What Could You Save in Taxes by Retiring to Florida?
Pick your state and income range for a quick, honest estimate of your annual savings — no state income tax, plus lower property taxes on a comparable home.
Conservative estimate for illustration only — not tax advice. Confirm with a CPA.
Estimate Your Florida Tax Savings
A quick, conservative estimate — then get your personalized breakdown.
Estimates only, for illustration — not tax advice. Figures are conservative ranges and depend on your income, home, and timing. Confirm your situation with a qualified CPA.
Where the Savings Come From
No state income tax
Florida is one of nine states with zero state income tax — a meaningful difference for many retirement budgets.
Lower property taxes
With the Homestead Exemption and the 3% “Save Our Homes” cap, a comparable Florida home often costs far less to hold.
A 2026 amendment to watch
HJR 1-F could raise the homestead exemption to $250K by 2028 — pending 60% voter approval. We factor today's rules and treat that as upside.
This tool gives a conservative, illustrative estimate — your actual savings depend on your income, your home, and when you establish residency. It is not tax advice. Always confirm your situation with a qualified CPA before making decisions.