MS
Mississippi Income Tax Guide
Mississippi has graduated rates from 0% to 4.7%, with recent reforms moving toward a flat tax.
Top Tax Rate
4.7%
State income tax
Average Salary
$44,000
Annual average
Cost of Living
84
100 = national avg
Local Taxes
No
City/county taxes
Key Highlights
- Lowest cost of living
- Tax rates decreasing
- Moving to flat tax
Major Cities
Jackson
Gulfport
Southaven
Biloxi
Estimated Take-Home on $44,000
Gross Annual
$44,000
Federal Tax (est.)
-$5,280
State Tax (4.7%)
-$2,068
FICA (7.65%)
-$3,366
Net Take-Home
$33,286
$2,773/month
Mississippi Tax Calculator
Pre-filled with Mississippi's 4.7% top rate
Compare With Other States
See how Mississippi compares to nearby and similar states