the Grand Strand · Sherman Beach Group
Myrtle Beach Property Taxes: 4% vs 6%
Myrtle Beach property tax uses South Carolina’s assessment ratios: 4% for a qualifying owner-occupied legal residence and 6% for most other real property, including many second homes. The bill also depends on local millage. Sherman Beach Group at eXp Realty does not quote a tax from the ratio alone. Confirm the bill with the county.
The 4% and 6% figures are assessment ratios, not the tax rate and not a percent of the purchase price you should budget as the bill. South Carolina applies the ratio to the taxable value, and local governments apply millage. A second home often does not qualify for the legal-residence ratio.
The classification rules are in South Carolina Code § 12-43-220. The South Carolina Department of Revenue describes property tax at dor.sc.gov. Horry County, or the county where the parcel sits, is who confirms the bill. Cost of living is the wider monthly picture.
Property tax guide. 4% and 6% are statutory assessment ratios, not a computed bill.
619 Waccamaw River Rd.
Myrtle Beach, SC 29588
3,095 sqft · 3 bd | 2 ba
MLS 2625829 · Realty ONE Group Dockside
Listing courtesy of Realty ONE Group Dockside
6001-O36 South Kings Hwy.
Myrtle Beach, SC 29575
862 sqft · 2 bd | 2 ba
MLS 2625872 · Keller Williams Innovate South
Listing courtesy of Keller Williams Innovate South
706 Soloman Rd
Little River, SC 29566
1,437 sqft · 3 bd | 3 ba
MLS 2625820 · Lennar Carolinas LLC
Listing courtesy of Lennar Carolinas LLC
1501 South Ocean Blvd.
Myrtle Beach, SC 29577
594 sqft · 1 bd | 1 ba
MLS 2625822 · RE/MAX Southern Shores
Listing courtesy of RE/MAX Southern Shores
7035 Long Horne Ranch Dr.
Loris, SC 29569
1.38 acres
MLS 2625856 · ERA Real Estate Modo
Listing courtesy of ERA Real Estate Modo
1304 N Ocean Blvd.
Myrtle Beach, SC 29577
610 sqft · 1 bd | 1 ba
MLS 2625800 · ERA Real Estate Modo
Listing courtesy of ERA Real Estate Modo
TBD Heritage Rd.
Loris, SC 29569
21.3 acres
MLS 2625818 · CB Sea Coast Advantage CF
Listing courtesy of CB Sea Coast Advantage CF
210 N Ocean Blvd.
North Myrtle Beach, SC 29582
1,200 sqft · 3 bd | 2 ba
MLS 2625812 · Century 21 The Harrelson Group
Listing courtesy of Century 21 The Harrelson Group
244 Sun Colony Blvd.
Longs, SC 29568
920 sqft · 2 bd | 2 ba
MLS 2625769 · RE/MAX Southern Shores NMB
Listing courtesy of RE/MAX Southern Shores NMB
9184 W Highway 19
Loris, SC 29569
1,280 sqft · 3 bd | 2 ba
MLS 2625869 · Realty ONE Group DocksideNorth
Listing courtesy of Realty ONE Group DocksideNorth
510 Fairwood Lakes Dr.
North Myrtle Beach, SC 29582
720 sqft · 1 bd | 1 ba
MLS 2625786 · Century 21 The Harrelson Group
Listing courtesy of Century 21 The Harrelson Group
4680 Eastport Landing Dr.
Little River, SC 29566
2,905 sqft · 4 bd | 3 ba
MLS 2625767 · Weichert Realtors Southern Coast
Listing courtesy of Weichert Realtors Southern Coast
What 4% and 6% actually are
Owner-occupied legal residence is assessed at 4% when the owner qualifies. Most other real property, including many second homes and rental property, is assessed at 6%. That is the state classification, not a Myrtle Beach special. Qualifying is a filing with the county. Buying a house does not automatically produce the 4% ratio.
Sherman Beach Group will not estimate your tax by multiplying the list price by 4% or 6%. That skips exemptions, the county’s appraised value, and millage. The seller’s last bill is a clue. It is not your future classification if you will not occupy the home as your legal residence.
Millage is local
Municipal, county, and school millage differ by district. Myrtle Beach, North Myrtle Beach, Surfside Beach, and unincorporated Horry County are not one rate. This page does not print a millage table, because those rates are adopted locally and change. Use the county treasurer or assessor for the current levy.
A primary home in Carolina Forest or Conway and a second home in a Myrtle Beach condo can fall in different classifications even when the prices look similar. Tell Lane which one it is before anyone talks about the payment.
What to ask before you write
Ask whether you will claim legal residence, which county and municipality tax the parcel, and what the current bill was. Then ask the county, not the listing, whether you should expect 4% or 6%. HOA dues are not in the tax bill. Flood insurance is not either.
Relocating buyers should also read relocating to Myrtle Beach. Call (717) 778-1554 or contact Sherman Beach Group with the address. We will not invent a tax quote on a phone call.
Questions about Myrtle Beach Property Taxes: 4% vs 6%
Is the Myrtle Beach property tax 4% of the price?
- No. Four percent is the assessment ratio for a qualifying owner-occupied legal residence, not the tax rate. The bill also depends on value and local millage.
Do second homes get the 4% ratio?
- Often they do not. The 4% legal-residence ratio is for a qualifying owner-occupied home. Many second homes and rentals are assessed at 6%. Confirm with the county.
Is the ratio the same in North Myrtle Beach and Surfside?
- The 4% and 6% classifications are state rules. Millage differs by place. The county that taxes the parcel can confirm both.
Where is the official source?
- South Carolina Code § 12-43-220 and the Department of Revenue at dor.sc.gov. The county assessor applies the classification to the parcel.
Who helps with myrtle beach property taxes: 4% vs 6%?
- Lane Sherman at Sherman Beach Group / eXp Realty, (717) 778-1554, myrtlebeachhousehunt.com/contact.
Work with Lane Sherman
Browse freely. Tell Lane Sherman how you want to live and we will narrow buildings, flood, and HOAs. No forced registration wall. Call (717) 778-1554 or send a message on the contact form.
Also see Relocating to Myrtle Beach, Cost of Living in Myrtle Beach, Carolina Forest Homes for Sale, Conway Homes for Sale, Myrtle Beach Real Estate, neighborhood guides, and live search.