Mississippi vs Nebraska Taxes: Income, Property & Sales

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

Mississippi vs Nebraska Income Tax Comparison

	Mississippi	Nebraska
Income Tax Rates & Thresholds	4.00%: $5,000-$10,000 5.00%: $10,001+	2.46%: $0-$3,440 3.51%: $3,440-$20,590 5.01%: $20,590-$33,180 6.84%: $33,181+
Median Income	$48,610	$78,360
Income Tax Paid On Median Household Income	$5,789	$13,912
Income After Tax Based on Median Household Income	$42,821	$64,448

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Mississippi vs Nebraska Property Tax Comparison

	Mississippi	Nebraska
Average Property Tax Rate	0.55%	1.36%
Average House Price By State	$171,998	$255,447
Average Property Tax Owed Per Year	$946	$3,474
Income After Income Taxes & Property Taxes Based On Median State Household Income	$41,875	$60,974

Mississippi vs Nebraska Sales Tax Comparison

	Mississippi	Nebraska
Average State Sales Tax	7.00%	5.50%
Average Local Sales Tax Across the State	0.07%	1.44%
Average Combined Sales Tax Rate	7.07%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,765	$3,957
Maximum Disposable Income Based on Median Household Income	$39,110	$57,017

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

	Mississippi	Nebraska
Income Tax Owed	$4,325	$4,331
After Tax Income	$35,675	$35,669
Income After Income & Property Tax	$34,729	$32,195
Maximum Disposable Income After Income, Property & Sales Taxes	$32,436	$30,106

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

	Mississippi	Nebraska
Income Tax Owed	$8,253	$8,617
After Tax Income	$51,747	$51,383
Income After Income & Property Tax	$50,801	$47,909
Maximum Disposable Income After Income, Property & Sales Taxes	$47,447	$44,800

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

	Mississippi	Nebraska
Income Tax Owed	$13,653	$14,385
After Tax Income	$66,347	$65,615
Income After Income & Property Tax	$65,401	$62,141
Maximum Disposable Income After Income, Property & Sales Taxes	$61,082	$58,108

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

	Mississippi	Nebraska
Income Tax Owed	$19,053	$20,153
After Tax Income	$80,947	$79,847
Income After Income & Property Tax	$80,001	$76,373
Maximum Disposable Income After Income, Property & Sales Taxes	$74,718	$71,417

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

	Mississippi	Nebraska
Income Tax Owed	$12,351	$12,445
After Tax Income	$87,649	$87,555
Income After Income & Property Tax	$86,703	$84,081
Maximum Disposable Income After Income, Property & Sales Taxes	$80,978	$78,624

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

	Mississippi	Nebraska
Income Tax Owed	$24,906	$25,920
After Tax Income	$125,094	$124,080
Income After Income & Property Tax	$124,148	$120,606
Maximum Disposable Income After Income, Property & Sales Taxes	$115,950	$112,779

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

	Mississippi	Nebraska
Income Tax Owed	$38,406	$40,340
After Tax Income	$161,594	$159,660
Income After Income & Property Tax	$160,648	$156,186
Maximum Disposable Income After Income, Property & Sales Taxes	$150,040	$146,050

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

	Mississippi	Nebraska
Income Tax Owed	$52,825	$55,679
After Tax Income	$197,175	$194,321
Income After Income & Property Tax	$196,229	$190,847
Maximum Disposable Income After Income, Property & Sales Taxes	$183,272	$178,462

FAQ

Does Mississippi or Nebraska have lower income taxes?

Mississippi’s income tax falls into the following range:

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

Whereas Nebraska’s income tax is the following

• 2.46%: $0-$3,440
• 3.51%: $3,440-$20,590
• 5.01%: $20,590-$33,180
• 6.84%: $33,181+

Does Mississippi or Nebraska have lower property taxes?

Mississippi has an average property tax rate of 0.55%

In comparison, Nebraska has an average property tax rate of 1.36%

Does Mississippi or Nebraska 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, Nebraska has a state sales tax rate of 5.50% and an average local rate of 1.44% for a combined total rate of 6.94%.

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

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, Nebraska gives you $57,017.

More Comparisons:

Mississippi vs Idaho
Mississippi vs West Virginia
Mississippi vs Hawaii
Mississippi vs New Hampshire
Mississippi vs Maine

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/