The typical Floridian is taxed at a rate of 0.97% for property, nothing for income and up to 6.00% for sales. Compared to the national averages Florida earns a score of average for property taxes, good 👍 for income taxes and average for combined local and state sales tax. Quick links to regions of Florida with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Florida
Florida has approximately 20,656,589 residents. A common term for people in Florida is "Floridian". Within this population there are around 225,447 births and 203,428 deaths per year. Approximately 63.3% of this population speaks English exclusively. Conversely, 0.5% of this population has no verbal English skill. On average, real estate listings in Florida are on the market for 89 days. The Market Health Index for Florida is 8.04. Saint Johns is the wealthiest of all counties in Florida. The least wealthy of all counties in Florida is Levy.
Daily state facts: Florida does not tax personal income. Florida has been ranked in the top five for state-wide fiscal solvency by George Mason's Mercatus Center. This ranking is based on measures of cash, budget, long-term and trust fund solvency.
According to the Bureau of Labor Statistics, Florida employment in February 2024 was 11,089,148, unemployment was 345,211 or 3.1% of total jobs.
