Josh Scandlen Podcast

How GEORGIA Taxes Retirees

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Georgia taxes for retirees are among the lowest in the nation.  In fact, Georgia ranks in my top 8 for most friendliest towards retirees!    Georgia is even more tax-friendly than its neighbor to the north, Tennessee even though Tennessee has no income tax.  Weird right? And this is a perfect example of the need to look beyond just the states with no income tax as a place to retire that is tax-friendly. For example, in GA, if you are married and have income up to $130k, there is NO TAX! While it's sales tax is the 20th highest in the US, the state does not tax food.  Individual municipalities can though. so do your research on which county taxes food.  But, think about it, what is one largest consumption products? You got it, groceries.  So, in GA, you can get by with a minimal tax on groceries, if any at all.  Property taxes average just under 1%.  Which puts Georgia in the middle of all 50 states. But because the median house value is quite low, the actual d