Does Mississippi have a state income tax?

Yes. Mississippi has a state income tax with a top rate of 4.7%.

How much is Mississippi state tax on a $100,000 salary?

On a $100,000 salary in Mississippi, state income tax is approximately $3,908. Your estimated total take-home pay is $75,272/year.

What other taxes does Mississippi have?

Mississippi has a 7% state sales tax with local add-ons bringing combined rates to 7-7.25% (Jackson 7%, Hattiesburg 7%). Property tax averages 0.79% effective — moderate. Mississippi has no estate tax. Mississippi allows full retirement income exemption — pension distributions, IRA, 401(k) distributions are fully exempt from MS state tax for retirees age 59½+. Mississippi grocery tax (5%) is one of few states that taxes groceries.

How does Mississippi compare to other states for taxes?

Mississippi's top rate of 4.7% compares favorably — below the national median for state income taxes.

What is Mississippi's income tax rate?

Mississippi has a flat 4.7% income tax effective 2024, phasing down to 4% by 2026 per HB 1 (2022). Plus HB 1 (2025) sets up FULL ELIMINATION of the income tax by 2032 (subject to revenue triggers). MS will become the 10th no-income-tax state if elimination completes.

What's happening with the Mississippi tax elimination plan?

Mississippi HB 1 (2025) created a phased elimination of the state income tax, contingent on revenue triggers. The plan: continue 0.5%/year reductions through 2030, then full elimination 2031-2032 if revenue exceeds projections. If completed, MS joins TX, FL, TN, NV, WA, WY, AK, NH, SD as no-income-tax states. Plan is subject to legislative review based on actual revenue performance.

Is Mississippi retirement-friendly?

Yes. Full retirement income exemption (pension + IRA + 401(k)) at age 59½+. No estate tax. No inheritance tax. Lowest-in-nation cost of living. Property tax moderate (0.79%). Combined with the income tax phase-down/elimination, MS is among the most retirement-favorable states. The catch: limited specialty healthcare infrastructure outside Jackson + Tupelo + Oxford.

How does Mississippi compare to Tennessee for taxes?

TN: 0% income tax + lowest property tax in nation (0.48%). MS: 4.7% phasing to 0% by 2032 + 0.79% property tax. Both are favorable. MS has a slightly higher property tax burden. TN has the highest sales tax in the country (9.55%); MS lower (7-7.25%). For working professionals, TN is currently more favorable; if MS completes its elimination, the states become comparable.

State Tax Guide

Mississippi State Income Tax Guide (2026)

Mississippi has a flat 4.7% income tax (phasing toward 4% by 2026 then full elimination by 2032 per HB 1 / 2025) — combined with the lowest cost of living in the country and structurally retirement-favorable.

Top State Rate

4.7%

$100k Take-Home

$75,272

/year (single)

State Tax on $100k

$3,908

single filer

Mississippi Income Tax Brackets (2026)

Marginal Rate	Taxable Income (Single Filer)
4.7%	$0→All income above $10,000 — phasing toward 4% by 2026 + full elimination by 2032

Each rate applies only to income within that bracket. Your effective rate is the average across all brackets — meaningfully lower than your top marginal rate.

Standard deduction: $2,300 single / $4,600 married filing jointly

Brackets reflect the most recently published schedules. Some states inflation-index thresholds annually — specific 2026 amounts may shift slightly. Verify with your state's Department of Revenue before filing.

$100,000 Salary in Mississippi — Full Tax Breakdown

Category	Annual	Monthly
Gross Salary	$100,000	$8,333
Federal Tax	−$13,170	−$1,098
FICA (SS + Medicare)	−$0.00	−$0.00
Mississippi State Tax	−$3,908	−$326
Take-Home Pay	$75,272	$6,273

Assumes single filing status, standard deduction, no 401(k) or HSA contributions. 2026 tax year.

Run your numbers through the right calculator

Salaried, freelance, bonus, overtime, or tips — pick the tool that matches your event.

Salary Calculator

Annual gross to take-home: federal + state + FICA + 401(k)/HSA modeling for all 50 states.

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Overtime Calculator

Apply the 2025 OBBBA 'No Tax on Overtime' deduction (up to $12,500) and see real savings.

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1099 Tax Calculator

1099, sole prop, or LLC: self-employment tax (15.3%) plus quarterly estimates.

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Bonus Calculator

Year-end, sign-on, retention, or commission. Compare flat 22% vs aggregate withholding.

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The 30-second version

1.Mississippi has a flat 4.7% income tax phasing toward 4% by 2026 + FULL ELIMINATION by 2032 per HB 1 (2025).
2.Lowest cost of living in the nation — median home values $150K-$250K.
3.Full retirement income exemption (pension + IRA + 401(k) at age 59½+).
4.Property tax 0.79% effective — moderate. No estate tax.
5.Major employers: Nissan Canton (auto manufacturing), Ingalls Shipbuilding (Pascagoula, naval shipbuilding), University of Mississippi Medical Center (Jackson), Mississippi State University, Walmart distribution (Tupelo area), agriculture (cotton, soybeans, poultry).

Why you can trust these numbers

Numbers reflect 2026 IRS federal brackets, FICA caps, and Mississippi Department of Revenue flat 4.7% rate per HB 1 (2022) phase-down + HB 1 (2025) full-elimination plan. The calculator at the top of this page applies MS's flat rate. Mississippi conforms to federal AGI starting point. Standard deduction $2,300 single — meaningfully smaller than federal.

Sources: federal brackets + standard deduction from IRS Rev. Proc. 2025-32; state brackets verified against the Tax Foundation 2026 State Income Tax Rates compilation and the Mississippi Department of Revenue's published 2026 schedule.

Our honest opinion (which is just an opinion)

Mississippi is genuinely retirement-favorable structurally, with cost of living among the lowest in the country. The income tax is phasing toward elimination by 2032 (subject to revenue triggers). Working-stage professionals get less benefit than retirees but cost-of-living advantages are real.

The case for Mississippi:

Lowest cost of living in the nation
Income tax phasing toward FULL ELIMINATION by 2032
Full retirement income exemption at 59½+
Property tax 0.79% effective — moderate
Naval shipbuilding (Ingalls Pascagoula) + auto manufacturing (Nissan Canton)
Distinctive Southern hospitality + cultural depth

The case against:

7% sales tax including 5% grocery tax (one of few states taxing groceries)
Limited high-comp white-collar career mobility outside Jackson + Tupelo + Oxford
Standard deduction $2,300 single — small
Specialty healthcare infrastructure thinner outside major cities
Hurricane risk along Gulf Coast (Ingalls Pascagoula area)
Public school quality varies enormously by district

Honest take: Mississippi is genuinely competitive for retirees with paid-off housing + retirement income exemption + lowest cost of living. For working professionals, Nissan Canton auto workers, Ingalls Pascagoula naval shipbuilding workers, UMMC healthcare workers, and Mississippi State University employees benefit. The income tax elimination plan is the structural opportunity if completed.

Sources & further reading

A few honest notes

Not personal tax, legal, or financial advice. Verify with a licensed CPA, EA, or tax attorney.
Tax law changes. This guide reflects 2026 IRS schedules and current Mississippi Department of Revenue rules.
Income tax elimination plan is contingent on revenue triggers — actual elimination depends on legislative review.
Property tax estimates vary by county/city.
Hurricane insurance is a structural Gulf Coast caveat.
No client relationship is created by reading this page.

Last updated April 2026 with 2026 IRS schedules and current Mississippi Department of Revenue guidance.