Relocation guide
Relocating to Florida
Florida has no personal income tax and a homestead system that caps how fast your property assessment can rise — a powerful combination for families and businesses leaving California, New York, and Illinois.
0% — no state personal income tax on wages or investment income. Figures are estimates that vary by county and situation — not tax advice.
Why people move to Florida
No state income tax
Florida levies no personal income tax — wages, salaries, and investment income are not taxed at the state level.
Save Our Homes cap
Once you homestead a primary residence, annual assessment increases are capped at 3% (or CPI, whichever is lower), keeping property taxes predictable as values rise.
$50k homestead exemption
Primary residences qualify for up to a $50,000 homestead exemption, lowering taxable value before the rate applies.
No estate or inheritance tax
Florida imposes neither — a major draw for retirees and wealth planning.
Watch home insurance
Florida's hurricane exposure makes homeowners' insurance among the highest in the nation — budget for it alongside the tax savings.
Housing in Florida's major metros
Approximate median price per square foot. See what your budget buys vs. your current city.
Typical annual living costs in Florida
Rough averages that vary by usage, climate, age, and coverage — compare two states side by side in the calculators.
Florida relocation FAQ
Does Florida have a state income tax?
No. Florida is one of nine states with no personal income tax.
What is Save Our Homes?
A constitutional cap that limits annual increases in the assessed value of a homesteaded primary residence to 3% or the change in CPI, whichever is lower.
Is Florida property tax high?
Florida's effective property-tax rate is near the national average (~0.82%), and the homestead exemption plus the Save Our Homes cap reduce the burden on primary residences.
See your numbers for Florida
Estimate your income- and property-tax savings over 30 years, then talk to us about handling the move and the IT setup so you're running on day one.