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December 1, 2011              Main Home

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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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Wimauma Population: 5,200 | Percentage Age 45 or Better: 20% | Cost of Living: 10% Below U.S. Average | Crime Rate: Below U.S. Average

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Little Manatee Springs

4337 Hamlin Way, Wimauma, Florida  33598 

(888) 634-2395

Age Restriction:  Part 55+

Manufactured homes

Priced from $80,000s

Web Site

Recreation center, putt putt golf, adjacent to forest

 

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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