Florida vs Connecticut Taxes: Income, Property & Sales

Does Florida or Connecticut have lower taxes? We answer that in a variety of ways below:

Florida vs Connecticut Income Tax Comparison

	Florida	Connecticut
Income Tax Rates & Thresholds	None	3.00%: $0-$10,000 5.00%: $10,000-$50,000 5.50%: $50,001-$100,000 6.00%: $100,001-$200,000 6.50%: $200,001-$250,000 6.90%: $250,001-$500,000 6.99%: $500,001+
Median Income	$65,370	$90,730
Income Tax Paid On Median Household Income	$7,149	$16,444
Income After Tax Based on Median Household Income	$58,221	$74,286

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Florida vs Connecticut Property Tax Comparison

	Florida	Connecticut
Average Property Tax Rate	0.67%	1.57%
Average House Price By State	$406,896	$401,285
Average Property Tax Owed Per Year	$2,726	$6,300
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,495	$67,986

Florida vs Connecticut Sales Tax Comparison

	Florida	Connecticut
Average State Sales Tax	6.00%	6.35%
Average Local Sales Tax Across the State	1.01%	0.00%
Average Combined Sales Tax Rate	7.01%	6.35%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,635	$4,059
Maximum Disposable Income Based on Median Household Income	$51,859	$63,926

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Florida	Connecticut
Income Tax Owed	$3,040	$4,090
After Tax Income	$36,960	$35,910
Income After Income & Property Tax	$34,234	$29,610
Maximum Disposable Income After Income, Property & Sales Taxes	$31,991	$27,842

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Florida	Connecticut
Income Tax Owed	$5,968	$8,018
After Tax Income	$54,032	$51,982
Income After Income & Property Tax	$51,306	$45,682
Maximum Disposable Income After Income, Property & Sales Taxes	$47,945	$42,954

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Florida	Connecticut
Income Tax Owed	$10,368	$13,493
After Tax Income	$69,632	$66,507
Income After Income & Property Tax	$66,906	$60,207
Maximum Disposable Income After Income, Property & Sales Taxes	$62,523	$56,612

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Florida	Connecticut
Income Tax Owed	$14,768	$18,993
After Tax Income	$85,232	$81,007
Income After Income & Property Tax	$82,506	$74,707
Maximum Disposable Income After Income, Property & Sales Taxes	$77,101	$70,246

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Florida	Connecticut
Income Tax Owed	$8,481	$11,881
After Tax Income	$91,519	$88,119
Income After Income & Property Tax	$88,793	$81,819
Maximum Disposable Income After Income, Property & Sales Taxes	$82,976	$76,934

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Florida	Connecticut
Income Tax Owed	$18,536	$24,566
After Tax Income	$131,464	$125,434
Income After Income & Property Tax	$128,738	$119,134
Maximum Disposable Income After Income, Property & Sales Taxes	$120,304	$112,021

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Florida	Connecticut
Income Tax Owed	$29,536	$38,316
After Tax Income	$170,464	$161,684
Income After Income & Property Tax	$167,738	$155,384
Maximum Disposable Income After Income, Property & Sales Taxes	$156,750	$146,106

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Florida	Connecticut
Income Tax Owed	$41,455	$53,115
After Tax Income	$208,545	$196,885
Income After Income & Property Tax	$205,819	$190,585
Maximum Disposable Income After Income, Property & Sales Taxes	$192,336	$179,205

FAQ

Does Florida or Connecticut have lower income taxes?

Florida’s income tax falls into the following range: None

Whereas Connecticut’s income tax is the following

• 3.00%: $0-$10,000
• 5.00%: $10,000-$50,000
• 5.50%: $50,001-$100,000
• 6.00%: $100,001-$200,000
• 6.50%: $200,001-$250,000
• 6.90%: $250,001-$500,000
• 6.99%: $500,001+

Does Florida or Connecticut have lower property taxes?

Florida has an average property tax rate of 0.67%

In comparison, Connecticut has an average property tax rate of 1.57%

Does Florida or Connecticut have lower sales taxes?

Florida has a state sales tax rate of 6.00% and an average local rate of 1.01% for a combined total rate of 7.01%.

In contrast, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.

Do you get to keep more money in Florida or Connecticut?

Based on median household income after income, property and sales taxes Florida gives you a maximum amount of disposable income of $51,859

In comparison, Connecticut gives you $63,926.

More Comparisons:

Florida vs Utah
Florida vs Iowa
Florida vs Nevada
Florida vs Arkansas
Florida vs Mississippi

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/