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.
The state of Mississippi uses a flat 4.7% state income tax on all taxable income in 2026. State standard deduction: $2,300 single / $4,600 married. Plus federal income tax (10%-37% across 7 brackets) and FICA (Social Security 6.2%, Medicare 1.45%). Property tax averages 0.65% and sales tax averages 7.07%. 4.7% with first $10K exempt. Lowest cost of living. Lowest median household income.
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 ($4,400 individual, $8,750 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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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.
What is the Mississippi state income tax filing deadline for 2026?
Mississippi state income tax returns are due April 15, 2026 (matching the federal deadline). If April 15 falls on a weekend or holiday, the deadline shifts to the next business day. Extensions: Mississippi typically grants automatic 6-month extensions to October 15, 2026, but tax owed must still be paid by April 15 to avoid penalties.
Does Mississippi tax retirement income, Social Security, and pensions?
Mississippi taxes retirement income with state-specific exclusions. Social Security: only 11 states tax SS benefits in 2026 (CO, CT, KS, MN, MT, NM, RI, UT, VT, WV, MO partially); Mississippi's treatment varies. Pensions and 401(k)/IRA withdrawals are generally taxable as ordinary income at 4.7% top rate, with possible exclusions for federal/military pensions or low-income seniors. Check Mississippi's 2026 retirement income exclusion thresholds.
What deductions and credits are unique to Mississippi in 2026?
Mississippi offers standard deduction of $2,300 (single) / $4,600 (married). Additional state-specific items typically include: Mississippi-specific tax credits (e.g., property tax credit, education credit, EITC supplement if available), retirement income exclusions, and state-conformity to federal deductions like SALT cap, mortgage interest, charitable contributions. Check Mississippi's state tax form for the full list of state-specific credits in 2026.
If I work remotely in Mississippi for an out-of-state employer, what tax do I pay?
As a Mississippi resident working remotely for an out-of-state employer, the rules depend on reciprocity agreements. Reciprocity-pair states (PA-NJ, IL-IA, MI-OH, etc.) let you pay tax only to Mississippi. Without reciprocity, you may pay tax to BOTH states, then claim a credit on Mississippi's return for taxes paid to the work state. NY, PA-Philadelphia, and other "convenience of employer" jurisdictions can override these rules. Verify your employer's state tax setup.