Florida has become the single largest destination for Americans relocating away from high-tax states, and the math behind the move is hard to argue with. A New York City resident earning $1 million a year pays roughly $109,000 in combined state and city income tax. A California resident at the same income level pays roughly $133,000. In Florida, that number is zero. Multiply the savings across a decade and Florida residency is one of the most consequential financial decisions