Taxes & Insurance in Pawleys Island

Pawleys Island sits in Georgetown County, carrying a real, comparatively lower sales-tax floor than Horry County, South Carolina's current two-bracket income tax, and real barrier-island homeowners-insurance exposure.

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Georgetown County's lower sales-tax floor

Georgetown County's minimum combined sales tax rate is cited at 7% (South Carolina's 6% state rate plus a Georgetown County rate near the floor) -- lower than Horry County's 8% minimum documented elsewhere in this dataset's Grand Strand batch, though specific municipalities or special districts may add local option taxes.

Property tax: a real, favorable owner-occupied assessment ratio

South Carolina assesses owner-occupied primary residences at 4% of value versus 6% for non-owner-occupied property -- a real, meaningful distinction for a market like Pawleys Island where second homes and rental investment properties are common. Georgetown County's millage varies by specific district, cited in a broad 200-280 mill range; a Pawleys Island-specific rate was not independently confirmed this session.

South Carolina's two-bracket income tax

Act 110 (signed March 30, 2026) set South Carolina's income tax at 1.99% on the first $30,000 of SC taxable income and 5.21% above that, effective tax year 2026. Social Security is fully exempt; the age-65 and retirement-income deductions are coordinated for a combined $15,000 maximum.

Real barrier-island homeowners insurance exposure

As a genuine barrier island with a documented direct-hit hurricane history (Hazel 1954, Hugo 1989), Pawleys Island carries real, elevated homeowners and flood insurance cost exposure consistent with South Carolina's above-average statewide insurance costs -- confirm current flood-zone status and premium estimates directly, especially for oceanfront or creek-front property.

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.