Question

Georgia state. Does your state have an income tax? What percentage of your income do you have to pay in state income tax? What about property taxes and sales taxes? How do these taxes in your area compare to those in three other states and communities of your choice?

Answer 1

GEORGIA STATE TAX Income tax: 1% - 6% Sales tax: 4% - 8.9% Property tax: 0.94% effective rate Gas tax: 31.09 cents per gallon of regular gasoline, 34.19 cents per gallon of diesel

Among U.S. states, Georgia’s tax system ranks close to the middle of the pack for the burden its tax system places on taxpayers. Combined state and local sales taxes in the Peach State average 7.00%, 21st highest in the country. The state’s top marginal income tax rate of 6% is 20th highest, while its bottom rate of 1% is 15th lowest. Likewise its average property and gas taxes are both near the national averages.

Georgia Sales Taxes

While Georgia has the second lowest statewide sales tax in the country (4% among states that have a sales tax), Atlanta has its own city sales tax of 1.9%, and counties can assess their own sales taxes of up to 4%.

Georgia Property Tax

Since counties and cities collect real estate taxes and assess property values according to their own set of rules, the best way to evaluate property taxes is based on the amounts homeowners report paying as a percentage of actual home values. This is called the effective property tax rate.

For the entire state of Georgia, the average effective property tax rate is 0.94% (less than the national average of 1.20%). That varies by county, however. In Fulton County, the state’s most populous, the effective property tax rate is 1.10%. County rates in Georgia range from less than half a percent to over 1.35%.

State	Income Tax	Sales Tax	Property Tax
Georgia	1.0 - 6.0%	4.00%	0.94%
California	1.0 - 13.3%	7.25%	0.79%
Florida	None	6.00%	1.02%
New York	4.00 - 8.82%	4.00%	1.65%