Does Mississippi or Rhode Island have lower taxes? We answer that in a variety of ways below:
Mississippi vs Rhode Island Income Tax Comparison
Mississippi | Rhode Island | |
Income Tax Rates & Thresholds |
|
|
Median Income | $48,610 | $80,650 |
Income Tax Paid On Median Household Income | $5,789 | $13,023 |
Income After Tax Based on Median Household Income | $42,821 | $67,627 |
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Mississippi vs Rhode Island Property Tax Comparison
Mississippi | Rhode Island | |
Average Property Tax Rate | 0.55% | 1.01% |
Average House Price By State | $171,998 | $442,945 |
Average Property Tax Owed Per Year | $946 | $4,474 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $41,875 | $63,153 |
Mississippi vs Rhode Island Sales Tax Comparison
Mississippi | Rhode Island | |
Average State Sales Tax | 7.00% | 7.00% |
Average Local Sales Tax Across the State | 0.07% | 0.00% |
Average Combined Sales Tax Rate | 7.07% | 7.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $2,765 | $4,132 |
Maximum Disposable Income Based on Median Household Income | $39,110 | $59,022 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Mississippi | Rhode Island | |
Income Tax Owed | $4,325 | $4,029 |
After Tax Income | $35,675 | $35,971 |
Income After Income & Property Tax | $34,729 | $31,497 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,436 | $29,437 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Mississippi | Rhode Island | |
Income Tax Owed | $8,253 | $7,706 |
After Tax Income | $51,747 | $52,294 |
Income After Income & Property Tax | $50,801 | $47,820 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,447 | $44,692 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Mississippi | Rhode Island | |
Income Tax Owed | $13,653 | $12,856 |
After Tax Income | $66,347 | $67,144 |
Income After Income & Property Tax | $65,401 | $62,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,082 | $58,570 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Mississippi | Rhode Island | |
Income Tax Owed | $19,053 | $18,187 |
After Tax Income | $80,947 | $81,813 |
Income After Income & Property Tax | $80,001 | $77,339 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,718 | $72,280 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Mississippi | Rhode Island | |
Income Tax Owed | $12,351 | $11,252 |
After Tax Income | $87,649 | $88,748 |
Income After Income & Property Tax | $86,703 | $84,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,978 | $78,761 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Mississippi | Rhode Island | |
Income Tax Owed | $24,906 | $23,682 |
After Tax Income | $125,094 | $126,318 |
Income After Income & Property Tax | $124,148 | $121,844 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,950 | $113,873 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Mississippi | Rhode Island | |
Income Tax Owed | $38,406 | $37,276 |
After Tax Income | $161,594 | $162,724 |
Income After Income & Property Tax | $160,648 | $158,250 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,040 | $147,897 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Mississippi | Rhode Island | |
Income Tax Owed | $52,825 | $52,190 |
After Tax Income | $197,175 | $197,810 |
Income After Income & Property Tax | $196,229 | $193,336 |
Maximum Disposable Income After Income, Property & Sales Taxes | $183,272 | $180,688 |
FAQ
Does Mississippi or Rhode Island have lower income taxes?
Mississippi’s income tax falls into the following range:
- 4.00%: $5,000-$10,000
- 5.00%: $10,001+
Whereas Rhode Island’s income tax is the following
- 3.75%: $0-$68,200
- 4.75%: $68,201-$155,050
- 5.99%: $155,051+
Does Mississippi or Rhode Island have lower property taxes?
Mississippi has an average property tax rate of 0.55%
In comparison, Rhode Island has an average property tax rate of 1.01%
Does Mississippi or Rhode Island 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, Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
Do you get to keep more money in Mississippi or Rhode Island?
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, Rhode Island gives you $59,022.
More Comparisons:
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Mississippi vs North Dakota
Mississippi vs Alaska
Mississippi vs Washington DC
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