Betsy Layne, KY is a small town located in Floyd County. It is known for its tight-knit community and beautiful scenery. The median rent for a two bedroom apartment is $670, which is much less than the national average of $1,430. Prices for groceries are also lower than the national average with an index of 99 versus 100 in the US. Local businesses include Betsy Layne General Store, Lebanon Junction Grocery & Carry Out, Walker Gas Station, Big Sandy Pharmacy, and C&J Grocery & Produce. These businesses offer goods and services at reasonable prices making life in Betsy Layne more affordable than many other places in the United States.
Betsy Layne has an unemployment rate of 7.5%. The US average is 6.0%.
Betsy Layne has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Betsy Layne
- The Sales Tax Rate for Betsy Layne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Betsy Layne is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Betsy Layne
- The average income of a Betsy Layne resident is $19,093 a year. The US average is $28,555 a year.
- The Median household income of a Betsy Layne resident is $40,612 a year. The US average is $69,021 a year.