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Betsy Layne
Betsy Layne
Kentucky
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Betsy Layne is a census-designated place (CDP) and coal town in Floyd County, Kentucky, United States. It was established in 1875 along the Levisa Fork. The post office opened on May 1, 1908, with Clayton L. Hitchins as postmaster. Its ZIP code is 41605. The 2010 census reported the population to be 688. Stage actress Bette Henritze (born 1924) is a native of Betsy Layne. Betsy Layne is located along the eastern border of Floyd County at 37°33′05″N 82°38′01″W (37.5514880, -82.6334884) and at an elevation of 650 ft (198 m). It is bordered to the east by Pike County. U.S. Route 23 passes through the community, leading northwest 13 miles (21 km) to Prestonsburg and southeast 12 miles (19 km) to Pikeville.

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Taxes

B+

How did Kentucky earn the grade of B+? We examined the state taxes based on how age friendly they are. Kentucky has a state sales tax of 6.00%. Of particular interest is that Kentucky does not have taxes on social security. There are no estate taxes. There are taxes imposed on inheritance. Kentucky has an effective property tax rate of 0.85%. Weighing these taxes and other taxes most likely to impact the aging population is how Kentucky earned its state tax grade of B+.

Learn more about taxes in Kentucky

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