How Much Will You Save Moving to Miami?
Florida has no state income tax. See your personalized savings based on where you're moving from.
$
Your Annual Tax Savings
$21,800
in state & city income tax you keep
Tax Savings
$21,800
10.9% state + 3.9% city → 0%
5-Year Total
$109,000
cumulative tax savings
Housing Cost
-35%
Miami vs New York City
| New York City | Miami, FL | |
|---|---|---|
| State Income Tax | 10.9% | 0% |
| City Income Tax | 3.9% | 0% |
| Effective Rate | 14.8% | 0% |
| Annual State/City Tax | $29,600 | $0 |
| Median Home Price | $750,000 | $580,000 |
Ready to Make the Move?
Connect with a top South Florida agent who specializes in relocations. Get neighborhood recommendations based on your budget and lifestyle.
Monthly brief
Not ready to start your search?
Tell us what you're watching. Once a month, we'll send a short market brief on the neighborhoods and buildings you're tracking. No spam.
Popular Luxury Neighborhoods
South of Fifth
Miami's most exclusive zip code
Coral Gables
The City Beautiful — estates from $1.5M
Key Biscayne
Private island living
Coconut Grove
Miami's oldest, most charming enclave
Bal Harbour
Oceanfront luxury + world-class shopping
Star Island
Only 35 homes — celebrity enclave
Pinecrest
Top schools, sprawling estates
Fort Lauderdale
165 miles of waterfront canals