Mississippi
Overall Rating for Taxes on Retirees: Most tax-friendly
State Sales Tax: 7% state levy. Only two localties, Jackson (1%) and Tupelo (0.25%) add to that, making the average combined rate is 7.07%, according to the Tax Foundation. Groceries are fully taxable.
State Income Tax Range: Low: 3% (on less than $5,000 of taxable income); High: 5% (on more than $10,000 of taxable income)
State Taxes on Social Security: Benefits are not taxed.
Property Taxes: The median property tax on Mississippi’s median home value of $105,700 is $841.
