Florida Retirees Flee as Insurance and Assessments Outweigh Tax Savings
Retirees leaving Florida cite rising property insurance, condo special assessments, and higher living costs as the primary drivers, not weather or politics. While Florida retains a zero state income tax advantage, this benefit is increasingly offset by mandatory structural inspections, volatile insurance markets, and elevated regional prices. Many former residents have relocated to Tennessee, Texas, or inland Florida to achieve a lower total annual cost.