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Walnut Grove
Walnut Grove
Mississippi
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1.5 out of 5 stars based on 0 ratings
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Walnut Grove is a town in Leake County, Mississippi. The population was 1,911 at the 2010 census. Under the leadership of eight-term mayor, William Grady Smith, one of the longest-serving mayors in the state, the town had dramatically increased its population and revenues by annexing the Walnut Grove Youth Correctional Facility, privately owned and operated under contract to the state. By 2011 this was the largest juvenile facility in the nation. The troubled facility was closed in 2016. Golden Memorial State Park is located east of the town.

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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.

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