Georgia variant. This is a Georgia-specific version of the Income Tax Calculator, 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 Income Tax Calculator.
Georgia income tax (Flat 5.39% as of 2024 (down from 5.49%)) stacks on top of federal tax. Understanding both layers is essential to estimating your total Georgia tax bill.
Georgia state income tax structure
Georgia taxes income at Flat 5.39% as of 2024 (down from 5.49%), with a top marginal rate of 5.39%. Like the federal system, only income within each bracket is taxed at that bracket's rate.
Federal brackets (10%–37%) apply nationwide. Combine your federal effective rate with the Georgia rate to find your true marginal tax on the next dollar earned.
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: state tax on $74,632
Using the 5.39% top rate as a ceiling, state income tax on $74,632 is at most about $4,023; the actual figure is lower after brackets and deductions.
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
Does Georgia have state income tax?
Yes - Flat 5.39% as of 2024 (down from 5.49%), topping out at 5.39%.
What is the top tax rate in Georgia?
The top marginal state rate is 5.39%.