Taxes & Insurance in Daniel Island
Daniel Island carries a comparatively low effective property tax rate but a high dollar-amount bill given elevated home values, South Carolina's real two-bracket income tax, a 9.0% combined sales tax, and real, address-specific flood insurance requirements tied to its river-bordered geography.
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Learn moreA comparatively low effective property tax rate, but a high dollar bill
Daniel Island's median effective property tax rate is 0.46%, below South Carolina's 0.66% statewide median and the 1.02% national median -- but the median annual bill still runs $6,142/year given the island's high home values (Ownwell, retrieved 2026-08-24).
South Carolina's real, two-bracket state income tax
Act 110 (H.4216), signed March 30, 2026, restructured South Carolina's individual income tax into two brackets: 1.99% on the first $30,000 of SC taxable income, 5.21% above. Social Security is fully exempt, with real, coordinated retiree-income deductions capped at $15,000 combined -- a statewide fact restated here as place-level context, particularly relevant given this record's retiring topic.
A 9.0% combined sales tax
Daniel Island sits in Berkeley County, which carries the same 9.0% minimum combined sales tax rate documented for Goose Creek and Moncks Corner elsewhere in this batch.
Real, address-specific flood insurance requirements
FEMA flood zones vary meaningfully by specific Daniel Island neighborhood -- West Bay, The Preserve, and River's Bend carry real, address-specific mandatory flood insurance requirements given the island's position between the Cooper and Wando Rivers. Confirm a specific property's zone directly before budgeting insurance costs.
Key takeaways
- Effective property tax rate (0.46%) is comparatively low, but the median annual bill ($6,142) runs high given elevated home values.
- South Carolina's real two-bracket income tax (1.99%/5.21%, 2026) applies statewide, with Social Security fully exempt.
- Combined sales tax is 9.0%.
- Real, address-specific FEMA flood zones (West Bay, The Preserve, River's Bend among them) carry mandatory flood insurance requirements -- confirm directly for a specific property.
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