Arkansas vs Mississippi Taxes: Income, Property & Sales

Does Arkansas or Mississippi have lower taxes? We answer that in a variety of ways below:

Arkansas vs Mississippi Income Tax Comparison

	Arkansas	Mississippi
Income Tax Rates & Thresholds	2.00%: $0-$4,300 4.00%: $4,300-$8,500 4.90%: $8,501+	4.00%: $5,000-$10,000 5.00%: $10,001+
Median Income	$53,980	$48,610
Income Tax Paid On Median Household Income	$7,352	$5,789
Income After Tax Based on Median Household Income	$46,628	$42,821

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Arkansas vs Mississippi Property Tax Comparison

	Arkansas	Mississippi
Average Property Tax Rate	0.53%	0.55%
Average House Price By State	$199,284	$171,998
Average Property Tax Owed Per Year	$1,056	$946
Income After Income Taxes & Property Taxes Based On Median State Household Income	$45,572	$41,875

Arkansas vs Mississippi Sales Tax Comparison

	Arkansas	Mississippi
Average State Sales Tax	6.50%	7.00%
Average Local Sales Tax Across the State	2.97%	0.07%
Average Combined Sales Tax Rate	9.47%	7.07%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,942	$2,765
Maximum Disposable Income Based on Median Household Income	$41,629	$39,110

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Arkansas	Mississippi
Income Tax Owed	$4,906	$4,325
After Tax Income	$35,094	$35,675
Income After Income & Property Tax	$34,038	$34,729
Maximum Disposable Income After Income, Property & Sales Taxes	$31,093	$32,436

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Arkansas	Mississippi
Income Tax Owed	$8,933	$8,253
After Tax Income	$51,067	$51,747
Income After Income & Property Tax	$50,011	$50,801
Maximum Disposable Income After Income, Property & Sales Taxes	$45,684	$47,447

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Arkansas	Mississippi
Income Tax Owed	$14,433	$13,653
After Tax Income	$65,567	$66,347
Income After Income & Property Tax	$64,511	$65,401
Maximum Disposable Income After Income, Property & Sales Taxes	$58,930	$61,082

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Arkansas	Mississippi
Income Tax Owed	$19,933	$19,053
After Tax Income	$80,067	$80,947
Income After Income & Property Tax	$79,011	$80,001
Maximum Disposable Income After Income, Property & Sales Taxes	$72,176	$74,718

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Arkansas	Mississippi
Income Tax Owed	$13,525	$12,351
After Tax Income	$86,475	$87,649
Income After Income & Property Tax	$85,419	$86,703
Maximum Disposable Income After Income, Property & Sales Taxes	$78,029	$80,978

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Arkansas	Mississippi
Income Tax Owed	$26,330	$24,906
After Tax Income	$123,670	$125,094
Income After Income & Property Tax	$122,614	$124,148
Maximum Disposable Income After Income, Property & Sales Taxes	$112,007	$115,950

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Arkansas	Mississippi
Income Tax Owed	$40,080	$38,406
After Tax Income	$159,920	$161,594
Income After Income & Property Tax	$158,864	$160,648
Maximum Disposable Income After Income, Property & Sales Taxes	$145,121	$150,040

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Arkansas	Mississippi
Income Tax Owed	$54,749	$52,825
After Tax Income	$195,251	$197,175
Income After Income & Property Tax	$194,195	$196,229
Maximum Disposable Income After Income, Property & Sales Taxes	$177,395	$183,272

FAQ

Does Arkansas or Mississippi have lower income taxes?

Arkansas’s income tax falls into the following range:

• 2.00%: $0-$4,300
• 4.00%: $4,300-$8,500
• 4.90%: $8,501+

Whereas Mississippi’s income tax is the following

• 4.00%: $5,000-$10,000
• 5.00%: $10,001+

Does Arkansas or Mississippi have lower property taxes?

Arkansas has an average property tax rate of 0.53%

In comparison, Mississippi has an average property tax rate of 0.55%

Does Arkansas or Mississippi have lower sales taxes?

Arkansas has a state sales tax rate of 6.50% and an average local rate of 2.97% for a combined total rate of 9.47%.

In contrast, Mississippi has a state sales tax rate of 7.00% and an average local rate of 0.07% for a combined total rate of 7.07%.

Do you get to keep more money in Arkansas or Mississippi?

Based on median household income after income, property and sales taxes Arkansas gives you a maximum amount of disposable income of $41,629

In comparison, Mississippi gives you $39,110.

More Comparisons:

Arkansas vs Kansas
Arkansas vs New Mexico
Arkansas vs Nebraska
Arkansas vs Idaho
Arkansas vs West Virginia

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/