Taxes in Meridian
Meridian's tax picture combines a moderately elevated effective property tax rate with Mississippi's real, statewide flat income tax and full retirement-income exemption.
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Learn moreA property tax rate above the national median
Meridian's effective property tax rate ran approximately 1.65% per Ownwell -- above the national median (~1.02%) though below the Mississippi statewide median cited alongside it (~1.31%), with a real, cited zip-level spread (~1.41% to ~2.12%).
Mississippi's real, current flat income tax
Mississippi's 2026 flat income tax rate runs 4.0% on taxable income above a $10,000 zero-bracket threshold, per a real 2025 law (House Bill 1, the "Build Up Mississippi Act") that left the 2026 rate at 4.0% while accelerating future-year cuts.
A genuinely significant retirement-income exemption
Mississippi fully exempts qualified retirement income -- Social Security, pensions, IRAs, and post-retirement-requirement 401(k) distributions -- from state income tax, a genuinely significant, current retiree benefit.
Key takeaways
- Meridian's effective property tax rate (~1.65%) runs above the national median.
- Mississippi's 2026 flat 4.0% income tax (above a $10,000 threshold) applies statewide.
- Qualified retirement income (Social Security, pensions, IRAs, 401(k)s) is fully exempt from Mississippi state tax.
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