$LevyIO

Taxes in Aventura, Florida

Complete tax guide for Aventura, FL. No state income tax, 0.91% property tax, 6.7% sales tax. Calculate your total tax burden.

State Income Tax

None

Florida

Property Tax

0.91%

Effective rate

Sales Tax

6.7%

Combined rate

Tax Burden

Low

Aventura, FL Tax Overview

No state income tax; higher property taxes and sales tax offset

Population

40,242

Median Income

$50,700

Cost of Living

99.7 (100 = avg)

State Income Tax

None

Median Home Price

$363,000

Aventura Tax Calculator

Pre-filled with Aventura median: $50,700

Total Tax Burden in Aventura

$7,924

Take-Home: $42,776 · Effective Rate: 15.63%

Federal Tax

$4,046

7.98% eff.

FL State

$0

0.00% eff.

FICA

$3,879

7.65% eff.

Take-Home

$42,776

84.37% kept

Tax Breakdown

Take-Home 84.37%
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$50,700.00$4,225.00
Federal Income Tax-$4,045.50-$337.13
Florida State Tax$0.00$0.00
Social Security (6.2%)-$3,143.40-$261.95
Medicare (1.45%)-$735.15-$61.26
Take-Home Pay$42,775.95$3,564.66

Property Tax in Aventura

Median Home

$363,000

Annual Tax

$3,303

Monthly Tax

$275

Effective Rate

0.91%

vs. National Average (1.1%)$-690/yr
Median Property Tax Paid$3,303/yr

Sales Tax in Aventura

Combined Rate

6.7%

State Portion

~4.2%

Local Portion

~2.5%

The combined sales tax rate in Aventura is 6.7%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.70 in sales tax.

Tax Burden Comparison

Tax TypeAventuraFlorida AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.91%~0.91%1.1%
Sales Tax6.7%~6.7%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Aventura Residents

  • Florida has no state income tax, meaning your income is only subject to federal taxes and FICA. Consider investing your tax savings into a Roth IRA for tax-free growth.
  • Property tax in Aventura (0.91%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Florida Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Aventura, FL?

Aventura, Florida has no state income tax. The property tax rate is 0.91% and the combined sales tax rate is 6.7%. No state income tax; higher property taxes and sales tax offset

How much is property tax in Aventura?

The effective property tax rate in Aventura is 0.91%. On the median home price of $363,000, this equals approximately $3,303 per year or $275 per month. This is below the national average of 1.1%.

What is the sales tax rate in Aventura?

The combined sales tax rate in Aventura is 6.7%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Aventura's tax burden compare to other cities?

Aventura has a low overall tax burden. The effective total tax rate for a median-income household is approximately 23.7%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 99.7 (100 = national average).

Are there any local taxes in Aventura?

Aventura does not impose a separate local or city income tax. Residents pay no state income tax, federal income tax, and FICA (Social Security and Medicare). No state income tax; higher property taxes and sales tax offset