Does Florida have lower taxes than New York?

On wages alone, Florida is lower (0.00% vs 6.85%). Use the calculator above to compare your specific situation.

Which state has the lowest overall tax burden?

Among the 50 states, Alaska, Wyoming, South Dakota, Florida, Tennessee, Texas, Nevada, Washington, and New Hampshire consistently rank lowest because they have no broad personal income tax. Property and sales taxes can still be material — Texas, for example, has high property tax.

Does New York tax retirement income differently than Florida?

Yes — retirement treatment varies. Some states fully exempt Social Security, pensions, or both. See each state's guide for current rules.

Does moving partway through the year split my taxes?

Yes. You will file part-year resident returns in both states. Most states tax income earned while a resident plus state-sourced income while a non-resident.

How accurate is this comparison?

It uses 2026 IRS federal brackets and each state's average effective rate. Local income taxes, special surtaxes, and personal credits can shift the result by several thousand dollars.

Are property and sales tax included in the calculator?

The calculator focuses on income and capital-gains tax. Use the property tax calculator and the sales-tax rows above for those components.

New York vs Florida Taxes (2026)

Side-by-side comparison of income tax, property tax, sales tax, capital gains, and retirement treatment between New York and Florida for tax year 2026. Use the calculator below to estimate how much you would save (or pay) after relocating.

Tax	New York	Florida
State income tax (effective)	6.85%	None
Long-term capital gains	6.85%	None (federal only)
Property tax (effective)	1.40%	0.89%
Combined sales tax	8.53%	7.00%
Retirement income	partial-exempt	no-tax
Income system	progressive	none

Tax savings calculator

Filing status

Annual income

Pre-tax retirement

Long-term capital gains

Estimated 2026 burden

New York total tax

$22,145

Florida total tax

$15,370

New York state tax

$6,775

Florida state tax

Difference

−$6,775

Florida saves you money

As % of income

5.65%

Federal tax is identical in both columns and excluded from the difference. Numbers use 2026 IRS brackets, state effective rates, and the 3.8% NIIT where applicable.

Relocation analysis

Moving from New York to Florida could save about $6,775 per year on this profile — roughly 5.65% of gross income.

Property tax difference on a $400k home: $2,040/yr.
Sales tax difference on $50k of taxable spending: $765/yr.
Capital gains difference per $10k gain: $685.

Key differences

New York: Top 10.9% bracket + NYC up to 3.876%; 7.25% corporate.
Florida: No personal income tax; 5.5% corporate rate; popular for relocation.
Income system: New York is progressive, Florida is none.
Retirement: New York — partial exempt; Florida — no tax.

Recommended Tax Filing Software

Once you know what you owe, file with software built for your situation. We compare the top U.S. options below.

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Comparison FAQs

It depends on income mix. Florida has an effective income rate of 0% vs New York's 6.85%. Property tax (1.40% vs 0.89%) and sales tax can swing the answer.

Related resources

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