Florida has no tax on wage income, the 25th lowest combined sales tax (6.98%) and a $14.00 minimum wage as of 2026.
$5,708 a year: that is roughly what a Florida homeowner earning $75,000 pays in state income tax ($0), sales tax on $25,000 of purchases ($1,745), property tax on a $300,000 house ($2,340) and electricity at 900 kWh a month ($1,623).
Florida does not tax wages. No individual income tax on wages or salaries. A worker earning $50,000 or $100,000 owes federal income tax and FICA but no Florida income tax. Source: Tax Foundation, rates as of January 1, 2026.
Estimated 2026 take-home pay for a single filer with no pre-tax deductions, using the federal brackets and $16,100 standard deduction, Social Security and Medicare, and Florida's brackets above. Open the paycheck calculator set to Florida to add a 401(k), change pay frequency or filing status.
| Salary | Federal tax | FICA | State tax | Take-home (year) | Per biweekly check |
|---|---|---|---|---|---|
| $50,000 | $3,820 | $3,825 | $0 | $42,355 | $1,629 |
| $75,000 | $7,670 | $5,738 | $0 | $61,592 | $2,369 |
| $100,000 | $13,170 | $7,650 | $0 | $79,180 | $3,045 |
The state rate is 6.00% and local governments add 0.98% on average, for a combined 6.98%, 25th lowest of the 50 states and D.C. (median 7.00%). A $1,000 purchase carries about $70 in sales tax at the average combined rate. Source: Tax Foundation, July 1, 2026.
The Florida minimum wage is $14.00 an hour, 20th highest in the country, or $29,120 a year for full-time work, $14,040 more than the federal $7.25. Source: U.S. Department of Labor, July 1, 2026.
Homeowners in Florida paid property taxes equal to 0.78% of home value on average, the 25th lowest effective rate (median state 0.79%). On a $300,000 home that is about $2,340 a year, or $195 a month in escrow. Source: Tax Foundation (Census ACS data), 2024 data.
Residential electricity averaged 15.03¢ per kWh in July 2026, the 15th lowest of the 50 states and D.C. (median 16.09¢). A household using 900 kWh a month would pay about $135 before fixed charges. Source: U.S. EIA, July 2026 data.
Among the 2 states it borders, Florida has the lowest combined sales tax of its neighbors (6.98%), the lowest top income tax rate of its neighbors (0%), the highest minimum wage of its neighbors ($14.00) and the lowest electricity price of its neighbors (15.03¢).
| State | Top income tax | Sales tax | Min. wage | Property tax | Electricity |
|---|---|---|---|---|---|
| Florida | None | 6.98% | $14.00 | 0.78% | 15.03¢ |
| Alabama | 5% | 9.46% | $7.25 | 0.37% | 16.40¢ |
| Georgia | 5.19% | 7.56% | $7.25 | 0.79% | 16.27¢ |
Florida figures use statewide averages and skip credits, exemptions and local income taxes; check Florida revenue and labor department sites before filing or hiring.