Georgia variant. This is a Georgia-specific version of the Payroll Tax Estimator (Flat Rate), using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Payroll Tax Estimator (Flat Rate).
Georgia employers owe federal payroll taxes (Social Security, Medicare, FUTA) plus state obligations (state income tax withholding and SUTA).
Payroll tax obligations in Georgia
Employers match the 6.2% Social Security and 1.45% Medicare withheld from employees, and pay FUTA (0.6% on the first $7,000 after credits) plus state unemployment insurance.
Georgia also requires state income tax withholding (Flat 5.39% as of 2024 (down from 5.49%)).
About taxes and housing in Georgia
Georgia has moved to a flat individual income tax that it plans to continue lowering over time.
Georgia keeps property taxes near the national average and offers a homestead exemption to reduce the taxable value of primary residences.
Georgia's economy centers on Atlanta as a transportation, film, and corporate hub, with agriculture and logistics important statewide.
Worked example: employer cost on $74,632
On a $74,632 salary, the employer's FICA match alone is 7.65% = $5,709, before FUTA and Georgia unemployment insurance.
Quick reference
- State income tax: Flat 5.39% as of 2024 (down from 5.49%)
- State sales tax: 4% (plus 3.40% avg local)
- Median home value: $340,000
- Median household income: $74,632
- Effective property tax rate: 0.81%
- Avg auto insurance: $1,648/yr
Frequently Asked Questions
What payroll taxes do Georgia employers pay?
Employer FICA match (7.65%), FUTA, state unemployment, and state income tax withholding.
What is the employer FICA match?
Employers match 6.2% Social Security + 1.45% Medicare = 7.65% of wages.