Taxes in Mount Pleasant

South Carolina's real, two-bracket Act 110 income tax (1.99%/5.21%) applies to Mount Pleasant residents the same as statewide, layered with a 9.0% combined sales tax and Charleston County's real, if disputed-in-exact-figure, comparatively low effective property tax rate.

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South Carolina's Act 110 income tax -- restated as place-level context

Act 110 (H.4216), signed March 30, 2026, restructured South Carolina's income tax from three graduated brackets into two, effective for tax year 2026: 1.99% on the first $30,000 of SC taxable income, 5.21% above that. This is neither a no-income-tax state nor a flat-rate state -- a genuine two-bracket graduated structure.

Mount Pleasant's 9.0% combined sales tax

Mount Pleasant's combined sales tax rate is 9.0% as of April 2026 -- 6% state plus 3% in local/special-district components, matching Charleston's own combined rate given both sit within Charleston County's local-option and transportation special-district structure.

Property tax: a real, if disputed, bright spot

Charleston County's average effective property tax rate carries a real, disclosed disagreement across sources: approximately 0.32% per one citation versus 0.53% per another -- either way, below the SC statewide median of 0.66% and a real, structural offset to the area's elevated insurance costs. South Carolina's 4% owner-occupied assessment ratio and Act 388 school-operations millage exemption apply here.

Social Security exempt; retiree deductions are coordinated, not additive

South Carolina does not tax Social Security income at all. Residents 65+ get real, but coordinated rather than simply additive, deductions -- the honest combined ceiling for a single 65+ filer runs to $15,000 total. See retiring for the fuller mechanics.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.