What You Need to Know About Myrtle Beach Property Taxes in 2025

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What You Need to Know About Myrtle Beach Property Taxes in 2025

In 2025, Myrtle Beach property taxes are influenced by updated millage rates and property value assessments from Horry County. The rollback millage rate for the city was set at 83.9, slightly lower than the previous year’s 88.9, to moderate tax increases despite rising property values. Homeowners experiencing increased property values will likely see a small rise in their taxes, for example, an owner of a $250,000 home with a 15% value increase might pay about $25 more in property taxes. The overall impact on the city’s budget is an estimated $2 million increase in the general fund, but there may be some budget uncertainty due to shifts in tourism-related revenues.

The median effective property tax rate in Myrtle Beach is approximately 1.03%, slightly above the national median. Median home values in Myrtle Beach are around $169,740, which means median tax bills are near $1,301 annually. Tax rates vary by location within Myrtle Beach, with detailed percentile breakdowns showing property tax differences according to home values. Property tax payments for 2025 were due by January 15, 2025.

For business owners and consumers, the combined sales tax rate in Myrtle Beach for 2025 is 9%, which includes the state rate of 6%, city tax of 1%, and a special tax of 2%. This sales tax applies to most goods and services sold within Myrtle Beach.

2025 rollback millage rate: 83.9 (down from 88.9)

Median effective property tax rate: 1.03%

Median home value: $169,740

Median annual property tax bill: $1,301

Sales tax rate: 9% total (6% state + 1% city + 2% special tax)

Property tax payments due by January 15, 2025

These changes reflect moderated tax increases despite rising property values and adjustments made to balance the city’s budget needs.​

SOURCES

[1](https://wpde.com/news/local/myrtle-beach-homeowners-face-tax-changes-with-new-millage-rates-and-property-assessments-increase-tourism-development-fund-tdf-2024-2025-budget-fy-fiscal-year-south-carolina-rollback-value-city-council)
[2](https://trykintsugi.com/sales-tax-guide/myrtle-beach-south-carolina-sales-tax-guide)
[3](https://www.ownwell.com/trends/south-carolina/horry-county/myrtle-beach)
[4](https://www.horrycountysc.gov/news/articles/real-property-tax-payments-due-january-15-2025/)
[5](https://www.avalara.com/taxrates/en/state-rates/south-carolina/cities/myrtle-beach.html)

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