Georgia vs Puerto Rico
Property‑Tax Comparison: Georgia vs. Puerto Rico
Introduction
Both Georgia and Puerto Rico levy property taxes that are based on the assessed value of real‑estate. The two jurisdictions differ markedly in median home values, household incomes, and effective tax rates. The following comparison uses the most recent data from the U.S. Census Bureau’s 2023 American Community Survey (ACS) 5‑year estimates.
Side‑by‑Side Metrics
| Metric | Georgia | Puerto Rico |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 0.50 % |
| Median home value | $272,900 | $124,600 |
| Median annual property tax | $2,214 | $627 |
| Tax on a $250,000 home | $2,028 | $1,258 |
| Tax on a $500,000 home | $4,057 | $2,516 |
| Median household income | $74,664 | $25,096 |
All figures are from the U.S. Census Bureau’s 2023 ACS (5‑year).
Which jurisdiction has the lower tax burden?
Winner (lower effective tax rate): Puerto Rico
- Rate difference: 0.31 percentage points (37.98 % lower than Georgia).
- Annual tax difference on a $250 k home: $770 less in Puerto Rico.
- Annual tax difference on a $500 k home: $1,541 less in Puerto Rico.
Because the effective property‑tax rate is lower in Puerto Rico, the overall tax liability on comparable property values is smaller, even though the median home price in Puerto Rico is roughly half that of Georgia.
Who might find this comparison most relevant?
| Audience | Relevance of the comparison |
|---|---|
| Current homeowners | Understanding how a change in residence could affect yearly property‑tax expenses. |
| Prospective homebuyers | Evaluating total cost of ownership, especially when budgeting for taxes alongside mortgage payments. |
| Retirees | Assessing the impact of property taxes on fixed‑income budgets; lower tax rates may be advantageous. |
| Real‑estate investors | Comparing after‑tax cash flow potential across jurisdictions. |
| Policy analysts | Using the data to examine how tax structures align with household‑income levels. |
The analysis is strictly data‑driven; it does not account for other fiscal considerations such as sales taxes, income taxes, or public‑service levels.
References
- According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates), the effective property‑tax rates and median values listed above are accurate as of the latest release.
- For detailed jurisdiction‑specific information, see the internal pages: Georgia property tax and Puerto Rico property tax.
Based on the most recent ACS estimates, Puerto Rico presently imposes a lower effective property‑tax rate than Georgia, resulting in lower annual tax payments for comparable home values.
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.