Moving from Maryland to South Florida: A Beltway Professional's Guide to Florida Real Estate

Maryland to Florida is one of the cleaner relocation stories on the Atlantic seaboard. The commute to DC disappears. The state income tax disappears. The winter disappears. What stays is a sophisticated professional who knows exactly what they're looking for, and where to find it.

Maryland buyers have one of the most compelling combined tax cases of any feeder market: the state income tax (up to 5.75%) plus county income taxes (up to 3.2% in Montgomery County) create effective marginal rates of nearly 9% for high earners in the DC suburbs. Florida has neither. The Combined Maryland Tax Burden Maryland's tax structure is layered in a way that creates meaningful burdens for professionals. The state income tax alone (up to 5.75%) would be notable. The addition of county income taxes, which most Maryland counties impose at 2.5–3.2% of state taxable income, brings the effective combined rate close to 9% for Montgomery, Howard, and Baltimore County residents. For a Maryland family earning $400,000 in Montgomery County, the annual tax comparison to Florida is approximat...