US Tax Tools

Illinois → Florida

How much could you save by moving from Illinois (4.95% flat) to Florida (no income tax)? See the full tax comparison below.

Tax Savings by Income Level

IncomeIllinois Total TaxFlorida Total TaxAnnual Savings
$75,000$16,619$13,687Save $2,933
$100,000$25,269$21,099Save $4,170
$150,000$43,187$36,542Save $6,645
$200,000$60,006$50,885Save $9,120

Based on single filer, standard deduction, 2025 tax year. Includes federal income tax, state income tax, and FICA.

Why the difference

You'd save $4,170/year ($348/month) in Florida vs Illinois.

$4,170

Tax structure

Illinois has a flat 5.0% state income tax, while Florida has no state income tax.

$4,170

Effective rate at your income

At $100,000, Florida's effective state rate is 0.0% vs 4.2% in Illinois — a 4.2 percentage point gap.

Tip: The flat 4.95% rate means your effective state tax rate is close to 4.95% regardless of income — no progressive bracket benefit. Property taxes in Cook County (Chicago) can exceed $6,000-$10,000 on a median-value home.

Tip: No state income tax means your take-home pay is among the highest nationally. Florida does not tax retirement income, Social Security, or investment income at the state level, making it one of the most tax-efficient states for retirees and investors.

Calculate your exact savings →

Enter your income, filing status, and home value for a personalized Illinois → Florida comparison.

Understanding Each State

Illinois

Illinois has a flat income tax rate of 4.95% on all taxable income. While the rate is moderate compared to states like California or New York, Illinois's high property taxes (average ~2.08%, second-highest nationally) significantly increase the total tax burden, particularly for homeowners.

Tip: The flat 4.95% rate means your effective state tax rate is close to 4.95% regardless of income — no progressive bracket benefit. Property taxes in Cook County (Chicago) can exceed $6,000-$10,000 on a median-value home.

Florida

Florida has no state income tax, funded instead by a 6% state sales tax (plus local additions up to 2%) and property taxes. This makes Florida especially attractive for high earners and retirees. Florida's population has grown rapidly, partly driven by tax migration from high-tax states like New York and California.

Tip: No state income tax means your take-home pay is among the highest nationally. Florida does not tax retirement income, Social Security, or investment income at the state level, making it one of the most tax-efficient states for retirees and investors.

Related Resources

Frequently asked questions

How much can I save moving from Illinois to Florida?

At $100,000 income (single filer), you could save $4,170.38 per year in combined taxes by moving from Illinois to Florida. The actual savings depend on your income, filing status, and whether you own property.

Do I have to file taxes in Illinois if I move to Florida?

If you move mid-year, you may need to file a part-year resident return in Illinois and a part-year or full-year return in Florida. Establish your new domicile (driver's license, voter registration, etc.) to clearly document the move date.

What taxes should I compare besides income tax?

Beyond state income tax, compare property tax rates, sales tax, and any special taxes (e.g., estate tax, capital gains surtax). States with no income tax often have higher property or sales taxes that partially offset the savings.

Sources

Related Calculators

Last updated May 1, 2026 Tax year 2025-26

Data sources: IRS (irs.gov), Social Security Administration

This tool is general information only, not financial advice.

Reviewed by USTax Tools Editorial Desk

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