Connecticut vs Mississippi Taxes: Income, Property & Sales

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

Connecticut vs Mississippi Income Tax Comparison

	Connecticut	Mississippi
Income Tax Rates & Thresholds	3.00%: $0-$10,000 5.00%: $10,000-$50,000 5.50%: $50,001-$100,000 6.00%: $100,001-$200,000 6.50%: $200,001-$250,000 6.90%: $250,001-$500,000 6.99%: $500,001+	4.00%: $5,000-$10,000 5.00%: $10,001+
Median Income	$90,730	$48,610
Income Tax Paid On Median Household Income	$16,444	$5,789
Income After Tax Based on Median Household Income	$74,286	$42,821

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Connecticut vs Mississippi Property Tax Comparison

	Connecticut	Mississippi
Average Property Tax Rate	1.57%	0.55%
Average House Price By State	$401,285	$171,998
Average Property Tax Owed Per Year	$6,300	$946
Income After Income Taxes & Property Taxes Based On Median State Household Income	$67,986	$41,875

Connecticut vs Mississippi Sales Tax Comparison

	Connecticut	Mississippi
Average State Sales Tax	6.35%	7.00%
Average Local Sales Tax Across the State	0.00%	0.07%
Average Combined Sales Tax Rate	6.35%	7.07%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,059	$2,765
Maximum Disposable Income Based on Median Household Income	$63,926	$39,110

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

	Connecticut	Mississippi
Income Tax Owed	$4,090	$4,325
After Tax Income	$35,910	$35,675
Income After Income & Property Tax	$29,610	$34,729
Maximum Disposable Income After Income, Property & Sales Taxes	$27,842	$32,436

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

	Connecticut	Mississippi
Income Tax Owed	$8,018	$8,253
After Tax Income	$51,982	$51,747
Income After Income & Property Tax	$45,682	$50,801
Maximum Disposable Income After Income, Property & Sales Taxes	$42,954	$47,447

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

	Connecticut	Mississippi
Income Tax Owed	$13,493	$13,653
After Tax Income	$66,507	$66,347
Income After Income & Property Tax	$60,207	$65,401
Maximum Disposable Income After Income, Property & Sales Taxes	$56,612	$61,082

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

	Connecticut	Mississippi
Income Tax Owed	$18,993	$19,053
After Tax Income	$81,007	$80,947
Income After Income & Property Tax	$74,707	$80,001
Maximum Disposable Income After Income, Property & Sales Taxes	$70,246	$74,718

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

	Connecticut	Mississippi
Income Tax Owed	$11,881	$12,351
After Tax Income	$88,119	$87,649
Income After Income & Property Tax	$81,819	$86,703
Maximum Disposable Income After Income, Property & Sales Taxes	$76,934	$80,978

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

	Connecticut	Mississippi
Income Tax Owed	$24,566	$24,906
After Tax Income	$125,434	$125,094
Income After Income & Property Tax	$119,134	$124,148
Maximum Disposable Income After Income, Property & Sales Taxes	$112,021	$115,950

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

	Connecticut	Mississippi
Income Tax Owed	$38,316	$38,406
After Tax Income	$161,684	$161,594
Income After Income & Property Tax	$155,384	$160,648
Maximum Disposable Income After Income, Property & Sales Taxes	$146,106	$150,040

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

	Connecticut	Mississippi
Income Tax Owed	$53,115	$52,825
After Tax Income	$196,885	$197,175
Income After Income & Property Tax	$190,585	$196,229
Maximum Disposable Income After Income, Property & Sales Taxes	$179,205	$183,272

FAQ

Does Connecticut or Mississippi have lower income taxes?

Connecticut’s income tax falls into the following range:

• 3.00%: $0-$10,000
• 5.00%: $10,000-$50,000
• 5.50%: $50,001-$100,000
• 6.00%: $100,001-$200,000
• 6.50%: $200,001-$250,000
• 6.90%: $250,001-$500,000
• 6.99%: $500,001+

Whereas Mississippi’s income tax is the following

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

Does Connecticut or Mississippi have lower property taxes?

Connecticut has an average property tax rate of 1.57%

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

Does Connecticut or Mississippi have lower sales taxes?

Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.

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 Connecticut or Mississippi?

Based on median household income after income, property and sales taxes Connecticut gives you a maximum amount of disposable income of $63,926

In comparison, Mississippi gives you $39,110.

More Comparisons:

Connecticut vs Kansas
Connecticut vs New Mexico
Connecticut vs Nebraska
Connecticut vs Idaho
Connecticut 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/