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Stone
Stone
Kentucky
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Stone is an unincorporated community and coal town in Pike County, Kentucky, United States. It was established in 1912. Stone was a mining community named for Galen Stone, head of the Pond Creek Coal Company which was based in Stone. In 1922 the Pond Creek Coal Company was sold to Fordson Coal Company, which was a subsidiary of Ford Motor Company. In 1936 Fordson sold the mine at Stone to Eastern Coal Company. Stone is located just across the Tug Fork from Williamson, West Virginia, upstream from Belfry, Kentucky, on Pond Creek.

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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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