Lowcountry Living & Real Estate

LLRE April 2019

A guide to Hilton Head Island and Bluffton area real estate, rentals and lifestyle

Issue link: https://www.e-digitaleditions.com/i/1099162

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Page 49 of 59

HILTON HEAD ISLAND DAUFUSKIE ISLAND COLLETON RIVER PLANTATION MOSS CREEK BELFAIR EAGLE'S POINT CALLAWASSIE ISLAND SPRING ISLAND LEMON ISLAND SOUTH POINTE VILLAGE AT OLD TOWNE SAWMILL FOREST THE CRESCENT HERITAGE LAKES HAIG POINT BLOODY POINT HARDEEVILLE CALIBOGUE SOUND T O BE AUFORT TO S AVA NNAH LAKE LINDEN PINCKNEY ISLAND RIVER'S END VICTORIA BLUFF DAUFUSKIE CLUB & RESORT OLDFIELD BERKELEY HALL TO SHELL POINTE CALLAWASSIE ISLAND SPRING ISLAND HEYWARD POINT S P A N I SH WE L L S WINDMILL HARBOUR HILTON HEAD PLANTATION PALMETTO HALL PORT ROYAL PALMETTO DUNES WE XF O R D LO NG COV E SEA PINES PLANTATION SHIPYARD INDIGO RUN TIDE POINT ASHTON COVE MA Y R IVE R CHECHESSEE RIVER COLLE T ON RIV ER BR OA D RIVER I95 US 17 T O S AV A N N A H I95 T APPX 4 MI. © 2019 MEDIA SOLUTIONS 360 S A V A NN AH RIVER G E O R G IA SO U TH C A RO LINA BEAUFORT COUNTY JAS PER C O U N T Y J A S P ER C OU N T Y B EAU F O RT COUNTY JA S P E R C O UN T Y SC 170 SC 170 For Copies of Map, Call (843) 785-7272 HARBOUR TOWN SOUTH BEACH FOREST BEACH SHELTER COVE YACHT COVE BROAD CREEK LANDING PT. COMFORT SC 46 ROSE HILL SHELL HALL WOODBRIDGE WESTBURY PARK TOWN OF BLUFFTON PINECREST HAMPTON HALL ISLAND WEST SUN CITY HWY 278 SANDY POINTE PALMETTO BLUFF BULL ISLAND B EA UFO R T C O UNTY MITCHELVILLE HAMPTON LAKE ROSE DHU CREEK Hilton Head Lakes Hampton Pointe HWY 278 HILTON HEAD, BLUFFTON, OKATIE AREA Includes tax districts and current millage rates excluding Jasper County and Northern Beaufort County TAX DISTRICTS AND MILLAGE RATES DISTRICT NUMBER DISTRICT COLOR MILLAGE RATE 6% *This district is encompassed by District 510 and has the same millage rate. ** This district is encompassed by District 550 and has the same millage rate. MILLAGE RATE 4% HILTON HEAD ISLAND 510 & 511* .23386 .12926 550 .22681 .12221 520 .23681 .13221 501 .23169 .12709 552 & 553** .22681 .12221 BLUFFTON OKATIE AREA 600-603 .22464 .12004 TOWN OF BLUFFTON 610-614 .26314 .15854 HARDEEVILLE 650 .31609 .21149 DAUFUSKIE ISLAND 800 .25936 .15476 County Auditor's Office in Beaufort - 843-255-2500 Tax Assessor's Office - 843-255-2400 www.bcgov.net • www.sctax.org Hilton Head Island Taxes REAL ESTATE AND PERSONAL PROPERT Y 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, deter- mined by them, to calculate your 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. Residents millage rate is lower than non- residents 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 2.5% on the first $2,530 3% on the next $2,530 4% on the next $2,530 5% on the next $2,530 6% on the next $2,530 7% on $12,650+ LAWTON STATION NEW RIVERSIDE 48 I S L A N D I N F O R M AT I O N

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