Gulf Access Waterfront Properties for Sale in Naples, Marco & SWFL
Jared Sugerman
(239) 919-4949(239) 919-4949

Florida Listed as the 8th Most Tax-Friendly State According to Kiplinger

In more good news for residents of Northern states seeking to relocate to Naples Gulf Access, a recent study ranked Florida as the 8th most tax-friendly state.  The Kiplinger study celebrated Florida’s lack of state income tax, along with its “reasonable” property taxes.

Topping out the list in order of the top ten tax-friendly states include Wyoming, Nevada, Delaware, Alabama, South Carolina, Tennessee, Mississippi, Florida, Arizona, and Georgia.  No states from the Northeast, Midwest, or Pacific Coast made list.

This Kiplinger study only focused on taxes.  While Florida is undeniably a top ten tax-friendly state, there are many other factors to consider when picking a place to call home.  Florida also scores high on other factors not included in this study, including access to healthcare, climate, cultural activities, and education.

Factoring just taxes alone, makes Naples Gulf Access and the state of Florida, a highly appealing destination.  Some of the highly coveted tax benefits of Florida include no state income tax, reasonable annual property taxes averaging 1.041% of home value, no estate tax, no inheritance tax, a strong homestead exemption, including additional tax benefits for seniors.  For Naples Gulf Access residents, the one area Florida does not score well on is high average state and local sales tax, averaging 7.05%.

Overall, this is a rosy report for residents seeking to relocate to Florida and Naples Gulf Access.  Depending on where one calls home, can have implications of tens of thousands of dollars per year in taxes.  Couple the tax savings with a great climate, endless activities and festivals, great schools, fantastic healthcare, make Florida the best state in the Nation.  Naples Gulf Access has a bright present and future basking in the Florida sunshine, with plenty of shade from taxes that can burn money.

 

Posted on November 8, 2019 at 8:07 pm by Jared Sugerman

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • Contact Naples Gulf Access to Request a Showing or Consultation

  • Facebook Feed

  • Naples Gulf Access Recent Posts

  • Naples Gulf Access Waterfront Rentals For Lease

    655 Galleon DR

    Naples, FL

    • 4 Beds
    • 4 Baths
    • 3,590 sq ft
    • -- lot
    • $27,000

    110 Guadeloupe LN

    Bonita Springs, FL

    • 5 Beds
    • 7 Baths
    • 8,030 sq ft
    • -- lot
    • $25,000

    245 Broad AVE S

    Naples, FL

    • 4 Beds
    • 6 Baths
    • 4,500 sq ft
    • -- lot
    • $35,000

    72 6th ST S

    Naples, FL

    • 3 Beds
    • 4 Baths
    • 3,325 sq ft
    • -- lot
    • $30,000

    8111 Bay Colony DR, Unit 1501

    Naples, FL

    • 3 Beds
    • 4 Baths
    • 3,061 sq ft
    • -- lot
    • $35,000

    8231 Bay Colony DR, Unit 1604

    Naples, FL

    • 3 Beds
    • 3 Baths
    • 2,980 sq ft
    • -- lot
    • $28,000

    111 5th AVE S

    Naples, FL

    • 4 Beds
    • 6 Baths
    • 7,318 sq ft
    • -- lot
    • $40,000

    9653 Gulf Shore DR, Unit 203

    Naples, FL

    • 3 Beds
    • 3 Baths
    • 1,943 sq ft
    • -- lot
    • $25,000

    6897 Grenadier BLVD, Unit 1001

    Naples, FL

    • 5 Beds
    • 5 Baths
    • 5,280 sq ft
    • -- lot
    • $30,000

    11125 Gulf Shore DR, Unit 307

    Naples, FL

    • 4 Beds
    • 4 Baths
    • 4,184 sq ft
    • -- lot
    • $31,000

    137 2nd AVE N

    Naples, FL

    • 3 Beds
    • 3 Baths
    • 2,432 sq ft
    • -- lot
    • $30,000

    1221 Butterfly CT

    Marco Island, FL

    • 4 Beds
    • 6 Baths
    • 5,200 sq ft
    • -- lot
    • $55,000

    1289 Orange CT

    Marco Island, FL

    • 4 Beds
    • 5 Baths
    • 4,400 sq ft
    • -- lot
    • $30,000

    8665 Bay Colony DR, Unit 1401

    Naples, FL

    • 3 Beds
    • 4 Baths
    • 3,410 sq ft
    • -- lot
    • $35,000

    26918 Hickory BLVD

    Bonita Springs, FL

    • 4 Beds
    • 6 Baths
    • 4,578 sq ft
    • -- lot
    • $55,000