Mississippi

Financial data for local governments across Mississippi

113 Cities

82 Counties

168 Towns

19 Villages

125 CDPs

Tax Snapshot (Beta)

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Mississippi.

Component	Summary	Effective	Coverage	Sources
MS state individual income tax	Mississippi taxes the first $10,000 of taxable income at 0%, and taxes taxable income above $10,000 at 4.0% for tax year 2026.	Tax year 2026 rate schedule.	Rate missing	Mississippi individual tax rates guidance
MS sales and use tax (base)	Mississippi regular retail sales tax rate is 7%.	Current Mississippi Department of Revenue guidance (as accessed April 19, 2026).	Rate missing	Mississippi sales and use taxes
MS property tax policy (ad valorem local administration)	Mississippi property taxes are ad valorem taxes used to support county and city governments and local school districts, with local tax assessors handling valuation.	Current Mississippi Department of Revenue guidance (as accessed April 19, 2026).	Needs review	Mississippi local property appraisal

Retirement income taxes in Mississippi

Tax year 2026. Verified 2026-10-16.

Retirement income

Social Security

Not taxed: exempt from the state income tax.

Sources (6)

Miss. Code Ann. § 27-7-15(4)(k), as brought forward in HB 4014 (2026, As Introduced)
Miss. Code Ann. § 27-7-15(4), opening clause, as brought forward in HB 4014 (2026 Reg. Sess., As Introduced); the list of exclusions from gross income holds 44 paragraphs in current lettering, (a) through (pp), (rr) and (ss); last read: (ss) (the bill's proposed (ss), NIL compensation, is not law: the bill died)
DOR Individual Income Tax FAQ, 'Is Social Security taxable in Mississippi?'
2025 instructions (Rev. 12/25), Line 46, printed page 11
Miss. Code Ann. § 27-7-15(4)(k), whole paragraph (the print)
Miss. Code Ann. § 27-7-15(4), opening clause (the print of 2026-10-16; the list of exclusions from gross income, 44 paragraphs, (a) to (pp), (rr) and (ss))

Government pensions and plans, in-state and federal

Not taxed, with one exception: withdrawals taken before the recipient reaches the plan's retirement age or service requirement (early distributions on the federal return) are taxed.

Sources (12)

Government pensions and plans from other states

Not taxed, with one exception: withdrawals taken before the recipient reaches the plan's retirement age or service requirement (early distributions on the federal return) are taxed.

Sources (9)

Military retired pay

Not taxed: exempt from the state income tax.

Sources (5)

Private pensions

Not taxed, with one exception: withdrawals taken before the recipient reaches the plan's retirement age or service requirement (early distributions on the federal return) are taxed.

Sources (10)

Private employer plan withdrawals (401(k) and similar)

Not taxed, with one exception: withdrawals, and deferred compensation, taken before the recipient meets the plan's minimum age, years-of-service or other retirement requirement are taxed.

Sources (10)

IRA withdrawals

Not taxed, with one exception: early withdrawals, taxed as early distributions on the federal return, are taxed.

Sources (10)

Dividends and interest

Taxed.

Sources (14)

Capital gains

Taxed.

Sources (12)

A deduction for all income, by age or low income

Yes: By age: an additional exemption of $1,500 for a taxpayer, and another $1,500 for a spouse, who has attained age 65 before the close of the taxable year, allowed as a deduction in computing taxable income from every source, with no income test.

Sources (7)

Other state taxes on this income

None.

Sources (7)

Local income taxes

None.

This rests on a search, not on a ban. We found no Mississippi local government levying an income, wage or payroll tax for tax year 2026, and the Census Bureau's FY2022 count shows none of 918 Mississippi local governments with an individual income tax. The state legislature's home-rule statutes give county boards of supervisors power over "county affairs, property and finances" and municipal governing authorities power over "municipal affairs, property and finances", but each section says it does not authorize them to levy taxes (counties: "other than those authorized by statute"; municipalities: "of any kind") unless "specifically authorized by another statute or law of the State of Mississippi", and we found no statute that authorizes a local tax on income, wages or payroll; a 2003 bill to "authorize certain cities to levy a local income tax" died in committee. The local privilege license tax that state law tells counties and municipalities to "levy, assess and collect" falls on businesses for "the privilege of engaging or continuing in the business", scaled by number of employees, not on an employee's wages or retirement income.

Sources (14)

Estate and inheritance taxes

Estate tax

Conditional: nothing is collected today. The law imposes a tax on the transfer of every decedent's net estate, measured by the federal credit for state death taxes (the statute's words: 'the maximum amount of state death tax credit permissible as a credit or deduction in computing any federal estate tax payable by the estate according to the act of Congress in effect, on the date of the death of the decedent'), which federal law has not allowed for a death after December 31, 2004, so the Department of Revenue says no estate tax return is required for a death on or after January 1, 2005; the tax would revive, with no new state law, if Congress restored the credit.

Sources (13)

Inheritance tax