Georgia vs Indiana
Property‑Tax Comparison: Georgia vs. Indiana
Introduction
Both Georgia and Indiana levy property taxes that fund local services such as schools, public safety, and infrastructure. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Indiana’s effective property‑tax rate is slightly lower than Georgia’s. The following sections present the key figures side by side, identify the state with the lower rate, and note which types of residents may find the comparison most relevant.
Side‑by‑Side Metrics
| Metric | Georgia | Indiana |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 0.74 % |
| Median home value | $272,900 | $201,600 |
| Median annual property tax | $2,214 | $1,496 |
| Property tax on a $250,000 home | $2,028 | $1,855 |
| Property tax on a $500,000 home | $4,057 | $3,711 |
| Median household income | $74,664 | $70,051 |
| Internal link | Georgia property tax | Indiana property tax |
All figures are drawn from the U.S. Census Bureau’s 2023 ACS 5‑year estimates.
Which State Wins on Property‑Tax Burden?
Winner (lower tax rate): Indiana
- Rate difference: 0.07 percentage points, which is an 8.53 % lower effective rate than Georgia’s.
- Annual tax difference on a $250 k home: $173 (Georgia $2,028 – Indiana $1,855).
- Annual tax difference on a $500 k home: $346 (Georgia $4,057 – Indiana $3,711).
Based on the lower effective tax rate and the resulting smaller annual tax amounts, Indiana provides a marginally lighter property‑tax burden for comparable home values.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Data |
|---|---|
| Current homeowners | Understanding the relative tax cost of owning a home in each state can inform decisions about refinancing, relocating, or budgeting for property expenses. |
| Prospective homebuyers | The effective tax rate and median tax amounts help estimate total housing costs when comparing properties across state lines. |
| Retirees | Property taxes often affect fixed‑income budgets; a lower rate (Indiana) may be advantageous for retirees seeking to minimize recurring expenses. |
| Real‑estate investors | Tax rates influence net return calculations; Indiana’s lower rate could improve cash‑flow projections for rental or resale properties. |
| Policy analysts | The side‑by‑side metrics provide a concise snapshot for evaluating state‑level tax policy impacts on households. |
The comparison is factual and does not account for other tax categories (e.g., income or sales tax) or non‑tax factors such as service levels, cost of living, or local market conditions.
Sources
- U.S. Census Bureau, 2023 American Community Survey (5‑year estimates). Data accessed for effective property‑tax rates, median home values, median household incomes, and calculated tax amounts.
Based on the most recent ACS estimates, Indiana’s effective property‑tax rate is 0.74 % compared with Georgia’s 0.81 %.
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.