Their many locations bring convenience and peace of mind to the city’s residents. The Pawleys Island area has three premier healthcare systems, Tidelands Health System, McLeod Health, and Grand Strand Health. One of the most appealing features of Pawleys Island is the top-rated healthcare services available to all residents. When relocating to a new area, familiarizing yourself with local healthcare options is an important task. Local city officials and news outlets notify residents well in advance if there’s a chance of a major storm, and they provide detailed instructions on action that needs to be taken, such as evacuation. Hurricane season runs from June through November, with the majority of storms occurring in August and September. Residents can expect their fair share of storms throughout the year, but they’re generally not as scary or intense as many imagine. People considering a move to Pawleys Island generally want to know about hurricanes and what to expect. Pawleys Island’s proximity to the coast is a big reason why it gets more than the US average of 34.7 inches of rain per year. What the city lacks in snow it makes up for in rainfall, with an average of 54 inches of rain per year. That is significantly lower than the US average of 28 inches per year. Snowfall is rare, with an average of just 1 inch of snow per year. On average, temperatures range from 37 to 57☏ in January (the coldest month) and from 72 to 90☏ in July (the warmest month). One of the reasons retirees love Pawleys Island is for its laid-back subtropical coastal climate. The information above should function as a starting point for your tax research but not be substituted for direct advice from a tax professional. The top-rated retirement community in the area is The Lakes at Litchfield, a Continuing Care Retirement Community (CCRC) with available cottage homes and villa apartments. In addition to paying this low rate, South Carolina seniors who’ve lived in the state over a year can benefit from a “homestead exemption,” which exempts them from property taxes on the first $50,000 of their home’s value.įor those looking to retire in Pawleys Island, a retirement community is an excellent option where residents pay zero property tax altogether. South Carolina has one of the lowest effective property tax rates in the country, at just 0.57%.
This tax deduction is a great way for Pawleys Island residents to save money during retirement. It is applicable to all forms of retirement income, including that from 401(k) plans, IRAs and pension plans. Deduct Up to $15,000 from Income TaxesĪ $15,000 income tax deduction is available to South Carolina residents over the age of 65. No social security tax means more disposable income for retirees in Greenville. This is important because social security is relied on by millions of older Americans. South Carolina is one of the many states that imposes no tax on social security benefits. When you retire on Pawleys Island, not only do you get to live in one of the most beautiful places on the East Coast-you get to enjoy some incredible tax benefits too! Here is a breakdown of tax benefits for retirees on Pawleys Island: Zero Social Security Tax Use this comprehensive guide to get you started! This comprehensive Pawleys Island retirement guide offers everything you need to know. If you’re thinking about retiring on Pawleys Island, you’ve come to the right place. Those who live here feel like they’re part of something special.
The island is small in size and home to a tight-knit yet extraordinarily welcoming community. While it is growing in popularity as a retirement destination, it still feels like a hidden gem. Located on the southern end of The Grand Strand, below Myrtle Beach, Pawleys Island is one of the oldest resort areas on the East Coast of the United States. Whether you want to lounge on the beach, hit the links for a round of golf, or indulge in culinary wonder, Pawleys Island offers the leisure you’re looking for. Visitors and residents alike enjoy peace and serenity whenever they enter this island town. That’s what you’ll find on Pawleys Island. Ocean breeze, sandy beach and a quiet, laid-back atmosphere.
A Comprehensive Guide to Retiring on Pawleys Island, SC
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