South Carolina vs Iowa Taxes: Income, Property & Sales

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

South Carolina vs Iowa Income Tax Comparison

	South Carolina	Iowa
Income Tax Rates & Thresholds	0.00%: $0-$3,200 3.00%: $3,201-$16,040 6.50%: $16,041+	0.33%: $0-$1,743 0.67%: $1,744-$3,486 2.25%: $3,487-$6972 4.14%: $6,973-$15,687 5.63%: $15,688-$26,145 5.96%: $26,146-$34,860 6.25%: $34,861-$52,290 7.44%: $52,291-$78,435 8.53%: $78,436+
Median Income	$61,770	$76,320
Income Tax Paid On Median Household Income	$9,230	$13,833
Income After Tax Based on Median Household Income	$52,540	$62,487

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South Carolina vs Iowa Property Tax Comparison

	South Carolina	Iowa
Average Property Tax Rate	0.46%	1.25%
Average House Price By State	$289,791	$215,458
Average Property Tax Owed Per Year	$1,333	$2,693
Income After Income Taxes & Property Taxes Based On Median State Household Income	$51,207	$59,794

South Carolina vs Iowa Sales Tax Comparison

	South Carolina	Iowa
Average State Sales Tax	6.00%	6.00%
Average Local Sales Tax Across the State	1.44%	0.94%
Average Combined Sales Tax Rate	7.44%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,546	$3,880
Maximum Disposable Income Based on Median Household Income	$47,661	$55,913

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

	South Carolina	Iowa
Income Tax Owed	$4,389	$4,786
After Tax Income	$35,611	$35,214
Income After Income & Property Tax	$34,278	$32,521
Maximum Disposable Income After Income, Property & Sales Taxes	$31,904	$30,410

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

	South Carolina	Iowa
Income Tax Owed	$8,716	$9,028
After Tax Income	$51,284	$50,972
Income After Income & Property Tax	$49,951	$48,279
Maximum Disposable Income After Income, Property & Sales Taxes	$46,492	$45,146

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

	South Carolina	Iowa
Income Tax Owed	$14,516	$14,916
After Tax Income	$65,484	$65,084
Income After Income & Property Tax	$64,151	$62,391
Maximum Disposable Income After Income, Property & Sales Taxes	$59,709	$58,342

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

	South Carolina	Iowa
Income Tax Owed	$20,316	$21,015
After Tax Income	$79,684	$78,985
Income After Income & Property Tax	$78,351	$76,292
Maximum Disposable Income After Income, Property & Sales Taxes	$72,925	$71,341

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

	South Carolina	Iowa
Income Tax Owed	$13,123	$14,448
After Tax Income	$86,877	$85,552
Income After Income & Property Tax	$85,544	$82,859
Maximum Disposable Income After Income, Property & Sales Taxes	$79,620	$77,482

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

	South Carolina	Iowa
Income Tax Owed	$26,678	$28,768
After Tax Income	$123,322	$121,232
Income After Income & Property Tax	$121,989	$118,539
Maximum Disposable Income After Income, Property & Sales Taxes	$113,541	$110,846

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

	South Carolina	Iowa
Income Tax Owed	$41,178	$44,033
After Tax Income	$158,822	$155,967
Income After Income & Property Tax	$157,489	$153,274
Maximum Disposable Income After Income, Property & Sales Taxes	$146,583	$143,327

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

	South Carolina	Iowa
Income Tax Owed	$56,597	$60,217
After Tax Income	$193,403	$189,783
Income After Income & Property Tax	$192,070	$187,090
Maximum Disposable Income After Income, Property & Sales Taxes	$178,770	$174,948

FAQ

Does South Carolina or Iowa have lower income taxes?

South Carolina’s income tax falls into the following range:

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

Whereas Iowa’s income tax is the following

• 0.33%: $0-$1,743
• 0.67%: $1,744-$3,486
• 2.25%: $3,487-$6972
• 4.14%: $6,973-$15,687
• 5.63%: $15,688-$26,145
• 5.96%: $26,146-$34,860
• 6.25%: $34,861-$52,290
• 7.44%: $52,291-$78,435
• 8.53%: $78,436+

Does South Carolina or Iowa have lower property taxes?

South Carolina has an average property tax rate of 0.46%

In comparison, Iowa has an average property tax rate of 1.25%

Does South Carolina or Iowa have lower sales taxes?

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%.

In contrast, Iowa has a state sales tax rate of 6.00% and an average local rate of 0.94% for a combined total rate of 6.94%.

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

Based on median household income after income, property and sales taxes South Carolina gives you a maximum amount of disposable income of $47,661

In comparison, Iowa gives you $55,913.

More Comparisons:

South Carolina vs Nevada
South Carolina vs Arkansas
South Carolina vs Mississippi
South Carolina vs Kansas
South Carolina vs New Mexico

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/