Taxes in Florida: Income, Sales, and Property Tax Guide
Top Income Tax Rate
No Income Tax
Combined Sales Tax
7.0%
Avg Property Tax Rate
0.8%
Median Household Income
$73,103
How Florida Compares to National Average
IRS Statistics of Income Data
Average AGI
$61,000
Average Tax Liability
$8,500
Itemized Deduction Rate
22.0%
Avg SALT Deduction
$7,200
Avg Mortgage Interest Deduction
$10,500
Avg Charitable Deduction
$5,100
Source: IRS Statistics of Income (2022 tax year)
What This Means for You
Florida is one of the states that does not levy a state income tax. This can mean significant tax savings compared to high-tax states, though Florida may compensate through higher sales tax, property tax, or other fees. Consider the full tax picture when evaluating the cost of living.
Frequently Asked Questions
Does Florida have an income tax?
No, Florida does not have a state income tax.
What is the sales tax in Florida?
The combined state and local sales tax rate in Florida is approximately 7.0%.
How does Florida compare to other states?
Visit our state comparison page or use the Compare tool to see how Florida's tax burden compares to neighboring states and the national average.
Related Resources
Data sources: Tax Foundation (2024), IRS Statistics of Income (2022). TaxGrader is not a CPA, tax advisor, enrolled agent, or attorney. This content is for educational and informational purposes only.