Georgia vs Michigan
Property Tax Comparison: Georgia vs. Michigan
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the effective property‑tax rates and related housing metrics differ noticeably between Georgia and Michigan. The following comparison summarizes the key figures that affect homeowners, retirees, and other property owners in each state.
| Metric | Georgia | Michigan |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 1.28 % |
| Median home value | $272,900 | $217,600 |
| Median annual property tax | $2,214 | $2,795 |
| Property tax on a $250,000 home | $2,028 | $3,211 |
| Property tax on a $500,000 home | $4,057 | $6,423 |
| Median household income | $74,664 | $71,149 |
Sources: Georgia property tax, Michigan property tax.
Which State Has the Lower Tax Burden?
Based on the effective tax rate, Georgia is the lower‑tax state.
- Tax‑rate difference: 0.47 percentage points (Georgia’s 0.81 % vs. Michigan’s 1.28 %). This represents a 36.84 % lower rate in Georgia.
- Annual tax difference on a $250,000 home: $1,183 less in Georgia.
- Annual tax difference on a $500,000 home: $2,366 less in Georgia.
The lower effective rate and the resulting lower dollar amounts mean that, all else equal, property owners in Georgia pay less in annual property taxes than comparable owners in Michigan.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Data |
|---|---|
| Current or prospective homeowners | Understanding the relative tax burden helps in budgeting for home‑ownership costs. |
| Retirees | Fixed‑income retirees often consider property taxes when choosing a residence; lower taxes can reduce living expenses. |
| Real‑estate investors | Tax differentials affect cash‑flow projections for rental properties or resale scenarios. |
| Policy analysts & local officials | The figures provide a baseline for evaluating tax‑policy proposals or inter‑state competitiveness. |
The comparison is purely factual and does not account for other state‑level considerations such as income tax, sales tax, or cost‑of‑living differences. Users should incorporate those factors separately when evaluating overall affordability.
Based on the most recent ACS estimates, Georgia offers a lower effective property‑tax rate than Michigan, resulting in lower annual tax payments for comparable home values.
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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.