New York vs Georgia Taxes: Income, Property & Sales

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

New York vs Georgia Income Tax Comparison

	New York	Georgia
Income Tax Rates & Thresholds	4.00%: $0-$8,500 4.50%: $8,501-$11,700 5.25%: $11,701-$13,900 5.85%: $13,901-$80,650 6.25%: $80,651-$215,400 6.85%: $215,401-$1,077,550 9.65%: $1,077,551-$5,000,000 10.30%: $5,000,001-$25,000,000 10.90%: $25,000,001	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	$75,910	$67,730
Income Tax Paid On Median Household Income	$13,227	$10,971
Income After Tax Based on Median Household Income	$62,683	$56,759

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New York vs Georgia Property Tax Comparison

	New York	Georgia
Average Property Tax Rate	1.26%	0.70%
Average House Price By State	$421,274	$320,437
Average Property Tax Owed Per Year	$5,308	$2,243
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$54,516

New York vs Georgia Sales Tax Comparison

	New York	Georgia
Average State Sales Tax	4.00%	4.00%
Average Local Sales Tax Across the State	4.52%	3.35%
Average Combined Sales Tax Rate	8.52%	7.35%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$3,733
Maximum Disposable Income Based on Median Household Income	$52,870	$50,783

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

	New York	Georgia
Income Tax Owed	$4,699	$4,748
After Tax Income	$35,301	$35,252
Income After Income & Property Tax	$29,993	$33,009
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$30,749

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

	New York	Georgia
Income Tax Owed	$8,796	$8,826
After Tax Income	$51,204	$51,174
Income After Income & Property Tax	$45,896	$48,931
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$45,581

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

	New York	Georgia
Income Tax Owed	$14,366	$14,376
After Tax Income	$65,634	$65,624
Income After Income & Property Tax	$60,326	$63,381
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$59,041

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

	New York	Georgia
Income Tax Owed	$19,982	$19,926
After Tax Income	$80,018	$80,074
Income After Income & Property Tax	$74,710	$77,831
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$72,502

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

	New York	Georgia
Income Tax Owed	$12,962	$13,225
After Tax Income	$87,038	$86,775
Income After Income & Property Tax	$81,730	$84,532
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$78,744

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

	New York	Georgia
Income Tax Owed	$25,942	$26,155
After Tax Income	$124,058	$123,845
Income After Income & Property Tax	$118,750	$121,602
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$113,276

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

	New York	Georgia
Income Tax Owed	$39,956	$40,030
After Tax Income	$160,044	$159,970
Income After Income & Property Tax	$154,736	$157,727
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$146,928

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

	New York	Georgia
Income Tax Owed	$55,000	$54,824
After Tax Income	$195,000	$195,176
Income After Income & Property Tax	$189,692	$192,933
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$179,723

FAQ

Does New York or Georgia have lower income taxes?

New York’s income tax falls into the following range:

• 4.00%: $0-$8,500
• 4.50%: $8,501-$11,700
• 5.25%: $11,701-$13,900
• 5.85%: $13,901-$80,650
• 6.25%: $80,651-$215,400
• 6.85%: $215,401-$1,077,550
• 9.65%: $1,077,551-$5,000,000
• 10.30%: $5,000,001-$25,000,000
• 10.90%: $25,000,001

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 New York or Georgia have lower property taxes?

New York has an average property tax rate of 1.26%

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

Does New York or Georgia have lower sales taxes?

New York has a state sales tax rate of 4.00% and an average local rate of 4.52% for a combined total rate of 8.52%.

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 New York or Georgia?

Based on median household income after income, property and sales taxes New York gives you a maximum amount of disposable income of $52,870

In comparison, Georgia gives you $50,783.

More Comparisons:

New York vs North Carolina
New York vs Michigan
New York vs New Jersey
New York vs Virginia
New York 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/