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A Guide To Hilton Head Area Real Estate, Rentals & Lifestyle &Real Estate
HILT ON HEAD, BLUFFT ON, OKATIE AREA
Includes tax districts and current millage rates
Island Information
Hilton Head Island Taxes
REAL ESTATE AND PERSONAL PROPERTY TAX
There are many tax districts in Beaufort County each with a corresponding tax rate. The map above will guide to for the local area.
REAL ESTATE TAX AT PURCHASE
When you purchase real estate the county will use the purchase value to calculate the taxes due. This will be reduced to 4% of the purchase if you are to reside in the property and 6% if you use it for any other purpose. The result will then be subject to the millage for your district.
REAL ESTATE TAX AFTER PURCHASE
The county uses an assessed value, determined by them, to calculate continuing real estate taxes. This is also reduced to 4% for residents or 6% for nonresidents. That number is multiplied by the corresponding millage rate to determine the amount of taxes. Resident millage rate is lower than nonresidents as residents do not pay that portion of the millage relating to school operations.
IF YOU ARE OVER 65
One-year residents, or more, who are over 64, or blind, or have a disability may reduce their assessed value of their primary residence by $50,000 before reducing the assessed value to 4%.
AN EXAMPLE
Purchase Price = $300,000 X 4 or 6 percent X the millage rate shown on the map above for your district = taxes due. 300,000 X 4% (resident) = 12,000 X .102 millage rate in Hilton Head Plantation = $1,224 in taxes due.
Remember, the information here is general in nature. If you have specific questions about your personal taxes you should check with the Country Auditor (843 255 2500), the Tax Assessor’s Office (843 255 2400) or your personal accountant.
Sliding Scale Of Sc State Tax Rate For Personal Income
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What area within Hilton Head/Bluffton/Okatie are you most interested in? (choose more than one if applicable)
Alston Park
Beaufort & Islands
Belfair
Berkeley Hall
Bloody Point
Bluffton
Callawassie Island Carolina Isles
Colleton River
Daufuskie Island
Edgewater
Eagles Point/The
Crescent
Forest Beach
Fripp Island
Haig Point
Hampton Hall
Hampton Lake Hampton Pointe
Hilton Head Lakes Hilton Head Plantation
Indigo Run Jarvis Creek Lawton Station
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