Taxes in Jackson, Mississippi
Complete tax guide for Jackson, MS. State income tax up to 4.7%, 0.68% property tax, 8% sales tax. Calculate your total tax burden.
State Income Tax
4.7%
Mississippi
Property Tax
0.68%
Effective rate
Sales Tax
8%
Combined rate
Tax Burden
Very Low
Jackson, MS Tax Overview
State capital; lowest cost of living among state capitals
Population
153,701
Median Income
$38,426
Cost of Living
79.8 (100 = avg)
State Income Tax
4.7%
Median Home Price
$115,000
Jackson Tax Calculator
Pre-filled with Jackson median: $38,426
Total Tax Burden in Jackson
$7,318
Take-Home: $31,108 · Effective Rate: 19.04%
Federal Tax
$2,573
6.69% eff.
MS State
$1,806
4.70% eff.
FICA
$2,940
7.65% eff.
Take-Home
$31,108
80.96% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $38,426.00 | $3,202.17 |
| Federal Income Tax | -$2,572.62 | -$214.39 |
| Mississippi State Tax | -$1,806.02 | -$150.50 |
| Social Security (6.2%) | -$2,382.41 | -$198.53 |
| Medicare (1.45%) | -$557.18 | -$46.43 |
| Take-Home Pay | $31,107.77 | $2,592.31 |
Property Tax in Jackson
Median Home
$115,000
Annual Tax
$782
Monthly Tax
$65
Effective Rate
0.68%
Sales Tax in Jackson
Combined Rate
8%
State Portion
~5.5%
Local Portion
~2.5%
The combined sales tax rate in Jackson is 8%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.00 in sales tax.
Tax Burden Comparison
| Tax Type | Jackson | Mississippi Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.7% | 4.7% | 4.6% |
| Property Tax | 0.68% | ~0.68% | 1.1% |
| Sales Tax | 8% | ~8% | 7.12% |
| Overall Burden | Very Low | — | Moderate |
Tax Saving Tips for Jackson Residents
- Mississippi's income tax rate of 4.7% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Jackson (0.68%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Mississippi
Calculate Your Full Mississippi Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Jackson, MS?
Jackson, Mississippi has a state income tax rate up to 4.7%. The property tax rate is 0.68% and the combined sales tax rate is 8%. State capital; lowest cost of living among state capitals
How much is property tax in Jackson?
The effective property tax rate in Jackson is 0.68%. On the median home price of $115,000, this equals approximately $782 per year or $65 per month. This is below the national average of 1.1%.
What is the sales tax rate in Jackson?
The combined sales tax rate in Jackson is 8%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Jackson's tax burden compare to other cities?
Jackson has a very low overall tax burden. The effective total tax rate for a median-income household is approximately 22.6%. The combination of 4.7% state income tax, 0.68% property tax, and 8% sales tax determines the total burden. Cost of living index is 79.8 (100 = national average).
Are there any local taxes in Jackson?
Jackson does not impose a separate local or city income tax. Residents pay the state income tax of 4.7%, federal income tax, and FICA (Social Security and Medicare). State capital; lowest cost of living among state capitals