Living in Louisville, MS

Winston County

Louisville is the Winston County seat in east-central Mississippi, genuinely much smaller than the better-known Louisville, Kentucky, with a population running approximately 5,888 per this pass's research. Louisville's housing runs genuinely affordable, with one source citing a median home value of approximately $90,000, well below Mississippi's own statewide figures. Louisville's own 0.65% effective property tax rate (Ownwell) matches Mississippi's genuinely low statewide figure, and Mississippi's flat 4.0% income tax with a full retirement-income exemption applies here as it does statewide. Louisville's story is genuinely, significantly shaped by a real, catastrophic natural disaster this record discloses in full: on April 28, 2014, a high-end EF4 tornado struck the area, killing 10 people, destroying more than 300 homes and businesses, and cutting a documented 34.38-mile path -- federal and state grants subsequently funded rebuilding of Winston Medical Center and a plywood manufacturing plant, though a fully current 2026 status update on the broader community's recovery was not found with confidence this pass.

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Housing

Median sale price$90,000

A second, county-level median sale price figure reviewed this pass ran notably lower and was not consistent enough with the city-specific figure to include -- confirm directly with a local agent.

Taxes

Local effective property tax rate0.65%

Not independently sourced at the Winston County level this session. Mississippi's top state income tax rate is 4.00%. See the Mississippi hub page for the statewide property tax context -- do not treat that figure as Louisville-specific.

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The tradeoffs

Pros

Genuinely affordable housing (approximately $90,000 median); a property tax rate matching Mississippi's own genuinely low statewide figure; Mississippi's flat, low 4.0% income tax with a full retirement-income exemption; and a real manufacturing base (Taylor Machine Works) that has continued through post-tornado rebuilding.

Cons

A real, documented, catastrophic April 28, 2014 EF4 tornado struck the area, killing 10 and destroying more than 300 structures -- this record could not confirm a fully current 2026 recovery-status update with confidence; a comprehensive, current named-employer list was also not found with confidence this pass.

Who this fits

Best for: Best fits budget-conscious movers prioritizing genuinely low home prices and Mississippi's low taxes, comfortable with a small, car-dependent east-central-Mississippi county seat and wanting to confirm current tornado-recovery status and homeowners-insurance terms directly given the area's documented 2014 EF4 history.

Maybe not for you if: Probably not the right fit for movers who want to avoid an area with a real, documented, catastrophic recent tornado history, or who need a large local job market or reliable nearby major-airport access.

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Last reviewed: 2026-08-28. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.