Home › Research

Austin vs Myrtle Beach — 55+ Community Comparison

Texas no income tax vs SC Horry County tax stack, Hill Country vs Grand Strand, and the financial comparison most buyers do not run until it is too late

FactorAustin / San Antonio TXMyrtle Beach SC
State Income TaxNoneSC low effective rate w/ senior deductions
Property Tax Rate~2.0–2.5% effective (no cap equivalent)Horry Co. — sub-0.3% effective at 65+ w/ all exemptions
Annual Property Tax ($500K home)~$10,000–$12,500/yr~$1,000–$1,800/yr (65+ primary, all exemptions)
Long-Term CapTX homestead limits increases to 10%/yr assessed (not market)No equivalent — but starting rate is so low the cap matters less
CDD FeesCommon in master-planned communitiesNone in Horry County
Beach AccessNone — Gulf Coast 3+ hrsAtlantic Ocean — 5–15 min from most communities
ClimateHot dry summers (100°F+ Jun–Sep), mild wintersHot humid summers, mild winters, hurricane risk
Entry 55+ Price~$350K (Sun City Georgetown)~$200K (Myrtle Trace)
HOA Range~$150–$350/mo~$180–$310/mo (comparable)
Cultural DepthAustin music, food, UT — strongLimited tourist-oriented
HealthcareStrong Austin / San Antonio metro systemCoastal Carolina; Charleston 90 min

The Property Tax Reality

This comparison is primarily a property tax story. Texas has no income tax — same as Florida — but compensates with high effective property tax rates and no equivalent to South Carolina's Horry County exemption stack. A $500K home in Williamson County TX (Georgetown / Sun City) pays approximately $10,000–$12,500/year in property tax. The same value home in Horry County SC with all 65+ exemptions applied pays approximately $1,000–$1,800/year. The annual difference of $8,000–$11,000 is the largest property tax differential of any two markets we cover side by side. Over 20 years, that gap is $160,000–$220,000. Austin wins on income tax (zero vs SC's modest effective rate) and Hill Country lifestyle and cultural depth. Myrtle Beach wins decisively on property tax, beach access, and total annual housing cost.

Austin Hub →Myrtle Beach Hub →Horry County Tax Guide →

Have questions about what you're reading? A specialist can walk you through real costs, honest comparisons, and what's actually available right now — free, no obligation.

Talk to a Specialist →

Austin or Myrtle Beach?

Tell us your priorities and we will give you a straight comparison for your situation.

🎯
Free · No Obligation · Vetted Agents

Ready to move from research to real conversations about this community?

We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.

Talk to a Specialist
Free Consultation · Vetted Agents · No Obligation

Ready to take the next step on
the right 55+ community?

Connect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.

Connect with a Specialist →
Personally vetted by the Nova55Living founderNo scripts. No pressure.Always free