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Island
Island
Kentucky
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Island is a home rule-class city in McLean County, Kentucky, in the United States. The population was 435 at the 2000 census. It is included in the Owensboro metropolitan area. It is named for Judge William Worthington's early 19th-century 8-square mile estate, known as The Island from the way high tide on the Green and other nearby rivers would maroon it from adjacent land. Between 1829 and 1860, the local post office operated as Worthington. The Owensboro and Nashville Railroad connected the area in 1872; the station and new post office were known as Island Station. Both were shortened to Island in 1882.

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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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