Tax Rates in Bay St. Louis

 

City Millage Rate:         26.75 mills

County Millage Rate:   46.46 mills

School Millage Rate:    43.13 mills

State Sales and Use Tax Rate:  7%

State Income Tax Rates:

  • Mississippi has 3 state income tax rates: 3%, 4% and 5%. These rates are the same for all filing statuses, as well as for businesses. 
     
    • For single taxpayers: 
      • 3% on the first $5,000 of taxable income.
      • 4% on taxable income between $5,001 and $10,000.
      • 5% on taxable income of $10,001 and above.
      • Married couples filing a combined return (i.e., both spouses work) can opt to have each spouse calculate tax liability separately and add the results.
  • Mississippi is very tax-friendly toward retirees. Social Security income is not taxed.  Wages are taxed at normal rates, and your marginal state tax rate is 5.90%.  Public and private pension income are not taxed.