Pros and Cons of Living In Georgetown, Kentucky. Is Georgetown, KY a Nice Place To Live or Retire?

Georgetown, Kentucky

Moving to Georgetown In Kentucky ? Is Georgetown, KY a Nice Place To Live? Pros and Cons of Living in Georgetown, Kentucky. Find out the best and worst about to live, raise a family or retire in Georgetown.

Georgetown is a home rule-class city in Scott County, Kentucky, United States. The population was 37,086 at the 2020 census. It is the 6th-most populous city in the U.S. state of Kentucky. It is the seat of its county. It was originally called Lebanon when founded by Rev. Elijah Craig and was renamed in 1790 in honor of President George Washington. Historically, settlers were drawn to Georgetown for its Royal Spring.

It is the home of Georgetown College, a private liberal arts college. Georgetown is part of the Lexington-Fayette, KY Metropolitan Statistical Area. At one time the city served as the training camp home for the NFL's Cincinnati Bengals.

The city's growth began in the mid-1980s, when Toyota built Toyota Motor Manufacturing...

DEMOGRAPHICS

Population
34362
Unemployment
2.9%
38% NAT AVG.
Poverty
12.1%
14% NAT AVG.
Cost Of Living
92
8% NAT AVG.

ECONOMICS

Median Home Cost
$176300
23% NAT AVG.
Median Income
$66972
1% NAT AVG.
Median Rent
$940
19% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
861
3% NAT. AVG.
18% STATE AVG.
Violent Crime
63
55% NAT. AVG.
32% STATE AVG.
Property Crime
798
14% NAT. AVG.
26% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 34
People Earning < $10,000
1 in 26
People Earning < $50,000
36.5%
People With Any Degree
1 in 2.6

ETHNICITY

Ethnicity Georgetown USA
White 82.9% 60.1%
African American 6% 12.2%
American Indian 0.1% 0.6%
Asian 1.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.1% 2.8%
Hispanic 5.3% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Georgetown USA
Less than $10,000 3.9% 5.8%
$10,000 to $14,999 4.9% 4.1%
$15,000 to $24,999 6.1% 8.5%
$25,000 to $34,999 7.7% 8.6%
$35,000 to $49,999 13.9% 12.0%
$50,000 to $74,999 20.9% 17.2%
$75,000 to $99,999 14.9% 12.8%
$100,000 to $149,999 17.9% 15.6%
$150,000 to $199,999 5.7% 7.1%

EDUCATION

Education Georgetown USA
< 9th Grade 2% 5.0%
9-12th Grade 5% 7.0%
High School or GED 29% 27.0%
Other College 25% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 9% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Georgetown is a city in Kentucky state in USA with a population of 34362 residents.. The poverty rate of Georgetown is 12.1%, which is 14% lower than national average. The typical household in Georgetown earns $66972 a year, compared to the national median of $67,500. Nearly 36.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Georgetown remained 2.9%, which is 38% lower than national rate.

Cost of living in Georgetown is 92, which is 8% lower than national average. In Georgetown, only 30% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Georgetown is $176300 , which is 23% lower than national average. While median income in Georgetown remained $66972, which is 1% lower than national average.
Georgetown Scorecard

Jobs85%

Housing80%

Affordability80%

Safety60%

Amenities85%

Diversity70%

Education80%

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