Ninety-five percent of its homes were taken by the storm ; 100 percent of the town 's businesses . Five years after Hurricane Katrina , Waveland , Louisiana , regains what it lost . 2005 : ` ` We were wiped off the face of the earth '' Town has recovered about 65 percent of its businesses since the storm . About two - thirds of the town 's residents have returned .
Five years after Hurricane Katrina , Waveland , Louisiana , regains what it lost . 2005 : ` ` We were wiped off the face of the earth '' Town has recovered about 65 percent of its businesses since the storm . About two - thirds of the town 's residents have returned .