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Chapin
Chapin
South Carolina
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Chapin, popularly known as the capital of Lake Murray, is a small, affluent, lake town located at the northern tip of Lexington County, South Carolina bordering Newberry County, South Carolina to the south. Lake Murray separates Chapin from the rest of Lexington County. Chapin is located approximately 22 miles northwest of Columbia and many people commute there for work, however, the town is considered fringe rural by the US postal service. Chapin is known for its charm and southern hospitality and is consistently rated in the Top 10 places to live in South Carolina. Chapin was founded by Martin Chapin in 1889. The following year, 1890, the railroad was built to connect Chapin to Columbia, South Carolina and other major regions. The population of Chapin was 1,445 according to the 2010 census, however, the population of the area with a Chapin mailing address, which is all known as Chapin by local people, is 6,742. The town government is set up in the Mayor-Council form and the current Chapin mayor is David W. Knight. Chapin has four public schools in the area; the first Chapin school was built in 1924. Lake Murray is the main attraction to Chapin and provides recreational boaters with water-related entertainment.

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Taxes

B

How did South Carolina earn the grade of B? We examined the state taxes based on how age friendly they are. South Carolina has a state sales tax of 6.00%. Of particular interest is that South Carolina does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. South Carolina has an effective property tax rate of 0.57%. Weighing these taxes and other taxes most likely to impact the aging population is how South Carolina earned its state tax grade of B.

Learn more about taxes in South Carolina

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