Does Virginia or South Carolina have lower taxes? We answer that in a variety of ways below:
Virginia vs South Carolina Income Tax Comparison
Virginia | South Carolina | |
Income Tax Rates & Thresholds |
|
|
Median Income | $85,170 | $61,770 |
Income Tax Paid On Median Household Income | $15,833 | $9,230 |
Income After Tax Based on Median Household Income | $69,337 | $52,540 |
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Virginia vs South Carolina Property Tax Comparison
Virginia | South Carolina | |
Average Property Tax Rate | 0.72% | 0.46% |
Average House Price By State | $376,931 | $289,791 |
Average Property Tax Owed Per Year | $2,714 | $1,333 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,623 | $51,207 |
Virginia vs South Carolina Sales Tax Comparison
Virginia | South Carolina | |
Average State Sales Tax | 5.30% | 6.00% |
Average Local Sales Tax Across the State | 0.45% | 1.44% |
Average Combined Sales Tax Rate | 5.75% | 7.44% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,623 | $3,546 |
Maximum Disposable Income Based on Median Household Income | $63,001 | $47,661 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Virginia | South Carolina | |
Income Tax Owed | $4,771 | $4,389 |
After Tax Income | $35,229 | $35,611 |
Income After Income & Property Tax | $32,515 | $34,278 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,747 | $31,904 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Virginia | South Carolina | |
Income Tax Owed | $8,848 | $8,716 |
After Tax Income | $51,152 | $51,284 |
Income After Income & Property Tax | $48,438 | $49,951 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,804 | $46,492 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Virginia | South Carolina | |
Income Tax Owed | $14,398 | $14,516 |
After Tax Income | $65,602 | $65,484 |
Income After Income & Property Tax | $62,888 | $64,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,469 | $59,709 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Virginia | South Carolina | |
Income Tax Owed | $19,948 | $20,316 |
After Tax Income | $80,052 | $79,684 |
Income After Income & Property Tax | $77,338 | $78,351 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,133 | $72,925 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Virginia | South Carolina | |
Income Tax Owed | $13,349 | $13,123 |
After Tax Income | $86,651 | $86,877 |
Income After Income & Property Tax | $83,937 | $85,544 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,373 | $79,620 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Virginia | South Carolina | |
Income Tax Owed | $26,279 | $26,678 |
After Tax Income | $123,721 | $123,322 |
Income After Income & Property Tax | $121,007 | $121,989 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,428 | $113,541 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Virginia | South Carolina | |
Income Tax Owed | $40,154 | $41,178 |
After Tax Income | $159,846 | $158,822 |
Income After Income & Property Tax | $157,132 | $157,489 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,588 | $146,583 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Virginia | South Carolina | |
Income Tax Owed | $54,948 | $56,597 |
After Tax Income | $195,052 | $193,403 |
Income After Income & Property Tax | $192,338 | $192,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,880 | $178,770 |
FAQ
Does Virginia or South Carolina have lower income taxes?
Virginia’s income tax falls into the following range:
- 2.00%: $0-$3,000
- 3.00%: $3,001-$5,000
- 5.00%: $5,001-$17,000
- 5.75%: $17,001+
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 Virginia or South Carolina have lower property taxes?
Virginia has an average property tax rate of 0.72%
In comparison, South Carolina has an average property tax rate of 0.46%
Does Virginia or South Carolina have lower sales taxes?
Virginia has a state sales tax rate of 5.30% and an average local rate of 0.45% for a combined total rate of 5.75%.
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 Virginia or South Carolina?
Based on median household income after income, property and sales taxes Virginia gives you a maximum amount of disposable income of $63,001
In comparison, South Carolina gives you $47,661.
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