Find out how much it costs to live in Naples.
Trying to keep your retirement income in your pocket instead of Uncle Sam’s? If that’s your goal, Florida could not be better. Rated by Kiplinger’s as one of the most Tax Friendly in the country, Florida has no income tax, no social security tax, and no taxes on any other retirement income. The cost of living in Naples, however, is above the national average.
Most Tax Friendly
State Income Tax:
Social Security Tax?
County + State Sales Tax
Property Tax Rate *
Property Tax Ranking (County Property Tax rank out of 2,773, higher rank=lower rate) *
Cost of Living Index (100=average):
Housing + transportation costs as % of income:
State Sales Tax Breaks for Seniors:
Tax burden: % income going to state and local taxes:
Florida residents ages 65 and older who meet certain income limits can receive an extra homestead exemption of up to $50,000 from some city and county governments and/or an exemption equal to the assessed value of the property, as long as the real estate has a fair market value of less than $250,000, the homeowner has maintained permanent residence at the location for at least 25 years, and household income does not exceed $27,994 during 2014.
For more detailed tax information from Kiplinger, visit www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/
eRetirements has partnered with a network of over 12,500 top performing Realtors covering 91% of the United States. These Realtors will show you around town, assist you in viewing properties, and provide you with local info that would be nearly impossible to discover on your own.
To learn more about real estate in Naples book a visit and we'll help you find the right place to live.
Naples has a very low unemployment rate, and an average amount of individuals 65+ employed. Collier County public schools, the Collier County government, and Publix supermarkets are some of the largest employers in the area. Employment growth in the past three years has also been high, which can increase job opportunities for future retirees.
GDP Growth Last 3 Years
Income Growth Last 3 Years
Employment Growth Last 3 Years