Tax Revenue in Mississippi

$7.8 billion
Total state tax revenue
2023

Historical data

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Long-run charts for this indicator are on the way.

Compared to the United States

Coming soon

Side-by-side comparison of Mississippi vs. the U.S. average.

National ranking

How states rank by state tax revenue per capita.

#1Texas82,300,000,000
#2Maine$5,100,000,000
#3Rhode Island$4,900,000,000
#4Montana$4,200,000,000
#5New Hampshire$3,400,000,000
#6New Jersey$5,700
#7Wisconsin$3,700
#8Washington$3,700
#9Virginia$3,500
#10Michigan$3,500
#11Arizona$3,200
#12North Carolina$3,100
#13Georgia$2,950
#14Ohio$2,860
#15Florida58
#16Illinois57
#17Massachusetts$44
#18Wyoming40%
#19New Mexico35%
#20Minnesota28
#21Indiana$24
#22Vermont$18
#23Colorado17
#24Missouri14
#25Utah12
#26Oregon12
#27South Dakota8.4%
#28Delaware$5.5
#29Alaska5M
#30Kentucky0
#31Louisiana0

Overview

Mississippi collected about $7.8 billion in state tax revenue in fiscal year 2023. This data point highlights how Mississippi compares on tax revenue relative to national benchmarks. Sales tax is Mississippi's single largest source of state tax revenue.

Did you know?

  • Sales tax is Mississippi's single largest source of state tax revenue.

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