Taxes in Miami
Florida's headline tax advantage -- no state income tax -- applies fully in Miami, but it should be weighed against Miami's unusually high property insurance and cost-of-living burden, which for many households offsets a meaningful share of the income-tax savings. This page covers state and local tax structure broadly; see property-taxes for the property-tax specifics.
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Learn moreNo State Income Tax
Florida has no state individual income tax, which applies to wages, retirement income, and capital gains alike -- this is a statewide fact, not something specific to Miami, but it's a genuine and often-cited draw for people relocating from higher-tax states.
Sales Tax
The combined sales tax rate in Miami-Dade County is 7% as of 2026 -- 6% Florida state sales tax plus 1% Miami-Dade County surtax, per Avalara's 2026 rate tables. Some specific districts or transaction types can carry additional surtaxes, so the 7% figure is a baseline, not universal.
Property Taxes
Miami-Dade property taxes are covered in full on the property-taxes topic page -- in short, effective rates run in a roughly 1.5-2% range depending on homestead status and measurement method, and Miami-Dade is frequently cited as Florida's highest property-tax county in dollar terms due to high property values.
The Real Tradeoff Is Insurance, Not Just Taxes
For many households, Florida's no-income-tax advantage is at least partly offset by Miami's homeowners and flood insurance costs, which run several multiples of the national average (see homeowners-insurance). Anyone comparing total cost of living against a state with income tax should model insurance and property tax together, not income tax savings in isolation.
Key takeaways
- Florida has no state income tax, applying to wages, retirement income, and capital gains -- a real and statewide, not Miami-specific, advantage.
- Miami-Dade's combined sales tax rate is 7% (6% state + 1% county) as of 2026.
- Property tax specifics live on the property-taxes topic page; effective rates run roughly 1.5-2% depending on homestead status.
- The no-income-tax advantage is meaningfully offset for many households by Miami's unusually high insurance costs -- model both together, not income tax alone.
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