Florida Paycheck Calculator 2025

Calculate your exact take-home pay in Florida with our free paycheck calculator. Florida is one of nine states with no state income tax, making it an attractive destination for workers seeking to maximize take-home pay. Combined with no personal income tax on wages, interest, dividends, or capital gains, Florida offers substantial financial advantages for residents at all income levels.

Why Florida Has No Income Tax

Florida generates state revenue through sales taxes (6% state rate plus up to 2% local), tourism taxes, business taxes, and property taxes instead of taxing personal income. The Florida Constitution Article VII Section 5 prohibits personal income tax, making it very unlikely Florida will ever implement income tax. This constitutional protection provides certainty for residents and businesses considering relocation to Florida.

Florida Take-Home Pay Examples

With no state income tax, Florida residents keep significantly more of their earnings. For a single filer with standard deductions: A $70,000 salary results in approximately $54,600 annual take-home pay (78%), compared to $51,200 (73%) in California, saving $3,400 annually. A $100,000 salary nets approximately $79,150 (79%) versus $71,150 (71%) in California, saving $8,000 annually. A $150,000 salary produces approximately $113,225 (75%) take-home pay versus $98,000 (65%) in California, saving $15,225 annually.

Cost of Living Considerations

Florida's cost of living varies significantly by region. While Miami and South Florida have costs 15-20% above national average, many other Florida cities including Jacksonville, Tampa, and Orlando are at or below national average. Housing costs in most Florida markets remain substantially lower than high-tax states like California and New York. The lack of state income tax combined with moderate cost of living makes Florida particularly attractive for retirees and remote workers.

Additional Florida Tax Benefits

Beyond no income tax, Florida offers no estate tax or inheritance tax, making it attractive for wealth preservation and estate planning. Social Security benefits are not taxed by Florida. Retirement account distributions face no state tax. These factors make Florida especially popular for retirees seeking to maximize their retirement income and preserve wealth for heirs.