No state personal income tax for residents; wages, retirement, and investment income not taxed.
Average property tax rate: 0.74%; property rates lower than national avg.
Homestead exemption tied to inflation after >66% voter approval; up to $50K exemption on assessed value.
Statewide sales tax: 6%; avg. combined rate: 6.98%. Groceries, prescriptions, diapers, some feminine products exempt.
No estate or inheritance taxes; retirees may qualify for extra homestead exemption if eligible.