Taxes in Florida

Each state’s tax code is a multifaceted system with many moving parts, and Florida is no exception. The first step towards understanding Florida’s tax code is knowing the basics.

How does Florida rank?  Below, we have highlighted a number of tax rates, ranks, and measures detailing Florida’s income tax, business tax, sales tax, and property tax systems. Click the tabs below to explore!

Top Individual Income Tax Rate

Does Not Have an Individual Income Tax

See Full Study

State and Local Individual Income Tax Collections per Capita

$0

Click for a comparative tax map!

State and Local Tax Burden

8.9%

Click for a comparative tax map!
See Full Study

Top Corporate Income Tax Rate

4.50%

See Full Study

State Business Tax Climate Index Ranking

4

See Full Study

State Sales Tax Rate

6.00%

Click for a comparative tax map!
See Full Study

Average Local Sales Tax Rate

1.05%

See Full Study

Combined State and Average Local Sales Tax Rate

7.05%

Click for a comparative tax map!
See Full Study

State and Local General Sales Tax Collections per Capita

$1388

Click for a comparative tax map!

State Gasoline Tax Rate (cents per gallon)

42.29¢

Click for a comparative tax map!

State Cigarette Tax Rate (dollars per 20-pack)

$1.339

Click for a comparative tax map!

Property Taxes Paid as a Percentage of Owner-Occupied Housing Value

0.94%

Click for a comparative tax map!

State and Local Property Tax Collections Per Capita

$1330

Click for a comparative tax map!

Featured Articles

Where Do People Pay the Most in Property Taxes?

September 1, 2021

Reviewing Benefits of the State and Local Tax Deduction by County in 2018

August 25, 2021

Sales Tax Rates in Major Cities, Midyear 2021

August 18, 2021

State Tax Changes Taking Effect July 1, 2021

June 29, 2021

How Well-Funded Are Pension Plans in Your State?

June 2, 2021

Biden Administration Changes to GILTI and FDII Will Yield Automatic State Tax Increases

May 25, 2021


Related Articles

Florida Lawmakers Should Provide Certainty Around the State’s Corporate Income Tax Rate Reduction

October 1, 2021

Where Do People Pay the Most in Property Taxes?

September 1, 2021

Reviewing Benefits of the State and Local Tax Deduction by County in 2018

August 25, 2021

Sales Tax Rates in Major Cities, Midyear 2021

August 18, 2021

Compare Tobacco Tax Data in Your State

July 22, 2021

Cutting the Cord from Cable Has States Courting New Revenue Streams

July 19, 2021

State Tax Changes Taking Effect July 1, 2021

June 29, 2021

States Continue to Bet on Sports

June 17, 2021

What Are the Chances Your State Withholds Much of Your Lottery Winnings?

June 9, 2021

How Well-Funded Are Pension Plans in Your State?

June 2, 2021

Biden Administration Changes to GILTI and FDII Will Yield Automatic State Tax Increases

May 25, 2021

Location Matters 2021: The State Tax Costs of Doing Business

May 5, 2021

Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provision

April 21, 2021

State Conformity to Federal Pandemic-Related Tax Provisions in CARES and ARPA

April 1, 2021

State and Local Tax Burdens, Calendar Year 2019

March 18, 2021

Facts and Figures 2021: How Does Your State Compare?

March 10, 2021

State Aid in American Rescue Plan Act Is 116 Times States’ Revenue Losses

March 3, 2021

Renewed Calls for Severance Taxes on Bottled Spring Water

March 1, 2021

Which States Are Taxing Forgiven PPP Loans?

February 22, 2021

State Individual Income Tax Rates and Brackets for 2021

February 17, 2021