Carolina have lower property taxes?

New Jersey has an average property tax rate of 1.79%

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

Does New Jersey or South Carolina have lower sales taxes?

New Jersey has a state sales tax rate of 6.63% and an average local rate of -0.03% for a combined total rate of 6.60%.

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 New Jersey or South Carolina?

Based on median household income after income, property and sales taxes New Jersey gives you a maximum amount of disposable income of $62,478

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

More Comparisons:

New Jersey vs Alabama
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New Jersey vs Kentucky
New Jersey vs Oregon
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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/