Tax Comparison: Charleston, SC vs Carson city, MI
Understanding Your Tax Burden
This page compares the three main types of taxes between Charleston, SC and Carson city, MI: property tax, income tax, and sales tax. Each of these has a different impact on your overall cost of living.
Property Tax Comparison
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services. They're typically based on the assessed value of your property.
Our property tax estimates are based on:
- U.S. median home value: $419,200 (2023 data)
- Local effective tax rates for both cities
Charleston, SC
$2,008
Based on a $419,200 home
Rate: 0.4791%
Carson city, MI
$4,508
Based on a $419,200 home
Rate: 1.0755%
| Data | Charleston, SC | Carson city, MI |
|---|---|---|
| Effective Property Tax Rate | 0.4791% | 1.0755% |
| Estimated Property Tax | $2,008 | $4,508 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Charleston, SC are $2,500 lower than in Carson city, MI for the same home value.
State Income Tax Comparison
Income tax rates and brackets vary by state, impacting residents' overall tax burden. The estimates below are based on standard deductions and typical filing scenarios.
Our income tax estimates consider:
- Single filer: $100,000 annual income
- Married couple: $200,000 combined income
- Median income: $80,600 annual income
SC
0%-6.3%
Single: $5,580
Married: $10,044
MI
4.25%
Single: $4,250
Married: $7,650
| Data | SC | MI |
|---|---|---|
| Tax Rate | 0%-6.3% | 4.25% |
| Single Filer ($100k) | $5,580 | $4,250 |
| Married Couple ($200k) | $10,044 | $7,650 |
| Median Income ($80.6k) | $5,003 | $3,424 |
Comparison: Income taxes in MI are $1,579 lower than in SC for the median household income.
Sales Tax Comparison
Sales tax rates vary by location and can have a significant impact on your day-to-day expenses. These include state, county, city, and special district taxes that together form the total sales tax rate.
Our sales tax estimates consider:
- Average household taxable spending: $15,500 per year
- Combined state and local rates for both cities
Charleston, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Carson city, MI
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
| Data | Charleston, SC | Carson city, MI |
|---|---|---|
| State Sales Tax | 6.00% | 6.00% |
| Combined Sales Tax | 9.000% | 6.000% |
| Annual Tax Amount | $1,395 | $930 |
Comparison: Shopping in Carson city, MI costs $465 less in annual sales tax than in Charleston, SC for the average household.
Tax Comparison Insights
Tax Insights: Charleston vs Carson city
- Property Tax: Charleston has a 0.5964 percentage points lower effective property tax rate than Carson city.
- Income Tax: Living in MI could save you approximately $1,579 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Carson city is 3.00 percentage points lower than in Charleston.
Overall Tax Burden Comparison
Charleston, SC
$8,406
Combined annual tax burden
Property
$2,008
Income
$5,003
Sales
$1,395
Carson city, MI
$8,862
Combined annual tax burden
Property
$4,508
Income
$3,424
Sales
$930
Overall Comparison: Charleston, SC has an estimated $456 lower total tax burden than Carson city, MI based on our standard scenarios.
Important Tax Disclaimer
The tax information provided above is based on publicly available data and standard assumptions. Actual tax situations will vary based on:
- Individual financial circumstances
- Applicable deductions and credits
- Recent changes in tax laws
- Personal spending habits
- Local variations within cities and counties
This comparison is intended for general informational purposes only and should not be considered tax advice. For specific guidance regarding your tax situation, please consult with a qualified tax professional.