Louisiana vs Mississippi Taxes: Income, Property & Sales

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

Louisiana vs Mississippi Income Tax Comparison

	Louisiana	Mississippi
Income Tax Rates & Thresholds	1.85%: $0-$12,500 3.50%: $12,501-$50,000 4.25%: $50,001+	4.00%: $5,000-$10,000 5.00%: $10,001+
Median Income	$58,330	$48,610
Income Tax Paid On Median Household Income	$7,307	$5,789
Income After Tax Based on Median Household Income	$51,023	$42,821

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Louisiana vs Mississippi Property Tax Comparison

	Louisiana	Mississippi
Average Property Tax Rate	0.53%	0.55%
Average House Price By State	$200,947	$171,998
Average Property Tax Owed Per Year	$1,065	$946
Income After Income Taxes & Property Taxes Based On Median State Household Income	$49,958	$41,875

Louisiana vs Mississippi Sales Tax Comparison

	Louisiana	Mississippi
Average State Sales Tax	4.45%	7.00%
Average Local Sales Tax Across the State	5.10%	0.07%
Average Combined Sales Tax Rate	9.55%	7.07%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,355	$2,765
Maximum Disposable Income Based on Median Household Income	$45,603	$39,110

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

	Louisiana	Mississippi
Income Tax Owed	$4,077	$4,325
After Tax Income	$35,923	$35,675
Income After Income & Property Tax	$34,858	$34,729
Maximum Disposable Income After Income, Property & Sales Taxes	$31,819	$32,436

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

	Louisiana	Mississippi
Income Tax Owed	$7,745	$8,253
After Tax Income	$52,255	$51,747
Income After Income & Property Tax	$51,190	$50,801
Maximum Disposable Income After Income, Property & Sales Taxes	$46,728	$47,447

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

	Louisiana	Mississippi
Income Tax Owed	$12,995	$13,653
After Tax Income	$67,005	$66,347
Income After Income & Property Tax	$65,940	$65,401
Maximum Disposable Income After Income, Property & Sales Taxes	$60,192	$61,082

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

	Louisiana	Mississippi
Income Tax Owed	$18,245	$19,053
After Tax Income	$81,755	$80,947
Income After Income & Property Tax	$80,690	$80,001
Maximum Disposable Income After Income, Property & Sales Taxes	$73,656	$74,718

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

	Louisiana	Mississippi
Income Tax Owed	$11,253	$12,351
After Tax Income	$88,747	$87,649
Income After Income & Property Tax	$87,682	$86,703
Maximum Disposable Income After Income, Property & Sales Taxes	$80,038	$80,978

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

	Louisiana	Mississippi
Income Tax Owed	$23,366	$24,906
After Tax Income	$126,634	$125,094
Income After Income & Property Tax	$125,569	$124,148
Maximum Disposable Income After Income, Property & Sales Taxes	$114,623	$115,950

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

	Louisiana	Mississippi
Income Tax Owed	$36,491	$38,406
After Tax Income	$163,509	$161,594
Income After Income & Property Tax	$162,444	$160,648
Maximum Disposable Income After Income, Property & Sales Taxes	$148,283	$150,040

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

	Louisiana	Mississippi
Income Tax Owed	$50,535	$52,825
After Tax Income	$199,465	$197,175
Income After Income & Property Tax	$198,400	$196,229
Maximum Disposable Income After Income, Property & Sales Taxes	$181,105	$183,272

FAQ

Does Louisiana or Mississippi have lower income taxes?

Louisiana’s income tax falls into the following range:

• 1.85%: $0-$12,500
• 3.50%: $12,501-$50,000
• 4.25%: $50,001+

Whereas Mississippi’s income tax is the following

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

Does Louisiana or Mississippi have lower property taxes?

Louisiana has an average property tax rate of 0.53%

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

Does Louisiana or Mississippi have lower sales taxes?

Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.

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 Louisiana or Mississippi?

Based on median household income after income, property and sales taxes Louisiana gives you a maximum amount of disposable income of $45,603

In comparison, Mississippi gives you $39,110.

More Comparisons:

Louisiana vs Kansas
Louisiana vs New Mexico
Louisiana vs Nebraska
Louisiana vs Idaho
Louisiana 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/