See your real net paycheck in Jackson for 2026. Break down federal tax, state income tax, Social Security, and Medicare, then view weekly, biweekly, and monthly take-home pay.
Last updated: May 2026 · Data: U.S. Census, BLS, IRS, state and city sources
Jackson median household income: $40,000 · Avg 1BR rent: $950/mo
Mississippi levies a state income tax (Flat 4.7%) that comes out of every Jackson paycheck on top of federal tax and FICA. Mississippi exempts the first $10,000 of taxable income and applies a flat 4.7% rate above that threshold. The state has been phasing out its income tax on lower brackets.
| Gross Salary | Annual Take-Home | Monthly Take-Home | Effective Tax Rate |
|---|---|---|---|
| $40,000 | $33,474 | $2,789 | 16.3% |
| $60,000 | $48,604 | $4,050 | 19.0% |
| $80,000 | $62,081 | $5,173 | 22.4% |
| $120,000 | $88,308 | $7,359 | 26.4% |
| $160,000 | $113,768 | $9,481 | 28.9% |
Single filer, standard deduction, no pre-tax deductions. Estimates only.
Jackson is the capital and largest city in Mississippi, anchored by state government, the University of Mississippi Medical Center, healthcare, and a regional role in finance, telecommunications, and distribution.
| Local Metric | Jackson (2026 estimate) |
|---|---|
| Metro population | 145,000 |
| County / jurisdiction | Hinds County |
| Cost of living index (US avg = 100) | 79 |
| Regional living wage, single adult | $18.00/hour |
| Regional living wage, one earner supporting a family of four | $37.50/hour |
| Applicable minimum wage | $7.25/hour |
| Average rent, 1-bedroom | $950/month |
| Average rent, 2-bedroom | $1,150/month |
| Median home price | $150,000 |
| Median household income | $40,000/year |
| Combined sales tax rate | 8% |
| Effective property tax rate | 0.8% of value/year |
Local figures are 2026 estimates compiled from U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
On a $40,000 salary (single, standard deduction) in Jackson, estimated take-home pay is roughly $33,474/year. With median household income near $40,000 and average 1-bedroom rent of $950/month, housing alone can take a large share of net pay.
Federal income tax and FICA (Social Security 6.2% up to $176,100, Medicare 1.45%) apply to every worker. Mississippi state income tax (Flat 4.7%) also applies in Jackson.
Jackson does not impose a city income tax. Your paycheck reflects federal tax, Mississippi state tax, and FICA.
For the 2025 tax year filed in 2026, the federal standard deduction is $15,000 (single) and $30,000 (married filing jointly). This calculator applies it before computing federal and state income tax.
Contribute more to a pre-tax 401(k) or 403(b), use an HSA or FSA, and claim eligible deductions. These reduce federal and Mississippi state income tax, though most do not reduce Social Security or Medicare.