Mississippi Income Tax Guide 2025
Mississippi Tax Brackets 2025
Mississippi uses a progressive tax system with rates varying based on income level and filing status. Here's what you need to know:
Sample Take-Home Pay Calculations for Mississippi
Here's what different salary levels look like after taxes in Mississippi(assuming single filing status and standard deductions):
| Gross Salary | Net Take-Home | Effective Tax Rate | Monthly Net |
|---|---|---|---|
| $40,000 | $33,148 | 17.13% | $2,762 |
| $50,000 | $40,733 | 18.54% | $3,394 |
| $60,000 | $48,318 | 19.47% | $4,026 |
| $75,000 | $58,370 | 22.17% | $4,864 |
| $100,000 | $74,833 | 25.17% | $6,236 |
| $125,000 | $91,098 | 27.12% | $7,591 |
| $150,000 | $107,060 | 28.63% | $8,922 |
| $200,000 | $140,932 | 29.53% | $11,744 |
Living in Mississippi: Tax Considerations
When considering employment or relocation to Mississippi, it's important to factor in the total tax burden, including:
- State income tax rates
- Local taxes (if applicable)
- Sales tax rates
- Property tax rates
- Cost of living index
Maximizing Your Take-Home Pay in Mississippi
- Contribute to tax-deferred retirement accounts (401k, IRA)
- Utilize Health Savings Accounts (HSA) if eligible
- Take advantage of Flexible Spending Accounts (FSA)
- Understand available state tax deductions and credits
- Consider the timing of income and deductions
Mississippi vs Other States
Compare your take-home pay in Mississippi with other states: