Home prices, office rents, tax savings, startup density, and engineer salaries โ Boca Raton, Miami, and WPB compared to New York, San Francisco, and Austin. The data case for relocating your startup to South Florida.
Median residential sale price (thousands)
Sources: Zillow, CoStar, BLS, PitchBook, CB Insights, Crunchbase โ June 2026
What you keep when you relocate from New York to Florida (10.9% top marginal NY rate โ 0% FL). Does not include NYC city tax (3.9% additional) or federal.
| Income / Exit | NY State Tax | FL State Tax | Annual Savings |
|---|---|---|---|
| $500K | โ$54,500 | $0 | +$54,500 |
| $1M | โ$109,000 | $0 | +$109,000 |
| $2M | โ$218,000 | $0 | +$218,000 |
| $5M exit | โ$545,000 | $0 | +$545,000 |
| $10M exit | โ$1,090,000 | $0 | +$1,090,000 |
*NY QSBS does not conform to federal Section 1202, so NY founders also pay full state capital gains tax on startup exits. Florida has no such restriction. Read the full QSBS guide โ
Key stats for each major market in the corridor.
I've made the move and I'm actively advising founders through the process โ from finding the right zip code to making the right investor introductions. Email me directly.