Georgia vs Iowa Taxes: Income, Property & Sales

Does Georgia or Iowa have lower taxes? We answer that in a variety of ways below:

Georgia vs Iowa Income Tax Comparison

	Georgia	Iowa
Income Tax Rates & Thresholds	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+	0.33%: $0-$1,743 0.67%: $1,744-$3,486 2.25%: $3,487-$6972 4.14%: $6,973-$15,687 5.63%: $15,688-$26,145 5.96%: $26,146-$34,860 6.25%: $34,861-$52,290 7.44%: $52,291-$78,435 8.53%: $78,436+
Median Income	$67,730	$76,320
Income Tax Paid On Median Household Income	$10,971	$13,833
Income After Tax Based on Median Household Income	$56,759	$62,487

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Georgia vs Iowa Property Tax Comparison

	Georgia	Iowa
Average Property Tax Rate	0.70%	1.25%
Average House Price By State	$320,437	$215,458
Average Property Tax Owed Per Year	$2,243	$2,693
Income After Income Taxes & Property Taxes Based On Median State Household Income	$54,516	$59,794

Georgia vs Iowa Sales Tax Comparison

	Georgia	Iowa
Average State Sales Tax	4.00%	6.00%
Average Local Sales Tax Across the State	3.35%	0.94%
Average Combined Sales Tax Rate	7.35%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,733	$3,880
Maximum Disposable Income Based on Median Household Income	$50,783	$55,913

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Georgia	Iowa
Income Tax Owed	$4,748	$4,786
After Tax Income	$35,252	$35,214
Income After Income & Property Tax	$33,009	$32,521
Maximum Disposable Income After Income, Property & Sales Taxes	$30,749	$30,410

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Georgia	Iowa
Income Tax Owed	$8,826	$9,028
After Tax Income	$51,174	$50,972
Income After Income & Property Tax	$48,931	$48,279
Maximum Disposable Income After Income, Property & Sales Taxes	$45,581	$45,146

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Georgia	Iowa
Income Tax Owed	$14,376	$14,916
After Tax Income	$65,624	$65,084
Income After Income & Property Tax	$63,381	$62,391
Maximum Disposable Income After Income, Property & Sales Taxes	$59,041	$58,342

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Georgia	Iowa
Income Tax Owed	$19,926	$21,015
After Tax Income	$80,074	$78,985
Income After Income & Property Tax	$77,831	$76,292
Maximum Disposable Income After Income, Property & Sales Taxes	$72,502	$71,341

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Georgia	Iowa
Income Tax Owed	$13,225	$14,448
After Tax Income	$86,775	$85,552
Income After Income & Property Tax	$84,532	$82,859
Maximum Disposable Income After Income, Property & Sales Taxes	$78,744	$77,482

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Georgia	Iowa
Income Tax Owed	$26,155	$28,768
After Tax Income	$123,845	$121,232
Income After Income & Property Tax	$121,602	$118,539
Maximum Disposable Income After Income, Property & Sales Taxes	$113,276	$110,846

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Georgia	Iowa
Income Tax Owed	$40,030	$44,033
After Tax Income	$159,970	$155,967
Income After Income & Property Tax	$157,727	$153,274
Maximum Disposable Income After Income, Property & Sales Taxes	$146,928	$143,327

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Georgia	Iowa
Income Tax Owed	$54,824	$60,217
After Tax Income	$195,176	$189,783
Income After Income & Property Tax	$192,933	$187,090
Maximum Disposable Income After Income, Property & Sales Taxes	$179,723	$174,948

FAQ

Does Georgia or Iowa 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 Iowa’s income tax is the following

• 0.33%: $0-$1,743
• 0.67%: $1,744-$3,486
• 2.25%: $3,487-$6972
• 4.14%: $6,973-$15,687
• 5.63%: $15,688-$26,145
• 5.96%: $26,146-$34,860
• 6.25%: $34,861-$52,290
• 7.44%: $52,291-$78,435
• 8.53%: $78,436+

Does Georgia or Iowa have lower property taxes?

Georgia has an average property tax rate of 0.70%

In comparison, Iowa has an average property tax rate of 1.25%

Does Georgia or Iowa 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, Iowa has a state sales tax rate of 6.00% and an average local rate of 0.94% for a combined total rate of 6.94%.

Do you get to keep more money in Georgia or Iowa?

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, Iowa gives you $55,913.

More Comparisons:

Georgia vs Nevada
Georgia vs Arkansas
Georgia vs Mississippi
Georgia vs Kansas
Georgia vs New Mexico

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/