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Summit
Summit
Mississippi
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Summit is a town in Pike County, Mississippi, United States. The population was 1,428 at the 2000 census. It is part of the McComb, Mississippi Micropolitan Statistical Area. The town originated as a railroad town and was named Summit because it was thought to be the highest point on the Illinois Central Railroad between New Orleans and Jackson, Tennessee, though nearby Brookhaven actually has that distinction.

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Taxes

A

How did Mississippi earn the grade of A? We examined the state taxes based on how age friendly they are. Mississippi has a state sales tax of 7.00%. Of particular interest is that Mississippi does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Mississippi has an effective property tax rate of 0.80%. Weighing these taxes and other taxes most likely to impact the aging population is how Mississippi earned its state tax grade of A.

Learn more about taxes in Mississippi

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