Georgia vs Idaho
Property‑Tax Comparison: Georgia vs. Idaho
Quick summary – Both states have median household incomes near $74,600, but Idaho’s effective property‑tax rate (0.53 %) is lower than Georgia’s (0.81 %). The lower rate translates into smaller annual tax bills for comparable home values.
Side‑by‑side metrics
| Metric (2023 ACS 5‑year) | Georgia | Idaho |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 0.53 % |
| Median home value | $272,900 | $376,000 |
| Median annual property tax | $2,214 | $2,006 |
| Tax on a $250,000 home | $2,028 | $1,334 |
| Tax on a $500,000 home | $4,057 | $2,667 |
| Median household income | $74,664 | $74,636 |
| Link to detailed state page | Georgia property tax | Idaho property tax |
All figures are from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Which state “wins” on property taxes?
- Winner (lower tax rate): Idaho – Its effective rate of 0.53 % is 0.28 percentage points (≈34 %) lower than Georgia’s 0.81 % rate.
- Annual tax difference – For a $250,000 home, Idaho owners pay about $694 less per year ($1,334 vs. $2,028). For a $500,000 home, the difference widens to roughly $1,390 per year ($2,667 vs. $4,057).
Why Idaho is lower – The lower effective rate reflects state‑wide assessment practices and tax‑levying authority that, on average, result in smaller property‑tax bills relative to home values.
Who benefits most from this comparison?
| Audience | Relevance of the comparison |
|---|---|
| Current homeowners | Understanding how a change of residence could affect yearly tax liabilities. |
| Prospective homebuyers | Estimating ongoing housing costs when evaluating affordability in each state. |
| Retirees and fixed‑income households | Lower property taxes can reduce the fixed‑cost burden of homeownership. |
| Real‑estate investors | Assessing the impact of property‑tax rates on cash‑flow projections for rental properties. |
| Policy analysts | Using the data as a baseline for evaluating tax‑policy differences between the two states. |
The information is strictly factual; it does not constitute financial advice. Readers should consider additional factors—such as state income taxes, sales taxes, cost of living, and local services—when evaluating overall tax burden and affordability.
References
According to U.S. Census Bureau data (2023 American Community Survey 5‑year estimates), the figures presented above reflect the most recent publicly available estimates for property‑tax rates, home values, and household incomes in Georgia and Idaho.
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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.