Mississippi taxes — property, income, sales, retirement

Home·Tax overview·Mississippi

Property tax, income tax, sales tax, and retirement-income treatment in Mississippi. Quick read for movers, retirees, and remote workers.

Lower property tax. 4.4% income tax (lowering further). 7% sales (highest base rate). Retirement income largely untaxed.
Effective property tax
0.75%
of home value/yr
Income tax (top rate)
4.4%
Sales tax (state)
7.00%
local adds more
SS taxed by state?
No

Property tax

Mississippi’s effective property tax rate is approximately 0.75% of assessed home value per year. On a $350,000 home that’s about $2,625/yr. Rates vary by county and municipality — this is a state-wide average.

Income tax

Top marginal rate: 4.4%. Brackets vary by income. For wage earners, the effective rate depends on filing status, deductions, and credits.

Sales tax

State base rate: 7.00%. Local municipal and county additions can raise the combined rate by 1-4 percentage points.

Retirement income

Social Security: Not taxed by state. Pensions & 401(k) withdrawals: Fully taxed at state income rate.

Top cities in Mississippi

Jackson · pop 141,449 · momentum 35

Gulfport · pop 74,621 · momentum 67

Southaven · pop 57,493 · momentum 68

Hattiesburg · pop 48,522 · momentum 65

Biloxi · pop 48,144 · momentum 63

Olive Branch · pop 47,365 · momentum 68

Compare to other states: All 50 state tax overviews · All Mississippi cities · Best Mississippi cities for retirees

Sources: Tax Foundation effective property tax rankings, state DOR publications, AARP retirement tax guide. 2024/2025 representative figures — verify with a CPA for your specific situation.