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Taxes in Tampa, Florida

Complete tax guide for Tampa, FL. No state income tax, 0.91% property tax, 7.5% sales tax. Calculate your total tax burden.

State Income Tax

None

Florida

Property Tax

0.91%

Effective rate

Sales Tax

7.5%

Combined rate

Tax Burden

Low

Tampa, FL Tax Overview

No state income tax; growing tech and finance sector

Population

384,959

Median Income

$58,788

Cost of Living

101.2 (100 = avg)

State Income Tax

None

Median Home Price

$345,000

Tampa Tax Calculator

Pre-filled with Tampa median: $58,788

Total Tax Burden in Tampa

$9,513

Take-Home: $49,275 · Effective Rate: 16.18%

Federal Tax

$5,016

8.53% eff.

FL State

$0

0.00% eff.

FICA

$4,497

7.65% eff.

Take-Home

$49,275

83.82% kept

Tax Breakdown

Take-Home 83.82%
Federal
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$58,788.00$4,899.00
Federal Income Tax-$5,016.06-$418.00
Florida State Tax$0.00$0.00
Social Security (6.2%)-$3,644.86-$303.74
Medicare (1.45%)-$852.43-$71.04
Take-Home Pay$49,274.66$4,106.22

Property Tax in Tampa

Median Home

$345,000

Annual Tax

$3,140

Monthly Tax

$262

Effective Rate

0.91%

vs. National Average (1.1%)$-656/yr
Median Property Tax Paid$3,140/yr

Sales Tax in Tampa

Combined Rate

7.5%

State Portion

~5.0%

Local Portion

~2.5%

The combined sales tax rate in Tampa is 7.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.50 in sales tax.

Tax Burden Comparison

Tax TypeTampaFlorida AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.91%~0.91%1.1%
Sales Tax7.5%~7.5%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Tampa 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 Tampa (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 Tampa, FL?

Tampa, Florida has no state income tax. The property tax rate is 0.91% and the combined sales tax rate is 7.5%. No state income tax; growing tech and finance sector

How much is property tax in Tampa?

The effective property tax rate in Tampa is 0.91%. On the median home price of $345,000, this equals approximately $3,140 per year or $262 per month. This is below the national average of 1.1%.

What is the sales tax rate in Tampa?

The combined sales tax rate in Tampa is 7.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

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

Tampa 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 101.2 (100 = national average).

Are there any local taxes in Tampa?

Tampa 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; growing tech and finance sector