Moving from Ohio to the Space Coast

Ohio taxes retirement income at graduated rates up to 3.75%, plus many cities add a municipal income tax (Columbus 2.5%, Cleveland 2.5%, Cincinnati 1.8%). Florida has none. Ohio's property tax averages 1.6% — nearly double Brevard's 0.85%. For an Ohio retiree, the combined tax savings run $4,000–$8,000 per year.

Ohio's Hidden Tax: Municipal Income Tax

Ohio is one of few states where cities levy their own income tax. Columbus at 2.5%, Cleveland at 2.5%, Cincinnati at 1.8% — these municipal taxes apply to residents regardless of where their income is earned. On $60,000 in retirement income, Columbus's municipal tax alone costs $1,500/year. Move to Brevard County, and both the state and municipal income taxes disappear.

Combined with property tax savings ($3,000/year on a $400K home) and state income tax elimination ($1,500–$2,800/year), an Ohio retiree saves $4,500–$7,800 annually by relocating to the Space Coast.

What Ohio Buyers Should Know

All Space Coast Communities

Moving from Ohio?

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