Florida Paycheck Calculator & Income Tax Rates (2026)

Florida does not levy a personal income tax, so there are no brackets, no standard deduction and no state withholding from your paycheck. Federal income tax, Social Security (6.2% up to $184,500) and Medicare (1.45%, plus 0.9% above $200,000) are the only payroll taxes you pay.

With no state tax, the effective rate in Florida rises only because federal brackets are progressive and the 0.9% additional Medicare tax kicks in above $200,000.

Filing status only changes the federal side in Florida. A married couple filing jointly on $100,000 keeps $84,710 versus $79,125 for a single filer — the difference comes entirely from the doubled federal standard deduction ($32,200 vs $16,100) and wider federal brackets.

Florida has no personal income tax, and the prohibition is written into the state constitution — Article VII bars any tax on the income of natural persons, and repealing it would take a 60% supermajority of voters. The provision dates to 1924, when Florida amended its constitution to lure wealthy Northerners, and the state has never seriously revisited it. Wages, self-employment income, capital gains, dividends and retirement distributions are all untaxed for tax year 2026. Florida also has no estate or inheritance tax, and it repealed its intangibles tax on stocks and bonds in 2007, removing the last state-level levy on investment wealth. The state funds itself instead through a 6% sales tax, documentary stamp taxes on real estate transactions, tourism taxes and property taxes. In 2025 the legislature eliminated the sales tax on commercial rent, the only such tax in the country, and made several sales tax breaks permanent. Florida led the nation in domestic in-migration through the early 2020s, with the tax structure a leading reason.

With no income tax, Florida has no standard deduction, personal exemption, itemized deduction, earned income credit or child credit, and residents file no state return. The federal standard deduction and credits apply normally. The main state-level break for households is the property tax homestead exemption, and Florida residents who itemize can deduct state sales tax in place of state income tax on their federal Schedule A.

No Florida city, county or school district levies an income or wage tax; the constitutional ban on personal income tax extends to local governments. Miami, Jacksonville, Tampa and Orlando fund themselves through property taxes, sales surtaxes, utility taxes and tourist development taxes on hotel stays.

Florida's state sales tax is 6%, and counties add discretionary surtaxes of up to 1.5%, producing combined rates of 7% in most of the state, including Miami-Dade and Broward. Groceries, prescription drugs and most residential utilities are exempt. The 2025 budget made the August back-to-school sales tax holiday permanent, made hurricane supplies permanently exempt, and eliminated the sales tax on commercial leases as of October 1, 2025.

Florida property taxes sit near the national average, around 0.8% of market value, but the homestead rules matter more than the rate. Primary residences get a $50,000 homestead exemption (the second $25,000 skips school taxes and has indexed with inflation since 2025), and the Save Our Homes cap limits annual assessment growth to 3% or inflation, whichever is lower, with the savings portable to a new Florida home. Proposals to eliminate homestead property taxes entirely were on the legislative agenda in 2025–2026.

Florida taxes no retirement income: Social Security, private and government pensions, 401(k) and IRA withdrawals, military retirement, annuities and investment income all pass to retirees untaxed, and with no estate tax the state does not reach inheritances either. Retirees 65 and older can claim an additional homestead exemption of up to $50,000 in counties that adopt it, subject to income limits, and disabled veterans get further property tax breaks. The countervailing costs are homeowners' insurance premiums, the highest in the country, and condo assessments driven by post-2021 structural inspection rules — line items that fall hardest on the retirees the tax code favors most.

High W-2 earners and business owners are the obvious winners: a $400,000 household relocating from New York City saves well over $30,000 a year in state and city income tax. Retirees pay nothing on any income source. Remote workers keep all wages free of Florida tax, but an employer in New York, Connecticut or Delaware may still tax those wages under convenience-of-the-employer rules. Middle-income homeowners come out closer to even once insurance, HOA dues and rising assessments are counted. Renters and low earners see the smallest benefit, since sales and property taxes fall on them indirectly.

The median household income in Florida is $57,000, which is $47,980 a year ($3,998 a month) after all taxes. That is close to the national median. After adjusting for cost of living, the purchasing power of that take-home is equivalent to $47,980 in an average-cost area.

Florida ranks #2 of 50 for raw take-home pay and #27 for cost-adjusted purchasing power at $100,000. The 25-place gap between the two reflects an above-average cost of living that erodes what the take-home actually buys. The best state (Alaska) leaves $79,125; the worst (Oregon) leaves $70,932. Florida is $0 behind the leader.

Florida Tax Questions, Answered

Compare Florida with Other South States

Salary Guides for Florida

Specific Salaries in Florida