How Much Tax Is Taken Out of a Paycheck in Florida (2026)?

What is deducted from a Florida paycheck

• Federal income tax withholding, based on your W-4 and 2026 brackets after the $16,100 single standard deduction.
• Social Security: 6.2% up to the 2026 wage base of $184,500.
• Medicare: 1.45% of all wages, plus 0.9% on wages above $200,000.
• State income tax: $0. No city or county income taxes exist anywhere in Florida.
• Optional: retirement plan contributions, health/dental premiums, HSA, FSA.

Florida take-home pay by salary (single, 2026)

Figures assume the standard deduction and no pre-tax deductions. A married couple filing jointly on the same income would pay noticeably less federal tax because of the $32,200 standard deduction and wider brackets.

Worked example: $60,000 in Tampa vs. New York

In Tampa, $60,000 − $16,100 = $43,900 taxable. Federal tax is $1,240 + 12% × $31,500 = $5,020, and FICA is $4,590. Take-home is $50,390.

The same worker living in New York City would also pay about $2,643 in New York State tax, $1,891 in NYC tax and about $290 in SDI and Paid Family Leave. They'd take home about $45,566, roughly $4,800 less per year.

Taxes Florida does charge

Sales tax: the state rate is 6%, and counties add a discretionary surtax of up to 2%. Tax Foundation puts the average combined rate at 6.98% (July 2026). Groceries and prescription drugs are exempt.

Property tax: homesteaded homes get up to a $50,000 exemption (the second $25,000 doesn't apply to school taxes), and the Save Our Homes cap limits annual assessment increases to 3% or inflation, whichever is less. On November 3, 2026, voters will decide on a constitutional amendment (HJR 1F) that would raise the non-school homestead exemption to $150,000 in 2027 and $250,000 in 2028, and lower the cap on non-homestead assessment growth from 10% to 5%. It needs 60% approval.

Other: Florida taxes corporate income, plus documentary stamp taxes on deeds and mortgages and tourist development taxes on short-term lodging. Homeowners insurance isn't a tax, but it's a large part of the cost of living in Florida.

Moving to Florida: what to know

• To stop owing your old state's income tax, change your domicile: get a Florida driver's license, register to vote, file a declaration of domicile and claim the homestead exemption.
• States like New York audit high earners who move to Florida, so keep records of the days you spend in each state.
• Income from a business or rental property in your old state may still be taxed there.

Florida minimum wage reached $15 on September 30, 2026

Florida's minimum wage is set by Article X, Section 24 of the state constitution, as amended by voters in 2020. It rose by $1 each September 30 from $10.00 in 2021 until it reached $15.00 an hour on September 30, 2026. After that it is indexed to inflation (CPI-W): the state calculates the first adjusted rate on September 30, 2027, and each adjusted rate takes effect the following January 1, so the next increase is due on January 1, 2028.

Tipped employees can be paid less in cash wages because employers may count tips up to the federal tip credit allowed in 2003, which was $3.02. With a $15.00 minimum, the tipped cash wage is $11.98 an hour, and tips must make up the rest. A full-time worker at $15.00 earns $31,200 a year. As a single filer, they keep about $27,249 after $1,564 of federal income tax and $2,387 of FICA.

Florida take-home pay for families

With no state income tax, Florida families see their biggest paycheck differences from federal filing status and the $2,200 child tax credit. These 2026 figures assume wages only and the standard deduction.

Payroll taxes your Florida employer pays, not you

Florida's reemployment tax, the state's name for unemployment insurance tax, is paid only by employers and is never deducted from your wages. It applies to the first $7,000 of each employee's wages in a calendar year. New employers start at a 2.7% rate, so the most a new employer pays per worker is $189 a year. Employers also pay federal unemployment tax and their matching 7.65% FICA.

If you are laid off, reemployment assistance benefits are paid from that fund. They are not subject to Florida income tax, but they are taxable on your federal return. You can choose to have 10% federal tax withheld from benefits to avoid a bill at filing.

Retiring in Florida: what isn't taxed

• Social Security, pensions, IRA and 401(k) withdrawals are all free of state income tax, because Florida has no personal income tax.
• Homesteaded retirees get the Save Our Homes cap, which limits yearly increases in a home's assessed value to 3% or inflation, whichever is lower. Many counties offer extra exemptions for low-income seniors.
• Federal tax still applies. Up to 85% of Social Security can be federally taxable, and the extra $6,000 senior deduction for people 65 and older (2025 to 2028) offsets part of it.