Georgia vs West Virginia
West Virginia
Property‑Tax Comparison: Georgia vs. West Virginia
Quick overview – Both states levy a tax on the assessed value of real‑estate. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Georgia’s effective property‑tax rate is higher than West Virginia’s. The following sections present the key figures side by side, identify the lower‑rate state, and note which groups of residents might find the information most relevant.
Side‑by‑side comparison
| Metric | Georgia | West Virginia |
|---|---|---|
| Effective property‑tax rate | 0.81 % | 0.54 % |
| Median home value | $272,900 | $155,600 |
| Median annual property tax | $2,214 | $835 |
| Property tax on a $250,000 home | $2,028 | $1,341 |
| Property tax on a $500,000 home | $4,057 | $2,683 |
| Median household income | $74,664 | $57,917 |
All figures are from the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).
Which state has the lower property‑tax rate?
Winner (lower rate): West Virginia
- Rate difference: 0.81 % – 0.54 % = 0.27 percentage points, which is a 33.86 % lower rate in West Virginia.
- Annual tax difference on a $250,000 home: $2,028 – $1,341 = $687.
- Annual tax difference on a $500,000 home: $4,057 – $2,683 = $1,374.
Because West Virginia’s effective property‑tax rate is lower, owners of comparable‑value homes pay less in annual property taxes there than in Georgia.
Who might benefit most from this comparison?
| Audience | Why the data matters |
|---|---|
| Current or prospective homeowners | The effective tax rate directly affects the cost of owning a home. A lower rate reduces yearly out‑of‑pocket expenses. |
| Retirees and fixed‑income households | Property‑tax burden can be a significant portion of a limited budget; a lower rate may make a state more affordable for long‑term residence. |
| Real‑estate investors | Understanding tax differentials helps evaluate net‑operating income and cash‑flow expectations across markets. |
| Policy analysts | The table provides a concise snapshot of how two states compare on a key fiscal metric, useful for broader tax‑policy studies. |
The comparison is most useful for individuals or entities evaluating the cost of home ownership in these two states. It does not address other tax categories (income, sales, or excise taxes) or non‑tax factors such as climate, employment opportunities, or public services.
References
- According to the U.S. Census Bureau data, the figures above reflect the 2023 American Community Survey (5‑year) estimates.
- For more detailed state‑specific information, see the internal pages on Georgia property tax and West Virginia property tax.
All numbers are presented as reported by the U.S. Census Bureau and have not been adjusted for inflation or local assessment practices.
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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.