New York → Florida
How much could you save by moving from New York (4% – 10.9%) to Florida (no income tax)? See the full tax comparison below.
Tax Savings by Income Level
| Income | New York Total Tax | Florida Total Tax | Annual Savings |
|---|---|---|---|
| $75,000 | $16,939 | $13,687 | Save $3,252 |
| $100,000 | $25,828 | $21,099 | Save $4,729 |
| $150,000 | $44,396 | $36,542 | Save $7,854 |
| $200,000 | $61,865 | $50,885 | Save $10,979 |
Based on single filer, standard deduction, 2025 tax year. Includes federal income tax, state income tax, and FICA.
Why the difference
You'd save $4,729/year ($394/month) in Florida vs New York.
Tax structure
New York uses progressive brackets up to 10.9%, while Florida has no state income tax.
Effective rate at your income
At $100,000, Florida's effective state rate is 0.0% vs 4.7% in New York — a 4.7 percentage point gap.
New York local taxes
New York City residents pay an additional 3.1-3.9% city income tax on top of state tax.
Tip: If you work in NYC, the city income tax significantly increases your burden. Living outside the city (e.g., New Jersey, Connecticut, or Westchester) can save 3-4% on city tax, but commuter taxes and higher property taxes may partially offset the savings.
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 New York → Florida comparison.
Understanding Each State
New York
New York's state income tax has progressive brackets reaching 10.9%. New York City residents pay an additional city income tax of 3.078-3.876%, making the combined state+city marginal rate up to 14.776% — the highest combined rate in the nation. The Yonkers surcharge adds another 16.75% of state tax for Yonkers residents.
Tip: If you work in NYC, the city income tax significantly increases your burden. Living outside the city (e.g., New Jersey, Connecticut, or Westchester) can save 3-4% on city tax, but commuter taxes and higher property taxes may partially offset the savings.
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 New York to Florida?
At $100,000 income (single filer), you could save $4,729.38 per year in combined taxes by moving from New York to Florida. The actual savings depend on your income, filing status, and whether you own property.
Do I have to file taxes in New York if I move to Florida?
If you move mid-year, you may need to file a part-year resident return in New York 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.