Florida Tax Guide 2025
Explore Florida's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Florida compares nationwide.


Kelley R. Taylor
Navigating the complexities of state taxes can be daunting, but understanding Florida's tax landscape is essential for residents and newcomers alike.
In this guide, we'll explore key components of The Sunshine State's tax system, from income and sales taxes to property taxes and retirement benefits.
Florida tax: Overview
Florida is often considered a top destination for retirees, but adults of all ages can enjoy the fact that Florida is one of nine states that don't have a state personal income tax.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Florida property rates are relatively low compared to the national average, and a Florida tax relief bill passed last year allows Floridians to enjoy many items tax-free.
More than 66% of Floridian voters approved a ballot measure aimed at increasing their property tax break. Amendment 5 would tie the state’s homestead exemption to the annual national inflation rate.
Currently, Florida homeowners can get a property tax break of up to $50,000 of their home’s assessed value. By tying the homestead exemption to the nation’s Consumer Price Index (CPI), if inflation goes up annually — so does your exemption.
For more information, see Florida Changes Homestead Exemption Property Tax Break.
[Data for this state tax guide was gathered from several sources including the U.S. Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Florida income tax
Florida is one of the nine states with no income tax. You won't pay state tax on wages, retirement income or investment income.
Florida retirement taxes
There is no personal income tax in Florida. The state won’t tax your pension or any other type of retirement income. There are no estate or inheritance taxes either.
- Income Tax on Taxable Income: N/A
- Social Security: Not taxable
- Pensions: Not taxable
- 401(k) and IRA Distributions: Not taxable
Florida sales tax
Florida has a 6% statewide sales tax. Localities can add as much as 2%, and the average combined rate is 6.98%, according to the Tax Foundation.
- Groceries: Exempt
- Prescription drugs: Exempt
- Diapers: Exempt
- Some feminine products: Exempt
How much is Florida property tax?
In Florida, the average effective property tax rate is 0.74%, according to the Tax Foundation.
Florida Property Tax Breaks for Retirees
Additional Homestead Exemption: Florida residents ages 65 and older who meet certain criteria can receive an extra homestead exemption from some city and county governments.
Homeowners must apply to receive an additional homestead exemption.
(Note: Income limitations for the additional homestead exemption are adjusted annually.)
Florida gas tax
Gasoline | $0.04 per gallon |
Diesel | $0.04 per gallon |
Florida taxes on alcohol and tobacco
Product | Tax amount |
---|---|
Cigarettes | $1.34 per pack |
Other tobacco products | 85% of wholesale price |
Medical marijuana | 0% |
Source: Sales Tax Handbook
Product | Tax amount |
---|---|
Wine | $2.25 per gallon |
Sparkling Wine | $3.50 per gallon |
Beer | $0.48 per gallon |
Liquor | $6.50 per gallon |
Source: Sales Tax Handbook
Florida estate and inheritance taxes
Florida is one of the states with no estate or inheritance taxes.
Related Content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Katelyn has more than 6 years of experience working in tax and finance. While she specialized in tax content while working at Kiplinger from 2023 to 2024, Katelyn has also written for digital publications on topics including insurance, retirement, and financial planning and had financial advice commissioned by national print publications. She believes knowledge is the key to success and enjoys providing content that educates and informs.
- Kelley R. TaylorSenior Tax Editor, Kiplinger.com
-
How Apple’s Tariff Strategy Could Affect Your Next iPhone Upgrade
Apple’s $100 billion US expansion could shift iPhone assembly stateside — impacting pricing, availability and your next upgrade decision.
-
Your Retirement Side Hustle Starter Kit: The Essential Tools and Apps You Need
Check out seven awesome tools and apps to jumpstart your retirement side hustle with confidence.
-
Texas Sales Tax-Free Weekend 2025
Tax Holiday What you need to know about the Texas sales tax holiday.
-
Four Tax Changes Those Over 65 and Retirees Should Watch in 2025
Tax Changes This year brings key tax changes that could affect your retirement taxes and income.
-
The Most Tax-Friendly State for Retirement in 2025: Here It Is
Retirement Tax How do you retire ‘tax-free’? This state doesn’t tax retirement income, has a low median property tax bill, and even offers savings on gas. Are you ready for a move?
-
Virginia Tax-Free Weekend 2025 Is Here August 1–3: What to Know
Sales Tax Three days, no sales tax. Here’s what qualifies for Virginia’s tax-free weekend.
-
Virginia Sales Tax Holiday 2025
Sales Tax Three days, no sales tax. Here’s what qualifies for Virginia’s tax-free weekend.
-
Georgia Could Be Latest State to Eliminate Income Taxes
State Tax Eliminating the Georgia state income tax: Last-minute summer trend or permanent policy?
-
Biggest Winners and Losers in Trump's New Tax Plan
Tax Law Trump’s mega tax overhaul, known as the ‘One Big Beautiful Bill,’ has distinct winners and losers. Which group do you fall into?
-
Trump Calls for Cane Sugar Coke: Will You Pay Higher Prices and Soda Tax?
Food Taxes The debate over cane sugar vs. corn syrup is heating up, raising questions about cost, policy, and, in some cases, soda taxes.