The short answer: no
Florida has no personal income tax. Florida residents don't pay state tax on wages, Social Security, pensions, IRA and 401(k) withdrawals, interest, dividends or capital gains, including the gain on selling a home. You still pay federal income tax like everyone else.
It isn't just policy. Article VII, Section 5 of the Florida Constitution says no tax "upon the income of natural persons who are residents or citizens of the state shall be levied by the state" beyond what can be credited against a similar federal tax. Since no such federal credit exists, Florida can't have an income tax without amending the constitution, which takes a 60% vote of the people.
Florida also has no estate tax and no inheritance tax. The same section only allowed a "pick-up" tax equal to an old federal credit for state death taxes, and that credit disappeared in 2005.
What Florida taxes instead
| Tax | Rate | Who pays |
|---|---|---|
| Sales and use tax | 6% state, plus a county surtax (about 7% combined on average) | Everyone, including tourists |
| Property tax | Set locally; county averages from about 8 to 22 mills | Property owners |
| Documentary stamp tax on deeds | 70¢ per $100 of price (60¢ in Miami-Dade) | Usually the seller |
| Corporate income tax | 5.5%, first $50,000 exempt | C corporations only |
Tourism matters a lot here. Visitors pay a big share of Florida's sales tax and tourist development taxes, which is part of why Floridians pay less in total state and local taxes per person than residents of most states, about $5,141 a year, the 44th highest in the country.
Florida's property taxes
Property tax is the main tax most Florida homeowners notice. The median Florida homeowner paid $2,993 in 2024, slightly below the national median of $3,211, on a median home value of $396,900. The rate varies a lot by county: in 2025 the average total millage ranged from 9.82 in Collier County to 21.56 in St. Lucie County. See our Florida property tax rates by county.
Two protections keep long-time homeowners' bills down:
- The homestead exemption removes up to $50,722 of assessed value for 2025 ($51,411 for 2026). Apply by March 1. See the homestead exemption guide.
- Save Our Homes caps the yearly increase in a homestead's assessed value at 3% or inflation, whichever is less, and you can carry the savings to a new Florida home. See portability.
If voters approve Amendment 3 on November 3, 2026, the homestead exemption for non-school taxes would grow to up to $250,000 by 2028.
The catch: newcomers pay more. Because Save Our Homes resets when a home is sold, a buyer pays tax on close to the full market value while the neighbor who bought in 2005 may pay a fraction of that.
Making Florida your legal home
If you're moving from a state with an income tax, especially New York, New Jersey, California or Illinois, the old state may still try to tax you if it thinks you never really left. To establish Florida domicile:
- File a Declaration of Domicile with the clerk of the circuit court in your Florida county. It's a sworn statement under Florida Statutes § 222.17 that Florida is your permanent home.
- Claim the homestead exemption on your Florida home.
- Get a Florida driver's license, register your car and register to vote in Florida.
- Move the things that show where you live: your doctors, your bank, your mailing address, your important papers.
If you keep a home in your old state, it may still tax your income from sources there, and it may have an estate tax that reaches the house. See estate taxes by state.
Florida vs. other no-income-tax states
Florida is one of nine states with no tax on wages in 2026. Compared with the others, its property taxes are moderate: below Texas and New Hampshire, above Tennessee and Nevada. See all nine in states with no income tax, and how Florida compares with Texas.
Sources
Florida Constitution Article VII, Section 5; Florida Department of Revenue pages on corporate income tax and documentary stamp tax; Florida Statutes § 222.17 (declaration of domicile). Property tax figures are from the U.S. Census Bureau's 2024 American Community Survey (tables B25103 and B25077) and the Florida Department of Revenue's 2025 millage data. Combined sales tax and per-capita tax figures are Census data as compiled by the Tax Foundation. This is general information, not tax advice.