Paycheck Atlas

Is $40k a good salary in Jackson, MS?

tight A $40k salary is 35% below the median household income here ($61,644). After tax you take home about $2,727 a month, and median rent ($1,072) takes 39% of that.

$32,720 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Mississippi income tax (approx.)−$1,600
Monthly take-home$2,727
Every two weeks$1,258
$44,920What $40k buys in Jackson, MS, expressed in average-US prices (price level 89.0).
39%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Jackson, MS

Other salaries in Jackson, MS

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.