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Taxes in Brandon, Florida

Complete tax guide for Brandon, FL. No state income tax, 0.91% property tax, 7.56% sales tax. Calculate your total tax burden.

State Income Tax

None

Florida

Property Tax

0.91%

Effective rate

Sales Tax

7.56%

Combined rate

Tax Burden

Moderate

Brandon, FL Tax Overview

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

Population

115,911

Median Income

$55,000

Cost of Living

99.9 (100 = avg)

State Income Tax

None

Median Home Price

$460,000

Brandon Tax Calculator

Pre-filled with Brandon median: $55,000

Total Tax Burden in Brandon

$8,769

Take-Home: $46,231 · Effective Rate: 15.94%

Federal Tax

$4,562

8.29% eff.

FL State

$0

0.00% eff.

FICA

$4,208

7.65% eff.

Take-Home

$46,231

84.06% kept

Tax Breakdown

Take-Home 84.06%
Federal
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$55,000.00$4,583.33
Federal Income Tax-$4,561.50-$380.13
Florida State Tax$0.00$0.00
Social Security (6.2%)-$3,410.00-$284.17
Medicare (1.45%)-$797.50-$66.46
Take-Home Pay$46,231.00$3,852.58

Property Tax in Brandon

Median Home

$460,000

Annual Tax

$4,186

Monthly Tax

$349

Effective Rate

0.91%

vs. National Average (1.1%)$-874/yr
Median Property Tax Paid$4,186/yr

Sales Tax in Brandon

Combined Rate

7.56%

State Portion

~5.1%

Local Portion

~2.5%

The combined sales tax rate in Brandon is 7.56%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.56 in sales tax.

Tax Burden Comparison

Tax TypeBrandonFlorida AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.91%~0.91%1.1%
Sales Tax7.56%~7.56%7.12%
Overall BurdenModerateModerate

Tax Saving Tips for Brandon 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 Brandon (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 Brandon, FL?

Brandon, Florida has no state income tax. The property tax rate is 0.91% and the combined sales tax rate is 7.56%. No state income tax; higher property taxes and sales tax offset

How much is property tax in Brandon?

The effective property tax rate in Brandon is 0.91%. On the median home price of $460,000, this equals approximately $4,186 per year or $349 per month. This is below the national average of 1.1%.

What is the sales tax rate in Brandon?

The combined sales tax rate in Brandon is 7.56%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

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

Brandon has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 25.1%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 99.9 (100 = national average).

Are there any local taxes in Brandon?

Brandon 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