Columbia, SC — income, home value, property tax, and sales tax.
In ZIP code 29201, which takes in part of Columbia, homes carry a median value of $255,800, and the county-level property tax rate of 0.67% works out to roughly $1,714 a year on such a home. That figure stands out against a median household income of $32,297, meaning property taxes alone could claim about 5% of a household's annual earnings. Per-capita income sits at $28,003. Adding an 8.00% combined sales tax on purchases further tightens budgets, so owning a home here demands careful planning for many households.
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