$4,009... What the median South Carolina household pays in annual state and local taxes! How do your's compare?
BY VERA BERGENGRUEN
WASHINGTON
Filing your taxes may still be a pain, but at least South Carolina taxpayers pay the ninth lowest tax rate in the country, according to a new analysis.
The median South Carolinian household pays an effective total state and local tax rate of 8.8 percent. The tax burden on the median South Carolina household this year comes up to $4,009. That’s in addition to the average $5,700 each taxpayer pays in federal taxes, yearly, according to the Bureau of Labor Statistics, and almost 18 percent less than the national average, according to the analysis by personal finance site WalletHub that uses data from the U.S. Census Bureau.
Read more here: Why South Carolina is one of the best states for taxpayers