Florida Taxes: What Floridians Pay, What They Don’t, & Why Property Taxes Are High

Florida’s property taxes have surged due to rising home values and the lack of a state income tax. Cities like Jacksonville, Tampa, and Miami have seen property tax bills increase by over 50% since 2019. In response, voters approved a measure linking some tax exemptions to inflation to ease the burden. While Florida remains tax-friendly, rising property costs are an increasing concern for residents. For more infrmation click here.