Georgia vs South Dakota
Property‑Tax Comparison: Georgia vs. South Dakota
Introduction
Both Georgia and South Dakota levy property taxes that fund local services such as schools, roads, and public safety. Using the most recent data from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates), the two states can be compared on effective tax rates, median home values, and typical tax bills. The figures show that Georgia’s effective property‑tax rate is lower than South Dakota’s, which results in smaller annual tax payments for comparable home values.
Side‑by‑Side Metrics
| Metric (2023 ACS) | Georgia | South Dakota |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 1.09 % |
| Median home value | $272,900 | $236,800 |
| Median annual property tax | $2,214 | $2,590 |
| Property tax on a $250,000 home | $2,028 | $2,735 |
| Property tax on a $500,000 home | $4,057 | $5,469 |
| Median household income | $74,664 | $72,421 |
Sources: According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Which State “Wins” on Property Tax?
- Winner (lower rate): Georgia
- Rate difference: 0.28 percentage points, which is a 25.83 % lower effective rate than South Dakota’s.
- Annual tax difference:
- On a $250,000 home, Georgia’s tax is $707 less per year.
- On a $500,000 home, Georgia’s tax is $1,412 less per year.
The lower effective tax rate in Georgia translates directly into lower annual property‑tax obligations for homeowners at common price points. This outcome is based solely on the effective tax rate and does not account for other fiscal factors such as state income taxes, sales taxes, or local service levels.
Who Is This Comparison Most Relevant For?
| Audience | Why the Comparison Matters |
|---|---|
| Current or prospective homeowners | Property‑tax burden is a major component of total housing costs; the data shows that a comparable home will cost less in annual taxes in Georgia. |
| Homebuyers evaluating relocation | Understanding the relative tax environment helps in budgeting for recurring expenses after a move. |
| Retirees considering a primary residence | Fixed‑income households often monitor property‑tax growth; a lower rate may ease long‑term affordability. |
| Real‑estate investors | Tax differentials affect cash‑flow projections for rental properties or investment holdings. |
| Policy analysts | The side‑by‑side figures provide a concise snapshot of how two states differ in property‑tax policy. |
The comparison does not address other cost‑of‑living elements (e.g., state income tax, healthcare, climate) and should be considered alongside those factors when making relocation or investment decisions.
Further Reading
- Detailed information on Georgia’s property‑tax structure: Georgia property tax
- Detailed information on South Dakota’s property‑tax structure: South Dakota property tax
Reference
According to U.S. Census Bureau data (2023 American Community Survey, 5‑year estimates).
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.