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Taxes in Plantation, Florida

Complete tax guide for Plantation, FL. No state income tax, 0.87% property tax, 8.65% sales tax. Calculate your total tax burden.

State Income Tax

None

Florida

Property Tax

0.87%

Effective rate

Sales Tax

8.65%

Combined rate

Tax Burden

Low

Plantation, FL Tax Overview

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

Population

94,580

Median Income

$53,800

Cost of Living

96.8 (100 = avg)

State Income Tax

None

Median Home Price

$412,000

Plantation Tax Calculator

Pre-filled with Plantation median: $53,800

Total Tax Burden in Plantation

$8,533

Take-Home: $45,267 · Effective Rate: 15.86%

Federal Tax

$4,418

8.21% eff.

FL State

$0

0.00% eff.

FICA

$4,116

7.65% eff.

Take-Home

$45,267

84.14% kept

Tax Breakdown

Take-Home 84.14%
Federal
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$53,800.00$4,483.33
Federal Income Tax-$4,417.50-$368.13
Florida State Tax$0.00$0.00
Social Security (6.2%)-$3,335.60-$277.97
Medicare (1.45%)-$780.10-$65.01
Take-Home Pay$45,266.80$3,772.23

Property Tax in Plantation

Median Home

$412,000

Annual Tax

$3,584

Monthly Tax

$299

Effective Rate

0.87%

vs. National Average (1.1%)$-948/yr
Median Property Tax Paid$3,584/yr

Sales Tax in Plantation

Combined Rate

8.65%

State Portion

~6.2%

Local Portion

~2.5%

The combined sales tax rate in Plantation is 8.65%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.65 in sales tax.

Tax Burden Comparison

Tax TypePlantationFlorida AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.87%~0.87%1.1%
Sales Tax8.65%~8.65%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Plantation 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 Plantation (0.87%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 8.65% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • 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 Plantation, FL?

Plantation, Florida has no state income tax. The property tax rate is 0.87% and the combined sales tax rate is 8.65%. No state income tax; higher property taxes and sales tax offset

How much is property tax in Plantation?

The effective property tax rate in Plantation is 0.87%. On the median home price of $412,000, this equals approximately $3,584 per year or $299 per month. This is below the national average of 1.1%.

What is the sales tax rate in Plantation?

The combined sales tax rate in Plantation is 8.65%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

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

Plantation has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.5%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 96.8 (100 = national average).

Are there any local taxes in Plantation?

Plantation 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