Connecticut vs Georgia
Property‑Tax Comparison: Connecticut vs. Georgia
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Connecticut and Georgia have markedly different property‑tax environments. Connecticut’s effective property‑tax rate of 1.92 % is more than double Georgia’s 0.81 %. Median home values, household incomes, and the resulting tax payments also differ, which can affect the cost of home ownership in each state.
Side‑by‑Side Metrics
| Metric | Connecticut | Georgia |
|---|---|---|
| Effective property‑tax rate | 1.92 % | 0.81 % |
| Median home value | $343,200 | $272,900 |
| Median annual property tax | $6,575 | $2,214 |
| Property tax on a $250,000 home | $4,789 | $2,028 |
| Property tax on a $500,000 home | $9,579 | $4,057 |
| Median household income | $93,760 | $74,664 |
All figures are taken from the 2023 ACS 5‑year estimates.
Which State Has the Lower Property‑Tax Burden?
Winner (lower tax rate): Georgia
- Tax‑rate difference: 1.92 % – 0.81 % = 1.10 percentage points.
- Relative difference: 1.10 % ÷ 0.81 % ≈ 57.65 % lower in Georgia.
Annual tax impact on typical home values
| Home value | Connecticut tax | Georgia tax | Difference (Connecticut – Georgia) |
|---|---|---|---|
| $250,000 | $4,789 | $2,028 | $2,761 |
| $500,000 | $9,579 | $4,057 | $5,522 |
Based on the lower effective tax rate and the resulting lower annual tax amounts, Georgia provides a less expensive property‑tax environment than Connecticut.
Who Is Likely to Benefit More From This Comparison?
| Audience | Relevance of the comparison |
|---|---|
| Current homeowners | Homeowners in Connecticut who are considering relocating may find Georgia’s lower tax burden financially attractive. |
| Prospective homebuyers | Buyers evaluating affordability should factor in both median home values and property‑tax rates; Georgia offers lower taxes but also lower median home prices. |
| Retirees | Retirees on fixed incomes often prioritize lower recurring expenses. Georgia’s lower property taxes, combined with a lower median home price, may reduce overall housing costs. |
| Real‑estate investors | Investors focused on cash‑flow may prefer Georgia because lower property taxes improve net operating income on comparable properties. |
| Policy analysts | The data illustrate how state‑level tax policy and assessment practices influence household cost burdens. |
The comparison is factual and does not prescribe a particular decision; it simply outlines how property‑tax rates and related figures differ between the two states.
Sources
- U.S. Census Bureau, 2023 American Community Survey (5‑year estimates) – property‑tax rates, home values, and income data.
- Internal references: Connecticut property tax and Georgia property tax.
All numbers are presented as reported in the cited ACS data set.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.