Calculate your take-home pay in The Magnolia State. Mississippi income tax rate: 4.0%.
Mississippi has a flat 4.0% tax rate for 2025, reduced from 4.7% in 2024. The first $10,000 of taxable income is exempt. Mississippi is continuing to phase down its rate with the goal of eventual elimination.
| Item | Per Paycheck | Monthly | Annual |
|---|---|---|---|
| Gross Pay | - | - | - |
| Federal Income Tax | - | - | - |
| Mississippi State Tax | $0 | $0 | $0 |
| Social Security | - | - | - |
| Medicare | - | - | - |
| 401(k) + Pre-Tax | - | - | - |
| Take-Home Pay | - | - | - |
Mississippi has a flat income tax rate of 4.4%. This calculator estimates your take-home pay after federal income tax, state income tax, Social Security, Medicare, and any pre-tax deductions like 401(k) contributions. Enter your salary or hourly wage above to see a detailed breakdown of your paycheck.
Mississippi transitioned to a flat 4.4% tax rate after eliminating its lower brackets. The first $10,000 of income is exempt from tax. Mississippi has the lowest cost of living in the nation, which combined with moderate tax rates means strong purchasing power for residents. The state does not tax Social Security benefits or other retirement income.
Regardless of state taxes, all Mississippi workers pay federal income tax using the 2026 brackets: 10% on the first $11,925 of taxable income (single), 12% up to $48,475, 22% up to $103,350, 24% up to $197,300, 32% up to $250,525, 35% up to $626,350, and 37% on income above that. The standard deduction is $15,000 for single filers and $30,000 for married filing jointly in 2026.
All workers in Mississippi pay Social Security tax at 6.2% on wages up to $176,100 (2026) and Medicare tax at 1.45% on all wages. An additional 0.9% Medicare surtax applies to wages over $200,000 for single filers. These federal payroll taxes apply uniformly regardless of which state you live in.
Pre-tax deductions reduce your taxable income for both federal and state purposes. Contributing to a 401(k) (up to $24,500 in 2026, plus $8,000 catch-up if 50+) lowers both your federal and MS state tax bill. Health Savings Account (HSA) contributions ($4,300 individual, $8,550 family in 2026) are also pre-tax. Review your W-4 withholding: if you receive a large refund each year, you may be overwithholding, which means less money in each paycheck. The Tax Bracket Calculator shows your federal marginal and effective rates.
Mississippi has the lowest cost of living in the United States, roughly 17% below the national average. This means your take-home pay goes further here than almost anywhere else. The state's progressive income tax tops out at 5% on income above $10,000. Jackson is the primary employment center, with healthcare and government as major sectors.
At a $50,000 salary, a Mississippi resident takes home roughly $56,200 after federal taxes and the modest state income tax. Combined with the nation's lowest cost of living, that paycheck goes further than $65,000 in many coastal cities. Use the paycheck calculators to compare states side by side.