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Posted on March 6, 2015 - 12:59 PM
by john kavazanjian
It is not a bad thing being in the middle of this list of real estate taxes. Florida does not have an income tax. When you consider many of the states that have high real estate taxes also have income taxes, it makes Florida, which is a very large state, more affordable than most other states.
Many residents take advantage of the homestead deduction that is active to reduce their total real estate taxes. This is a higher percentage of savings on the lower priced homes which makes up for the schedule in the article below.
Combine that with the favorable weather and Florida becomes very attractive.