Does Georgia or Connecticut have lower taxes? We answer that in a variety of ways below:
Georgia vs Connecticut Income Tax Comparison
Georgia | Connecticut | |
Income Tax Rates & Thresholds |
|
|
Median Income | $67,730 | $90,730 |
Income Tax Paid On Median Household Income | $10,971 | $16,444 |
Income After Tax Based on Median Household Income | $56,759 | $74,286 |
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Georgia vs Connecticut Property Tax Comparison
Georgia | Connecticut | |
Average Property Tax Rate | 0.70% | 1.57% |
Average House Price By State | $320,437 | $401,285 |
Average Property Tax Owed Per Year | $2,243 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $54,516 | $67,986 |
Georgia vs Connecticut Sales Tax Comparison
Georgia | Connecticut | |
Average State Sales Tax | 4.00% | 6.35% |
Average Local Sales Tax Across the State | 3.35% | 0.00% |
Average Combined Sales Tax Rate | 7.35% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,733 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $50,783 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Georgia | Connecticut | |
Income Tax Owed | $4,748 | $4,090 |
After Tax Income | $35,252 | $35,910 |
Income After Income & Property Tax | $33,009 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,749 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Georgia | Connecticut | |
Income Tax Owed | $8,826 | $8,018 |
After Tax Income | $51,174 | $51,982 |
Income After Income & Property Tax | $48,931 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,581 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Georgia | Connecticut | |
Income Tax Owed | $14,376 | $13,493 |
After Tax Income | $65,624 | $66,507 |
Income After Income & Property Tax | $63,381 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,041 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Georgia | Connecticut | |
Income Tax Owed | $19,926 | $18,993 |
After Tax Income | $80,074 | $81,007 |
Income After Income & Property Tax | $77,831 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $72,502 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Georgia | Connecticut | |
Income Tax Owed | $13,225 | $11,881 |
After Tax Income | $86,775 | $88,119 |
Income After Income & Property Tax | $84,532 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $78,744 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Georgia | Connecticut | |
Income Tax Owed | $26,155 | $24,566 |
After Tax Income | $123,845 | $125,434 |
Income After Income & Property Tax | $121,602 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $113,276 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Georgia | Connecticut | |
Income Tax Owed | $40,030 | $38,316 |
After Tax Income | $159,970 | $161,684 |
Income After Income & Property Tax | $157,727 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,928 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Georgia | Connecticut | |
Income Tax Owed | $54,824 | $53,115 |
After Tax Income | $195,176 | $196,885 |
Income After Income & Property Tax | $192,933 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,723 | $179,205 |
FAQ
Does Georgia or Connecticut have lower income taxes?
Georgia’s income tax falls into the following range:
- 1.00%: $0-$750
- 2.00%: $751-$2,250
- 3.00%: $2,251-$3,750
- 4.00%: $3,751-$5,250
- 5.00%: $5,251-$7,000
- 5.75%: $7,000+
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does Georgia or Connecticut have lower property taxes?
Georgia has an average property tax rate of 0.70%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Georgia or Connecticut have lower sales taxes?
Georgia has a state sales tax rate of 4.00% and an average local rate of 3.35% for a combined total rate of 7.35%.
In contrast, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in Georgia or Connecticut?
Based on median household income after income, property and sales taxes Georgia gives you a maximum amount of disposable income of $50,783
In comparison, Connecticut gives you $63,926.
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