Retire in Bluffton

Affordability

Find out how much it costs to live in Bluffton.

Cost of Living

A Kiplinger rated "Tax friendly" state should make Bluffton attractive to you if you're trying to prevent too much of your income from getting taxed. While there is income tax and most pensions are taxed, the blow is lessened by sales tax breaks for seniors over 85.

Kiplinger Rating:

Tax Friendly

State Income Tax:

3-7%

Social Security Tax?

None

County + State Sales Tax

6%

Property Tax Rate *

0.5%

Property Tax Ranking (County Property Tax rank out of 2,773, higher rank=lower rate) *

2577

* 2008-2010

Cost of Living Index (100=average):

99.5

Housing + transportation costs as % of income:

53%

Tax Details

State Sales Tax Breaks for Seniors:

Seniors 85 and older pay 5%

Pensions Taxed?

Yes

Tax burden: % income going to state and local taxes:

8.3%

Inheritance and estate taxes (per Kiplinger):

None

Taxing of other retirement income (per Kiplinger):

Yes

Property Tax Break for Seniors (per Kiplinger):

For homeowners 65 and older, the state's homestead exemption allows the first $50,000 of a property's fair market value to be exempt from local property taxes. To qualify, you must have been at least 65 years old, and a legal resident of South Carolina for one year, as of Dec 31 of the preceding year

 

For more detailed tax information from Kiplinger, visit www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/

Real Estate

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Work Potential

While Bluffton's GDP and employment growth are lagging US, its average income has grown by a staggering ~16% over the past 3 years. Bluffton may really draw your interest if you're looking to work in Retail or Healthcare, the two industries leading the way in hiring of late.

  • Area
  • National Average

5 Largest Companies

  • Beaufort County
  • Marriott Resorts
  • Beaufort County School District
  • Wal-Mart
  • CareCore National

GDP Growth Last 3 Years

4.7%

Income Growth Last 3 Years

16.1%

Employment Growth Last 3 Years

4.3%

Top Industries Hiring

  • Retail Trade
  • Health care and social assistance
  • Accommodation and food services
  • Management of companies and enterprises
  • Military

Breakdown Fulltime vs Part Time over 65 (%)

  • Part Time over 65
  • Full Time Over 65

Occupation Breakdown (%)

  • Management, Business, Science & Arts (MBSA)
  • Natural Resources, Contruction & Maintenance (NRCM)
  • Production, Transportation, Materials & Moving (PTMM)
  • Sales & Office (S&O)
  • Service

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