Mississippi Income Tax Calculator
Calculate your total tax burden in Mississippi. See MS state income tax (4.7% top rate), federal tax, and FICA combined. Free, instant, private.
Mississippi Income Tax Calculator
Pre-filled with Mississippi median: $48,610
Your Total Tax Burden
$9,220
Take-Home: $39,390 · Effective Rate: 19.0%
Federal Tax
$3,795
7.8% eff.
MS State Tax
$1,707
3.5% eff.
FICA
$3,719
7.6% eff.
Take-Home
$39,390
81.0% kept
Tax Breakdown
Mississippi Tax Bracket Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $48,610.00 | $4,050.83 |
| Federal Income Tax | -$3,794.70 | -$316.22 |
| Mississippi State Tax | -$1,706.57 | -$142.21 |
| Social Security (6.2%) | -$3,013.82 | -$251.15 |
| Medicare (1.45%) | -$704.85 | -$58.74 |
| Take-Home Pay | $39,390.07 | $3,282.51 |
Marginal Tax Rate
4.7%
MS state only
Effective Tax Rate
19.0%
All taxes combined
Mississippi Tax System Overview
Mississippi taxes income above $10,000 at 4.7%. The state has the lowest cost of living and median household income ($48,610). Property taxes are low at 0.65%. Social Security and most retirement income are exempt.
Top Income Tax
4.7%
Property Tax
0.65%
Sales Tax (Avg)
7.07%
Median Income
$48,610
Other Taxes in Mississippi
Capital Gains Tax
Taxed as regular income
Property Tax
Average effective rate of 0.65%. On a $300,000 home, this equals approximately $1,950 per year, or $163 per month.
Sales Tax
State rate of 7%, with a combined average of 7.07% including local taxes.
Filing Tips for Mississippi
First $10,000 is exempt. Standard deduction is low ($2,300). Social Security and most retirement income exempt. Low cost of living means greater purchasing power.
- Maximize pre-tax contributions to 401(k) ($23,500 limit in 2026, $31,000 if 50+) to reduce both federal and MS state taxable income.
- Use an HSA if you have a high-deductible health plan. Contributions ($4,300 individual, $8,550 family) are pre-tax and reduce your tax burden.
- Review your W-4. If you regularly get large refunds, adjust your withholding to keep more money in each paycheck throughout the year.
Compare Mississippi to Nearby States
If you lived in a neighboring state instead, here is how your state tax would change on $48,610 income:
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Compare income tax rates, property taxes, and sales taxes across all US states and DC.
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Frequently Asked Questions
What is the income tax rate in Mississippi?
Mississippi has a flat income tax rate of 4.7%. This means all taxable income is taxed at the same rate regardless of how much you earn. 4.7% with first $10K exempt. Lowest cost of living. Lowest median household income.
How much state tax will I pay in Mississippi on $48,610?
On income of $48,610 filing single in Mississippi, you would pay approximately $1,707 in state income tax (effective rate of 3.5%). This is after the state standard deduction of $2,300.
Does Mississippi tax capital gains?
Taxed as regular income. Capital gains treatment varies by state — some tax them as regular income while others offer exclusions or preferential rates.
How does Mississippi compare to neighboring states for taxes?
Mississippi's neighboring states include Tennessee (no income tax), Alabama (5% top rate), Louisiana (3% top rate). Property tax rates, sales taxes, and cost of living should also be considered when comparing overall tax burden. Use the calculator above to compare your specific tax liability across states.