Salary Overview for Florida
The median individual income in Florida is $35,820 per year, while the mean (average) individual income is $48,130. The median household income is $67,917.
Cost of Living Adjusted Salary
Florida's cost of living index is 103 (national average = 100). This means the median salary of $35,820 in Florida has the purchasing power of approximately $34,777 at the national average cost of living. Florida is roughly in line with the national average cost of living.
Minimum Wage in Florida
The current minimum wage in Florida is $13.00/hour, which equals approximately $27,040 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Florida minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Florida
- Walt Disney World
- AdventHealth
- Publix
Major Industries in Florida
- Tourism
- Healthcare
- Real Estate
Tax Rates in Florida
See the full tax breakdown including income tax, sales tax, property tax, and more on our Florida tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Florida after federal and state taxes.