Florida vs Massachusetts Taxes: Income, Property & Sales

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

Florida vs Massachusetts Income Tax Comparison

	Florida	Massachusetts
Income Tax Rates & Thresholds	None	5.00%
Median Income	$65,370	$93,550
Income Tax Paid On Median Household Income	$7,149	$17,806
Income After Tax Based on Median Household Income	$58,221	$75,744

Top Accounting Software:

Florida vs Massachusetts Property Tax Comparison

	Florida	Massachusetts
Average Property Tax Rate	0.67%	0.94%
Average House Price By State	$406,896	$608,542
Average Property Tax Owed Per Year	$2,726	$5,720
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,495	$70,024

Florida vs Massachusetts Sales Tax Comparison

	Florida	Massachusetts
Average State Sales Tax	6.00%	6.25%
Average Local Sales Tax Across the State	1.01%	0.00%
Average Combined Sales Tax Rate	7.01%	6.25%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,635	$4,119
Maximum Disposable Income Based on Median Household Income	$51,859	$65,905

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

	Florida	Massachusetts
Income Tax Owed	$3,040	$4,820
After Tax Income	$36,960	$35,180
Income After Income & Property Tax	$34,234	$29,460
Maximum Disposable Income After Income, Property & Sales Taxes	$31,991	$27,727

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

	Florida	Massachusetts
Income Tax Owed	$5,968	$8,748
After Tax Income	$54,032	$51,252
Income After Income & Property Tax	$51,306	$45,532
Maximum Disposable Income After Income, Property & Sales Taxes	$47,945	$42,853

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

	Florida	Massachusetts
Income Tax Owed	$10,368	$14,148
After Tax Income	$69,632	$65,852
Income After Income & Property Tax	$66,906	$60,132
Maximum Disposable Income After Income, Property & Sales Taxes	$62,523	$56,595

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

	Florida	Massachusetts
Income Tax Owed	$14,768	$19,548
After Tax Income	$85,232	$80,452
Income After Income & Property Tax	$82,506	$74,732
Maximum Disposable Income After Income, Property & Sales Taxes	$77,101	$70,336

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

	Florida	Massachusetts
Income Tax Owed	$8,481	$13,041
After Tax Income	$91,519	$86,959
Income After Income & Property Tax	$88,793	$81,239
Maximum Disposable Income After Income, Property & Sales Taxes	$82,976	$76,460

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

	Florida	Massachusetts
Income Tax Owed	$18,536	$25,596
After Tax Income	$131,464	$124,404
Income After Income & Property Tax	$128,738	$118,684
Maximum Disposable Income After Income, Property & Sales Taxes	$120,304	$111,702

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

	Florida	Massachusetts
Income Tax Owed	$29,536	$39,096
After Tax Income	$170,464	$160,904
Income After Income & Property Tax	$167,738	$155,184
Maximum Disposable Income After Income, Property & Sales Taxes	$156,750	$146,055

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

	Florida	Massachusetts
Income Tax Owed	$41,455	$53,515
After Tax Income	$208,545	$196,485
Income After Income & Property Tax	$205,819	$190,765
Maximum Disposable Income After Income, Property & Sales Taxes	$192,336	$179,543

FAQ

Does Florida or Massachusetts have lower income taxes?

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

Whereas Massachusetts’s income tax is the following 5.00%

Does Florida or Massachusetts have lower property taxes?

Florida has an average property tax rate of 0.67%

In comparison, Massachusetts has an average property tax rate of 0.94%

Does Florida or Massachusetts 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, Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%.

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

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, Massachusetts gives you $65,905.

More Comparisons:

Florida vs Indiana
Florida vs Missouri
Florida vs Maryland
Florida vs Wisconsin
Florida vs Colorado

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/