Betsy Layne, KY Profile: Facts & Data

The Betsy Layne CDP⁽¹⁾ had a population of 643 as of July 1, 2024. Betsy Layne ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Betsy Layne is located at latitude 37.5515 and longitude -82.6335 in Floyd County. The formal boundaries for the Betsy Layne Census Designated Place encompass a land area of 1.81 sq. miles and a water area of 0.03 sq. miles. Floyd County is in the Eastern time zone (GMT -5).

The Betsy Layne Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Betsy Layne Census Designated Place is located within Betsy Layne-Stanville Division of Floyd County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Betsy Layne, KY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	643 (100%)
Population in Households	643 (100.0%)
Population in Families	539 (83.8%)
Population in Group Quarters¹	0
Population Density	356
Diversity Index²	10


INCOME
Median Household Income	$40,716
Average Household Income	$66,200
% of Income for Mortgage⁴	21%
Per Capita Income	$27,489
Wealth Index⁵	53
Socioeconomic Status Index⁶	Moderate (48.7)

HOUSING
Total HU (Housing Units)	316 (100%)
Owner Occupied HU	197 (62.3%)
Renter Occupied HU	70 (22.2%)
Vacant Housing Units	49 (15.5%)
Median Home Value	$133,219
Average Home Value	$182,487
Housing Affordability Index³	124

HOUSEHOLDS
Total Households	267
Average Household Size	2.41
Family Households	184
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Betsy Layne, KY - Peer Comparisons by Rank and Percentile

The table below compares Betsy Layne to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.29%	-0.22%
Households	0.00%	0.07%
Families		0.11%
Median Household Income		3.17%
Per Capita Income		3.60%
Owner Occupied HU		1.09%

Variable Description	Rank	Percentile
Total Population	# 310	44th
Population Density	# 432	22nd
Median Household Income	# 462	17th
Housing Affordability Index	# 257	46th
Per Capita Income	# 365	34th
Diversity Index	# 484	13th

Betsy Layne, KY Profile: Facts & Data

Betsy Layne, Kentucky - Basic Facts

Betsy Layne, KY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Betsy Layne, KY - Peer Comparisons by Rank and Percentile

Betsy Layne, KY - Most Popular Things to Do

Use HTL Address Research for a Kentucky Address and get...

Quick & Easy Ways to...

Kentucky Census Data Comparison Tool

Floyd County