Illinois vs Florida Taxes Comparison 2024
Compare Illinois vs Florida taxes: income tax, sales tax, property tax rates. See how much you could save by moving. Interactive calculator + detailed breakdown.
Illinois vs Florida Taxes: Complete Comparison 2024
Compare income tax, sales tax, and property tax rates between Illinois and Florida. Tax refugees + retirees.
Tax Savings Calculator
Enter your details to see how much you'd save moving from Illinois to Florida:
Tax Rate Comparison Table
| Tax Type | Illinois | Florida |
|---|---|---|
| State Income Tax | 4.95% | 0% |
| State Sales Tax | 6.25% | 6% |
| Avg Property Tax Rate | 2.08% | 0.83% |
Key Differences
- Income Tax: Illinois charges 4.95% income tax. Florida has no state income tax.
- Sales Tax: Illinois has 6.25% base sales tax vs Florida's 6% (local rates may apply).
- Property Tax: Illinois averages 2.08% property tax rate vs Florida's 0.83%.
Frequently Asked Questions
Which state has lower taxes: Illinois or Florida?
It depends on your income and property value. Use the calculator above to see your personalized comparison. Generally, Florida has lower income tax (0%).
How much will I save moving from Illinois to Florida?
Tax savings vary based on income, property value, and spending. For a $100k earner with a $400k home, typical savings range from $5,000-15,000 annually.
Does Florida have state income tax?
No, Florida has no state income tax.