Mississippi vs Alaska Taxes: Income, Property & Sales

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

Mississippi vs Alaska Income Tax Comparison

	Mississippi	Alaska
Income Tax Rates & Thresholds	4.00%: $5,000-$10,000 5.00%: $10,001+	None
Median Income	$48,610	$89,740
Income Tax Paid On Median Household Income	$5,789	$12,511
Income After Tax Based on Median Household Income	$42,821	$77,229

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Mississippi vs Alaska Property Tax Comparison

	Mississippi	Alaska
Average Property Tax Rate	0.55%	0.97%
Average House Price By State	$171,998	$364,964
Average Property Tax Owed Per Year	$946	$3,540
Income After Income Taxes & Property Taxes Based On Median State Household Income	$41,875	$73,689

Mississippi vs Alaska Sales Tax Comparison

	Mississippi	Alaska
Average State Sales Tax	7.00%	0.00%
Average Local Sales Tax Across the State	0.07%	1.76%
Average Combined Sales Tax Rate	7.07%	1.76%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,765	$1,274
Maximum Disposable Income Based on Median Household Income	$39,110	$72,414

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

	Mississippi	Alaska
Income Tax Owed	$4,325	$3,040
After Tax Income	$35,675	$36,960
Income After Income & Property Tax	$34,729	$33,420
Maximum Disposable Income After Income, Property & Sales Taxes	$32,436	$32,842

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

	Mississippi	Alaska
Income Tax Owed	$8,253	$5,968
After Tax Income	$51,747	$54,032
Income After Income & Property Tax	$50,801	$50,492
Maximum Disposable Income After Income, Property & Sales Taxes	$47,447	$49,619

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

	Mississippi	Alaska
Income Tax Owed	$13,653	$10,368
After Tax Income	$66,347	$69,632
Income After Income & Property Tax	$65,401	$66,092
Maximum Disposable Income After Income, Property & Sales Taxes	$61,082	$64,949

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

	Mississippi	Alaska
Income Tax Owed	$19,053	$14,768
After Tax Income	$80,947	$85,232
Income After Income & Property Tax	$80,001	$81,692
Maximum Disposable Income After Income, Property & Sales Taxes	$74,718	$80,279

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

	Mississippi	Alaska
Income Tax Owed	$12,351	$8,481
After Tax Income	$87,649	$91,519
Income After Income & Property Tax	$86,703	$87,979
Maximum Disposable Income After Income, Property & Sales Taxes	$80,978	$86,457

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

	Mississippi	Alaska
Income Tax Owed	$24,906	$18,536
After Tax Income	$125,094	$131,464
Income After Income & Property Tax	$124,148	$127,924
Maximum Disposable Income After Income, Property & Sales Taxes	$115,950	$125,711

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

	Mississippi	Alaska
Income Tax Owed	$38,406	$29,536
After Tax Income	$161,594	$170,464
Income After Income & Property Tax	$160,648	$166,924
Maximum Disposable Income After Income, Property & Sales Taxes	$150,040	$164,037

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

	Mississippi	Alaska
Income Tax Owed	$52,825	$41,455
After Tax Income	$197,175	$208,545
Income After Income & Property Tax	$196,229	$205,005
Maximum Disposable Income After Income, Property & Sales Taxes	$183,272	$201,459

FAQ

Does Mississippi or Alaska have lower income taxes?

Mississippi’s income tax falls into the following range:

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

Whereas Alaska’s income tax is the following None

Does Mississippi or Alaska have lower property taxes?

Mississippi has an average property tax rate of 0.55%

In comparison, Alaska has an average property tax rate of 0.97%

Does Mississippi or Alaska have lower sales taxes?

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%.

In contrast, Alaska has a state sales tax rate of 0.00% and an average local rate of 1.76% for a combined total rate of 1.76%.

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

Based on median household income after income, property and sales taxes Mississippi gives you a maximum amount of disposable income of $39,110

In comparison, Alaska gives you $72,414.

More Comparisons:

Mississippi vs Washington DC
Mississippi vs Vermont
Mississippi vs Wyoming
Kansas vs New Mexico
Kansas vs Nebraska

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/