Payroll Cost per Employee in Florida
2026 estimates — total employer cost including taxes and benefits
Min wage in Florida: $13.00/hr (rising to $15 by 2026) | SUTA: 0.29–5.4% on first $7,000
Calculate Total Payroll Cost in Florida
Payroll Tax Breakdown — Florida 2026
| Tax / Cost | Rate / Rule | Annual Amount |
|---|---|---|
| Base salary | Per agreement | $101,750 |
| Social Security (employer) | 6.2% on first $168,600 | $6,309 |
| Medicare (employer) | 1.45% of all wages | $1,475 |
| FUTA (federal unemployment) | 0.6% on first $7,000 | $42 |
| Florida SUTA | 0.29–5.4% on first $7,000 | $600 |
| Benefits (health, 401k, etc) | ~18% of salary (typical) | $18,315 |
| Total Employer Cost | $128,869 | |
Based on $101,750 median salary in Florida. SUTA rate shown is approximate average — actual rate depends on claims history. Additional: Reemployment Tax (Florida SUTA).
Payroll Requirements in Florida
1. Florida Payroll Tax & Compliance Overview
Florida has no state income tax, significantly simplifying payroll administration. Florida's Reemployment Tax (SUI) is among the lower rates nationally. Florida's minimum wage is scheduled to reach $15/hour by 2026 per Amendment 2. Overall, Florida is a low-payroll-tax state — a significant business advantage. Florida doesn't have a state paid leave mandate as of 2026.
2. Top Tips for Florida Employers
Florida employers: with no state income tax, payroll is primarily federal compliance plus Florida Reemployment Tax. Standard payroll software handles this easily. Key Florida compliance: ensure correct Reemployment Tax rates (varies by claims history), and note the rising minimum wage schedule.
3. Key Florida Payroll Facts
- Minimum wage: $13.00/hr (rising to $15 by 2026)
- State income tax: None (no state income tax)
- State unemployment (SUTA): 0.29–5.4% on first $7,000
- Additional: Reemployment Tax (Florida SUTA)
Run Florida Payroll Automatically
Automated payroll software handles Florida tax calculations, filings, and W-2s for $40–$150/month.
Florida Payroll Summary
- →Avg salary: $101,750/yr
- →Total cost: $128,869/yr
- →Overhead rate: ~27% above salary
- →Min wage: $13.00/hr (rising to $15 by 2026)
- →State income tax: None (no state income tax)