The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Georgetown, Kentucky is a mid-sized city with a population of 34,362 people. According to the most recent Census, 84% of Georgetown residents are White, 6% Black and 2% Asian. With an average age of 33 years old, Georgetown could be a great place to live for young adults as this age is well below the national average. If you are not a fan of long commutes, you will enjoy living in Georgetown. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Georgetown, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Georgetown and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.
The livability score in Georgetown is 76/100 and the city is ranked in the 91st percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Georgetown could be a great choice! Another exciting tidbit, is that Georgetown ranks better than 90% of all US cities! There are nine total categories that form the livability score. Georgetown scores well for crime (B+), cost of living (A+), employment (B) and housing (A+) There are some categories that Georgetown scores poorly for, including: amenities (D). It might be worth taking a closer look to figure out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Georgetown shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 113 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Georgetown has an unemployment rate of 2.04% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Georgetown can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Georgetown is real estate affordability. Median real estate prices in Georgetown come in at $176,300, which is 39.8% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Georgetown, the home price to income ratio is 2.6, which is 7.1% lower than the Kentucky average.
Statistic | Georgetown | Kentucky | National |
Average one way commute | 20min | 23min | 26min |
Workers who drive to work | 81.0% | 82.2% | 76.4% |
Workers who carpool | 10.7% | 9.7% | 9.3% |
Workers who take public transit | 0.1% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 1.3% | 2.4% | 2.8% |
Working from home | 6.1% | 3.3% | 4.6% |