Taxes in Newnan, Georgia
Complete tax guide for Newnan, GA. State income tax up to 5.49%, 0.89% property tax, 5.14% sales tax. Calculate your total tax burden.
State Income Tax
5.49%
Georgia
Property Tax
0.89%
Effective rate
Sales Tax
5.14%
Combined rate
Tax Burden
Moderate
Newnan, GA Tax Overview
Population
43,645
Median Income
$60,500
Cost of Living
95.2 (100 = avg)
State Income Tax
5.49%
Median Home Price
$292,000
Newnan Tax Calculator
Pre-filled with Newnan median: $60,500
Total Tax Burden in Newnan
$13,171
Take-Home: $47,329 · Effective Rate: 21.77%
Federal Tax
$5,222
8.63% eff.
GA State
$3,321
5.49% eff.
FICA
$4,628
7.65% eff.
Take-Home
$47,329
78.23% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $60,500.00 | $5,041.67 |
| Federal Income Tax | -$5,221.50 | -$435.13 |
| Georgia State Tax | -$3,321.45 | -$276.79 |
| Social Security (6.2%) | -$3,751.00 | -$312.58 |
| Medicare (1.45%) | -$877.25 | -$73.10 |
| Take-Home Pay | $47,328.80 | $3,944.07 |
Property Tax in Newnan
Median Home
$292,000
Annual Tax
$2,599
Monthly Tax
$217
Effective Rate
0.89%
Sales Tax in Newnan
Combined Rate
5.14%
State Portion
~2.6%
Local Portion
~2.5%
The combined sales tax rate in Newnan is 5.14%, which is below the national average of 7.12%. On a $100 purchase, you would pay $5.14 in sales tax.
Tax Burden Comparison
| Tax Type | Newnan | Georgia Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.49% | 5.49% | 4.6% |
| Property Tax | 0.89% | ~0.89% | 1.1% |
| Sales Tax | 5.14% | ~5.14% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Newnan Residents
- Georgia's income tax rate of 5.49% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Newnan (0.89%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Georgia
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ModerateAthens
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HighCalculate Your Full Georgia Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Newnan, GA?
Newnan, Georgia has a state income tax rate up to 5.49%. The property tax rate is 0.89% and the combined sales tax rate is 5.14%.
How much is property tax in Newnan?
The effective property tax rate in Newnan is 0.89%. On the median home price of $292,000, this equals approximately $2,599 per year or $217 per month. This is below the national average of 1.1%.
What is the sales tax rate in Newnan?
The combined sales tax rate in Newnan is 5.14%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Newnan's tax burden compare to other cities?
Newnan has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 26.5%. The combination of 5.49% state income tax, 0.89% property tax, and 5.14% sales tax determines the total burden. Cost of living index is 95.2 (100 = national average).
Are there any local taxes in Newnan?
Newnan does not impose a separate local or city income tax. Residents pay the state income tax of 5.49%, federal income tax, and FICA (Social Security and Medicare).