How much are property taxes in Isle of Palms, SC?

Homeowners in Isle of Palms, SC pay a median of $3,480 (±$447) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $3,252.

Homes without a mortgage pay a median of $3,980.

That is about 0.2% of the median home value of $1,581,300.

In Isle of Palms, the median real estate tax went from $3,174 in 2015–2019 to $3,480 in 2020–2024 (+9.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$3,480 (±$447)
With a mortgage
$3,252
Without a mortgage
$3,980
Share of median value
0.2%

Real estate taxes in Isle of Palms against Charleston County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Isle of PalmsCharleston CountySouth CarolinaUnited States
Median real estate taxes$3,480 (±$447)$1,901 (±$31)$1,251 (±$7)$3,119
Homes with a mortgage$3,252 (±$528)$1,989 (±$45)$1,444 (±$10)$3,489
Homes without a mortgage$3,980 (±$704)$1,661 (±$68)$913 (±$10)$2,576
Median home value$1,581,300 (±$285,401)$489,100 (±$9,282)$259,000 (±$1,421)$332,700

In Isle of Palms, the median real estate tax is higher than in Charleston County ($1,901).

It is also higher than in South Carolina ($1,251).

It is not measurably different from the national figure ($3,119).

In Charleston County, Isle of Palms ranks 4 of 16 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 7 of 363.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Isle of Palms

The median tax ($3,480) is 0.2% of the median home value ($1,581,300).

Across Charleston County the same ratio is 0.4%.

Across South Carolina it is 0.5%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Isle of Palms have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$3,174 (±$333)$3,480 (±$447)+9.6%No measurable change after inflation
Median home value$852,700 (±$44,170)$1,581,300 (±$285,401)+85.4%Up after inflation
Median owner cost with a mortgage$3,382 (±$215)$3,777 (±$349)+11.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Isle of Palms

Nearest places with a published estimate, compared with Isle of Palms
PlaceDistanceMedian real estate taxesCompared with this place
Isle of Palms—$3,480 (±$447)—
Sullivan's Island5.1 mi$8,533 (±$1,650)Higher
Mount Pleasant6.6 mi$2,300 (±$81)Lower
James Island12 mi$1,784 (±$106)Lower
Awendaw13 mi$1,459 (±$510)Lower
Charleston13 mi$2,214 (±$86)Lower
Folly Beach15 mi$3,318 (±$601)Not measurably different
Hanahan17 mi$1,467 (±$87)Lower
North Charleston20 mi$1,527 (±$107)Lower

Nearby places with a measurably lower figure: Mount Pleasant, SC ($2,300), James Island, SC ($1,784), Awendaw, SC ($1,459).

Nearby places with a measurably higher figure: Sullivan's Island, SC ($8,533).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Charleston County, place by place

RankPlaceMedian real estate taxes
1Sullivan's Island$8,533 (±$1,650)
2Kiawah Island$8,349 (±$1,836)
3Seabrook Island$3,970 (±$440)
4Isle of Palms$3,480 (±$447)
5Folly Beach$3,318 (±$601)
6Meggett$2,713 (±$860)
7Mount Pleasant$2,300 (±$81)
8Charleston$2,214 (±$86)
9Hollywood$1,924 (±$526)
10McClellanville$1,841 (±$155)

Showing 10 of 16 places in Charleston County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Isle of Palms

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Isle of Palms beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Isle of Palms, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Isle of Palms, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Isle of Palms

How much are property taxes in Isle of Palms?

The median real estate tax paid by homeowners in Isle of Palms, SC is $3,480 (±$447) a year (2020–2024 American Community Survey).

What is the property tax rate in Isle of Palms?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.2% of the median home value in Isle of Palms, and the actual rate is set by the town, county and school district.

Have property taxes in Isle of Palms gone up?

In Isle of Palms, the median real estate tax went from $3,174 in 2015–2019 to $3,480 in 2020–2024 (+9.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Isle of Palms higher than in Charleston County?

In Isle of Palms, the median real estate tax is higher than in Charleston County ($1,901).

It is also higher than in South Carolina ($1,251).

It is not measurably different from the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Isle of Palms city, South Carolina (place:36115, in state:45).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related