South Carolina variant. This is a South Carolina-specific version of the Payroll Tax Estimator (Flat Rate), using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Payroll Tax Estimator (Flat Rate).
South Carolina employers owe federal payroll taxes (Social Security, Medicare, FUTA) plus state obligations (state income tax withholding and SUTA).
Payroll tax obligations in South Carolina
Employers match the 6.2% Social Security and 1.45% Medicare withheld from employees, and pay FUTA (0.6% on the first $7,000 after credits) plus state unemployment insurance.
South Carolina also requires state income tax withholding (0-6.2% across 3 brackets).
About taxes and housing in South Carolina
South Carolina levies a graduated income tax with a top marginal rate just above 6%.
South Carolina has one of the lowest effective property tax rates in the country, near 0.56%, with median home values around $295,000.
South Carolina's economy features automotive and aerospace manufacturing, port logistics in Charleston, and coastal tourism.
Worked example: employer cost on $63,623
On a $63,623 salary, the employer's FICA match alone is 7.65% = $4,867, before FUTA and South Carolina unemployment insurance.
Quick reference
- State income tax: 0-6.2% across 3 brackets
- State sales tax: 6% (plus 1.50% avg local)
- Median home value: $295,000
- Median household income: $63,623
- Effective property tax rate: 0.56%
- Avg auto insurance: $1,655/yr
Frequently Asked Questions
What payroll taxes do South Carolina employers pay?
Employer FICA match (7.65%), FUTA, state unemployment, and state income tax withholding.
What is the employer FICA match?
Employers match 6.2% Social Security + 1.45% Medicare = 7.65% of wages.