Florida Taxes

Florida is obviously popular with retirees.  There is no state income tax, and although real estate property is taxed at its full valuation, residents receive a homestead exemption up to $50,000 per year on a primary residence.  There is no inheritance or estate tax, and the state does not tax unearned income (such as Social Security).

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Ocala Population: 55,000 | Percentage Age 45 or Better: 41% | Cost of Living: 12% Below U.S. Average | Crime Rate: Above U.S. Average

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3233 S.E. 110th St., Ocala, Florida 34480

(352) 245-2334

Age Restriction: 55+

Cottage rentals, mobile home and RV spaces

Priced from $3,995/year for cottages; from $250/month for mobile homes; from $220/month for RVs (new mobile homes for sale from $44,900)

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Florida Stats:

Population, year 2009 estimate - 18,537,969

Persons 65 years old and over, year 2009 - 17.2%

High school graduates, percent of persons age 25+, year 2000 - 79.9%

Bachelor's degree or higher, pct of persons age 25+, year 2000 - 22.3%

Persons of Hispanic or Latino origin, percent, year 2009 - 21.5%

White persons, not Hispanic, percent, year 2009 - 59.5%

Median household income, year 2008 - $47,802

Social Security taxed? No

Source: U.S. Census Bureau

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