South Carolina sees more property tax revenue in Q4 2024

W. Hartley Powell, Director of Department of Revenue at South Carolina Department of Revenue
W. Hartley Powell, Director of Department of Revenue at South Carolina Department of Revenue
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South Carolina collected $37 million in property taxes during the fourth quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 48% increase over the same quarter the previous year, when property tax revenues were $25 million.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by state governments.

Overall, South Carolina collected $4.8 billion in combined tax revenues in Q4.

Q4 South Carolina Tax Collections
Type of Tax Amount (millions)
Sales and Gross Receipts Taxes $2,428
Income Taxes $2,060
License Taxes $272
Other Taxes $41
Property Taxes $37

Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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