Dorchester, SC — income, home value, property tax, and sales tax.
In ZIP code 29018, which takes in Dorchester, households bring in a median of $49,167 a year, while per-capita income sits at $26,457. With a median home value of $108,000 and a county property tax rate of 0.65%, annual property taxes land near $700, a figure that leaves breathing room in most monthly budgets. Day-to-day purchases carry a 7.00% combined sales tax, so spending is taxed at the register rather than through steep housing costs. The result is a financial picture where earnings stretch further than in pricier markets, even if incomes themselves stay below many metro averages.
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