Florida has no state income tax — you keep more
| Gross Salary | $55,000 |
| Federal Income Tax | −$4,562 |
| Social Security (6.2%) | −$3,410 |
| Medicare (1.45%) | −$798 |
| Florida State Tax | $0 (no income tax) |
| Take-Home Pay | $46,231 |
On a $55,000 salary in Florida, you can expect to take home approximately $46,231 per year, or about $3,853 per month. Your effective total tax rate is 15.9%.
Florida is one of 9 states with no state income tax, which means you keep significantly more of your paycheck compared to high-tax states like California or New York.