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Gunlock
Gunlock
Kentucky
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Gunlock is an unincorporated community in Magoffin County, Kentucky, United States. It lies along Route 7 southeast of the city of Salyersville, the county seat of Magoffin County. Its elevation is 1,001 feet (305 m). A post office was established in the community in 1936. The first postmaster is said to have taken the name Gunlock from a newspaper article he read about a western ranch. Its post office, with the ZIP code of 41632, closed in 1998.

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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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