Betsy Layne, KY
Population 573 · Kentucky
About Betsy Layne, KY
Betsy Layne is a small community located in Kentucky with a population of 573 residents according to the latest US Census Bureau American Community Survey data. The median household income is $31,648 per year, which is 58% below the national median of $75,149. The median age of 68 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Betsy Layne features a median home value of $0, which is 100% below the national median of $244,900. This makes Betsy Layne one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $731, 37% below the national average of $1,163/month. Of the 355 total housing units, 74% are owner-occupied (225 units) and 26% are renter-occupied (79 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Betsy Layne shows an unemployment rate of 16.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 28.4%, above the national average of 12.4%. Workers in Betsy Layne have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
13.8% of Betsy Layne residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Betsy Layne, KY
Compared to national averages, Betsy Layne has a median household income of $31,648 (58% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $731 is 37% below the US average of $1,163. Within Kentucky, Betsy Layne's income is 52% below the state average of $66,273, and home values are 100% below the state median of $182,504.
Why Live in Betsy Layne, KY?
Betsy Layne offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $731/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($31,648) that falls below the national average. However, Betsy Layne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Betsy Layne has a population of 573 with a median age of 68 years. Compare Betsy Layne with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Betsy Layne
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Green Spring | 581 | $168,750 | $425,000 | Compare |
| Chaplin | 583 | $80,250 | $167,400 | Compare |
| Drakesboro | 586 | $41,500 | $76,900 | Compare |
| Artemus | 587 | $25,179 | $87,300 | Compare |
| Murray Hill | 589 | $115,625 | $385,200 | Compare |
| Strathmoor Village | 557 | $97,292 | $371,500 | Compare |
| Fleming-Neon | 555 | $37,969 | $52,700 | Compare |
| Kuttawa | 594 | $63,750 | $268,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Betsy Layne With Other Cities
Frequently Asked Questions about Betsy Layne
What is the population of Betsy Layne, KY?
The population of Betsy Layne, KY is 573 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Betsy Layne?
The median household income in Betsy Layne, KY is $31,648 per year, which is 58% below the national median of $75,149.
What is the median home value in Betsy Layne?
The median home value in Betsy Layne, KY is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Betsy Layne?
The median monthly rent in Betsy Layne, KY is $731, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Betsy Layne?
The unemployment rate in Betsy Layne, KY is 16.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Betsy Layne, KY a good place to live?
Betsy Layne offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 573 and a median age of 68, the city appeals to established professionals and retirees.
How educated is Betsy Layne, KY?
13.8% of residents in Betsy Layne aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Betsy Layne?
Key cost-of-living indicators for Betsy Layne, KY: median home value is $0 (100% below national), median rent is $731/month, and median household income is $31,648. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Betsy Layne?
The poverty rate in Betsy Layne, KY is 28.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Betsy Layne, KY?
Betsy Layne's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.