North Carolina vs Mississippi Taxes: Income, Property & Sales

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

North Carolina vs Mississippi Income Tax Comparison

	North Carolina	Mississippi
Income Tax Rates & Thresholds	4.99%	4.00%: $5,000-$10,000 5.00%: $10,001+
Median Income	$65,070	$48,610
Income Tax Paid On Median Household Income	$9,694	$5,789
Income After Tax Based on Median Household Income	$55,376	$42,821

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North Carolina vs Mississippi Property Tax Comparison

	North Carolina	Mississippi
Average Property Tax Rate	0.52%	0.55%
Average House Price By State	$321,447	$171,998
Average Property Tax Owed Per Year	$1,672	$946
Income After Income Taxes & Property Taxes Based On Median State Household Income	$53,704	$41,875

North Carolina vs Mississippi Sales Tax Comparison

	North Carolina	Mississippi
Average State Sales Tax	4.75%	7.00%
Average Local Sales Tax Across the State	2.23%	0.07%
Average Combined Sales Tax Rate	6.98%	7.07%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,504	$2,765
Maximum Disposable Income Based on Median Household Income	$50,200	$39,110

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

	North Carolina	Mississippi
Income Tax Owed	$4,400	$4,325
After Tax Income	$35,600	$35,675
Income After Income & Property Tax	$33,928	$34,729
Maximum Disposable Income After Income, Property & Sales Taxes	$31,715	$32,436

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

	North Carolina	Mississippi
Income Tax Owed	$8,326	$8,253
After Tax Income	$51,674	$51,747
Income After Income & Property Tax	$50,002	$50,801
Maximum Disposable Income After Income, Property & Sales Taxes	$46,740	$47,447

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

	North Carolina	Mississippi
Income Tax Owed	$13,724	$13,653
After Tax Income	$66,276	$66,347
Income After Income & Property Tax	$64,604	$65,401
Maximum Disposable Income After Income, Property & Sales Taxes	$60,389	$61,082

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

	North Carolina	Mississippi
Income Tax Owed	$19,122	$19,053
After Tax Income	$80,878	$80,947
Income After Income & Property Tax	$79,206	$80,001
Maximum Disposable Income After Income, Property & Sales Taxes	$74,039	$74,718

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

	North Carolina	Mississippi
Income Tax Owed	$12,198	$12,351
After Tax Income	$87,802	$87,649
Income After Income & Property Tax	$86,130	$86,703
Maximum Disposable Income After Income, Property & Sales Taxes	$80,511	$80,978

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

	North Carolina	Mississippi
Income Tax Owed	$24,748	$24,906
After Tax Income	$125,252	$125,094
Income After Income & Property Tax	$123,580	$124,148
Maximum Disposable Income After Income, Property & Sales Taxes	$115,517	$115,950

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

	North Carolina	Mississippi
Income Tax Owed	$38,243	$38,406
After Tax Income	$161,757	$161,594
Income After Income & Property Tax	$160,085	$160,648
Maximum Disposable Income After Income, Property & Sales Taxes	$149,641	$150,040

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

	North Carolina	Mississippi
Income Tax Owed	$52,657	$52,825
After Tax Income	$197,343	$197,175
Income After Income & Property Tax	$195,671	$196,229
Maximum Disposable Income After Income, Property & Sales Taxes	$182,905	$183,272

FAQ

Does North Carolina or Mississippi have lower income taxes?

North Carolina’s income tax falls into the following range: 4.99%

Whereas Mississippi’s income tax is the following

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

Does North Carolina or Mississippi have lower property taxes?

North Carolina has an average property tax rate of 0.52%

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

Does North Carolina or Mississippi have lower sales taxes?

North Carolina has a state sales tax rate of 4.75% and an average local rate of 2.23% for a combined total rate of 6.98%.

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 North Carolina or Mississippi?

Based on median household income after income, property and sales taxes North Carolina gives you a maximum amount of disposable income of $50,200

In comparison, Mississippi gives you $39,110.

More Comparisons:

North Carolina vs Kansas
North Carolina vs New Mexico
North Carolina vs Nebraska
North Carolina vs Idaho
North Carolina 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/