Georgia vs Vermont
Property Tax Comparison: Georgia vs. Vermont
Introduction
Both Georgia and Vermont levy property taxes that fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the two states differ markedly in effective tax rates, median home values, and the resulting annual tax bills. This article presents the key metrics side by side, identifies which state has the lower property tax burden, and notes which types of homeowners are most affected by the differences.
Side‑by‑Side Comparison
| Metric | Georgia | Vermont |
|---|---|---|
| Effective property tax rate | 0.81 % | 1.71 % |
| Median home value | $272,900 | $290,500 |
| Median annual property tax | $2,214 | $4,956 |
| Tax on a $250,000 home | $2,028 | $4,265 |
| Tax on a $500,000 home | $4,057 | $8,530 |
| Median household income | $74,664 | $78,024 |
Data source: According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).
Which State Wins on Property Tax Burden?
Winner (lower tax rate): Georgia
- Tax‑rate difference: 0.89 percentage points, which is a 52.44 % lower effective rate than Vermont’s 1.71 %.
- Annual tax difference on a $250,000 home: $2,237 less in Georgia ($2,028 vs. $4,265).
- Annual tax difference on a $500,000 home: $4,473 less in Georgia ($4,057 vs. $8,530).
The lower effective tax rate in Georgia translates directly into smaller annual property‑tax bills for comparable home values, making it the “winner” in a pure tax‑burden comparison.
Who Might Benefit Most from This Comparison?
| Audience | Implications |
|---|---|
| Current homeowners | Georgia homeowners pay roughly half the property tax that Vermont homeowners with similar‑valued homes would pay, freeing up more disposable income for other expenses. |
| Prospective homebuyers | Buyers looking to minimize ongoing tax costs may find Georgia’s lower rates more attractive, especially for higher‑priced properties. |
| Retirees on fixed incomes | Lower annual taxes in Georgia can reduce the financial pressure on retirees, whereas Vermont’s higher taxes may require a larger portion of a fixed income to cover property expenses. |
| Investors | Investors evaluating cash‑flow after‑tax may prefer Georgia because the lower tax outlay improves net operating income on rental or resale properties. |
| Policy analysts | The data illustrate how state‑level tax structures can create sizable differences in household expenses, even when median home values are comparable. |
The comparison is most relevant for individuals or families evaluating the total cost of homeownership, including recurring tax obligations, rather than for those focused solely on purchase price or income levels.
Sources
- U.S. Census Bureau, 2023 American Community Survey (5‑year estimates) – property tax rates, home values, and household income.
- Internal reference pages: Georgia property tax | Vermont property tax
All figures are presented as estimates from the latest ACS data and are subject to change with future assessments or legislative adjustments.
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.