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Betsy Layne

Learn about the people, housing, costs and businesses in Betsy Layne, Kentucky

Median Home$117,821
Median Rent$1,053/month
Population789
Leading IndustriesPublic Administration · Education26% public administration
Home Value Growth+0.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
Betsy Layne
KY

Frequently Asked Questions

What are today's mortgage rates in Betsy Layne?

As of today, the 30-year fixed mortgage rate for Betsy Layne is approximately 6.969% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Betsy Layne?

The median home value in Betsy Layne is $118k. The median monthly rent is $1,053. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Betsy Layne?

Home values in Betsy Layne have increased 0.3% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Betsy Layne?

Based on a typical all-in ownership cost of $1,006/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Betsy Layne is $45k/year.

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What industries drive the economy in Betsy Layne?

The largest employment sectors in Betsy Layne are public administration (26%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.