Does Tennessee or South Carolina have lower taxes? We answer that in a variety of ways below:
Tennessee vs South Carolina Income Tax Comparison
Tennessee | South Carolina | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,380 | $61,770 |
Income Tax Paid On Median Household Income | $7,151 | $9,230 |
Income After Tax Based on Median Household Income | $58,229 | $52,540 |
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Tennessee vs South Carolina Property Tax Comparison
Tennessee | South Carolina | |
Average Property Tax Rate | 0.42% | 0.46% |
Average House Price By State | $310,782 | $289,791 |
Average Property Tax Owed Per Year | $1,305 | $1,333 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $51,207 |
Tennessee vs South Carolina Sales Tax Comparison
Tennessee | South Carolina | |
Average State Sales Tax | 7.00% | 6.00% |
Average Local Sales Tax Across the State | 2.55% | 1.44% |
Average Combined Sales Tax Rate | 9.55% | 7.44% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $3,546 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $47,661 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | South Carolina | |
Income Tax Owed | $3,040 | $4,389 |
After Tax Income | $36,960 | $35,611 |
Income After Income & Property Tax | $35,655 | $34,278 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $31,904 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | South Carolina | |
Income Tax Owed | $5,968 | $8,716 |
After Tax Income | $54,032 | $51,284 |
Income After Income & Property Tax | $52,727 | $49,951 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $46,492 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | South Carolina | |
Income Tax Owed | $10,368 | $14,516 |
After Tax Income | $69,632 | $65,484 |
Income After Income & Property Tax | $68,327 | $64,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $59,709 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | South Carolina | |
Income Tax Owed | $14,768 | $20,316 |
After Tax Income | $85,232 | $79,684 |
Income After Income & Property Tax | $83,927 | $78,351 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $72,925 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | South Carolina | |
Income Tax Owed | $8,481 | $13,123 |
After Tax Income | $91,519 | $86,877 |
Income After Income & Property Tax | $90,214 | $85,544 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $79,620 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | South Carolina | |
Income Tax Owed | $18,536 | $26,678 |
After Tax Income | $131,464 | $123,322 |
Income After Income & Property Tax | $130,159 | $121,989 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $113,541 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | South Carolina | |
Income Tax Owed | $29,536 | $41,178 |
After Tax Income | $170,464 | $158,822 |
Income After Income & Property Tax | $169,159 | $157,489 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $146,583 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | South Carolina | |
Income Tax Owed | $41,455 | $56,597 |
After Tax Income | $208,545 | $193,403 |
Income After Income & Property Tax | $207,240 | $192,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $178,770 |
FAQ
Does Tennessee or South Carolina have lower income taxes?
Tennessee’s income tax falls into the following range: None
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 Tennessee or South Carolina have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, South Carolina has an average property tax rate of 0.46%
Does Tennessee or South Carolina have lower sales taxes?
Tennessee has a state sales tax rate of 7.00% and an average local rate of 2.55% for a combined total rate of 9.55%.
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 Tennessee or South Carolina?
Based on median household income after income, property and sales taxes Tennessee gives you a maximum amount of disposable income of $51,961
In comparison, South Carolina gives you $47,661.
More Comparisons:
Tennessee vs Alabama
Tennessee vs Louisiana
Tennessee vs Kentucky
Tennessee vs Oregon
Tennessee vs Oklahoma
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