Charleston, SC — income, home value, property tax, and sales tax.
In ZIP code 29401, which covers part of Charleston, homes carry a median value of $1,164,800, far outpacing the area's median household income of $99,667. The county's 0.39% effective property tax rate helps offset that gap: a home at the median value would generate roughly $4,500 in annual taxes, a figure that stays contained despite the steep price tag. Per-capita income sits at $93,475, and a 9.00% combined sales tax applies to purchases. Buyers here face a market where high prices, not tax rates, drive the cost of ownership.
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