Illinois vs Georgia Taxes: Income, Property & Sales

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

Illinois vs Georgia Income Tax Comparison

	Illinois	Georgia
Income Tax Rates & Thresholds	4.95%	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+
Median Income	$78,020	$67,730
Income Tax Paid On Median Household Income	$13,677	$10,971
Income After Tax Based on Median Household Income	$64,343	$56,759

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Illinois vs Georgia Property Tax Comparison

	Illinois	Georgia
Average Property Tax Rate	1.78%	0.70%
Average House Price By State	$254,128	$320,437
Average Property Tax Owed Per Year	$4,523	$2,243
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$54,516

Illinois vs Georgia Sales Tax Comparison

	Illinois	Georgia
Average State Sales Tax	6.25%	4.00%
Average Local Sales Tax Across the State	2.56%	3.35%
Average Combined Sales Tax Rate	8.81%	7.35%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$3,733
Maximum Disposable Income Based on Median Household Income	$54,976	$50,783

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

	Illinois	Georgia
Income Tax Owed	$4,903	$4,748
After Tax Income	$35,097	$35,252
Income After Income & Property Tax	$30,574	$33,009
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$30,749

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

	Illinois	Georgia
Income Tax Owed	$8,820	$8,826
After Tax Income	$51,180	$51,174
Income After Income & Property Tax	$46,657	$48,931
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$45,581

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

	Illinois	Georgia
Income Tax Owed	$14,210	$14,376
After Tax Income	$65,790	$65,624
Income After Income & Property Tax	$61,267	$63,381
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$59,041

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

	Illinois	Georgia
Income Tax Owed	$19,600	$19,926
After Tax Income	$80,400	$80,074
Income After Income & Property Tax	$75,877	$77,831
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$72,502

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

	Illinois	Georgia
Income Tax Owed	$13,196	$13,225
After Tax Income	$86,804	$86,775
Income After Income & Property Tax	$82,281	$84,532
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$78,744

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

	Illinois	Georgia
Income Tax Owed	$25,726	$26,155
After Tax Income	$124,274	$123,845
Income After Income & Property Tax	$119,751	$121,602
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$113,276

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

	Illinois	Georgia
Income Tax Owed	$39,201	$40,030
After Tax Income	$160,799	$159,970
Income After Income & Property Tax	$156,276	$157,727
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$146,928

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

	Illinois	Georgia
Income Tax Owed	$53,595	$54,824
After Tax Income	$196,405	$195,176
Income After Income & Property Tax	$191,882	$192,933
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$179,723

FAQ

Does Illinois or Georgia have lower income taxes?

Illinois’s income tax falls into the following range: 4.95%

Whereas Georgia’s income tax is the following

• 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+

Does Illinois or Georgia have lower property taxes?

Illinois has an average property tax rate of 1.78%

In comparison, Georgia has an average property tax rate of 0.70%

Does Illinois or Georgia have lower sales taxes?

Illinois has a state sales tax rate of 6.25% and an average local rate of 2.56% for a combined total rate of 8.81%.

In contrast, 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%.

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

Based on median household income after income, property and sales taxes Illinois gives you a maximum amount of disposable income of $54,976

In comparison, Georgia gives you $50,783.

More Comparisons:

Illinois vs North Carolina
Illinois vs Michigan
Illinois vs New Jersey
Illinois vs Virginia
Illinois vs Washington

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/