Georgia vs New Hampshire
Property‑Tax Comparison: Georgia vs. New Hampshire
Both Georgia and New Hampshire levy property taxes at the county, municipal, and school‑district levels, but the overall burden on homeowners differs markedly. Using the latest U.S. Census Bureau data, the two states can be contrasted on effective tax rates, median home values, median annual taxes, and household income.
Key Metrics (2023 ACS 5‑Year Estimates)
| Metric | Georgia | New Hampshire |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 1.77 % |
| Median home value | $272,900 | $367,200 |
| Median annual property tax | $2,214 | $6,505 |
| Property tax on a $250,000 home | $2,028 | $4,429 |
| Property tax on a $500,000 home | $4,057 | $8,858 |
| Median household income | $74,664 | $95,628 |
| Internal link | Georgia property tax | New Hampshire property tax |
Source: According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
Which State “Wins” on Property Tax?
- Lower tax rate: Georgia, with an effective rate of 0.81 %, is 0.96 percentage points lower than New Hampshire’s 1.77 %.
- Percentage difference: The rate in Georgia is 54.2 % lower than that of New Hampshire.
- Annual tax gap: For a $250,000 home, Georgia’s tax is $2,401 less per year; for a $500,000 home, the gap widens to $4,801 per year.
Because the comparison criterion is the lower property‑tax rate, Georgia is the winner.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of Findings |
|---|---|
| Current or prospective homeowners | Lower effective rates in Georgia translate to reduced yearly outlays, especially for mid‑range home prices ($250k–$500k). |
| Retirees on fixed incomes | A lower tax burden can make Georgia more affordable for those relying on limited retirement income, though other cost‑of‑living factors (e.g., state income tax) are not addressed here. |
| Real‑estate investors | The tax differential influences cash‑flow calculations; properties in Georgia generate higher net operating income when other variables are equal. |
| Policy analysts | The data illustrate how state‑level tax structures affect household expenses relative to median incomes. Georgia’s median household income ($74,664) is lower than New Hampshire’s ($95,628), yet its property‑tax burden is also lower, indicating a comparatively lighter tax load relative to income. |
Summary
Based on the most recent ACS estimates, Georgia imposes a significantly lower effective property‑tax rate than New Hampshire. The disparity is evident across home‑value brackets and translates into measurable annual savings for homeowners. Stakeholders—particularly homebuyers, retirees, and investors—should consider these figures alongside other fiscal variables (state income tax, sales tax, cost of living) when evaluating the overall affordability of each state.
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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.