Living in Georgetown, Kentucky
Cost of living, income, home prices, rent and demographics of Georgetown · Census data 2020–2024
Georgetown has 39,117 residents with a median age of 32.7. The median household income is $80,088 (26% higher than the Kentucky median), the median home value is $265,400, the median rent is $1,255/month.
Georgetown at a glance
- Population
- 39,117
- Median age
- 32.7State: 39.1
- Median household income
- $80,088State: $63,726
- Median home value
- $265,400State: $205,600
- Median rent
- $1,255/moState: $967
- Homeowners
- 62.3%
- Bachelor's degree or higher
- 34.1%
- Average commute
- 22 min
Is Georgetown a good place to live?
Pros: Median household income 26% higher than the Kentucky median; an average commute of 22 minutes; unemployment of 4.2%; a poverty rate of 12.1%.
Cons: Home values 29% higher than the state median.
The weather is best in May and August to October.
Cost of living in Georgetown
Housing is the biggest part of the cost of living. In Georgetown the median home value is $265,400, 20% lower than the U.S. median. Renters pay a median of $1,255 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,542 a month in housing costs.
Georgetown median household income
The median household income in Georgetown is $80,088 and the income per person is $36,391. 12.1% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Georgetown: homes for sale and rent
- Housing units
- 15,646
- Owner-occupied
- 62.3%
- Renter-occupied
- 37.7%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.56
Georgetown demographics
- Population
- 39,117
- Median age
- 32.7
- Under 18
- 25.6%
- 65 and older
- 10.9%
- Households
- 14,899
- Foreign-born
- 3.7%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Georgetown ›
Education in Georgetown
34.1% of adults 25 and older in Georgetown have a bachelor's degree or higher (Kentucky: 27.6%), and 12.5% have a graduate or professional degree.
Jobs and commute in Georgetown
- Unemployment rate
- 4.2%State: 4.9%
- Average commute
- 22 minState: 24 min
- Work from home
- 10.3%
- Drive alone
- 75.6%
- Public transit
- 0.1%
- Walk to work
- 1.4%
- Homes with broadband
- 92.7%
Georgetown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Georgetown | 39,117 | $80,088 | $265,400 | $1,255 |
| Stamping Ground | 994 | $62,500 | $204,300 | $1,077 |
| Sadieville | 370 | $61,125 | $203,300 | $950 |
| Midway | 1,776 | $61,650 | $243,500 | $976 |
| Paris | 10,160 | $55,839 | $186,300 | $832 |
| Cynthiana | 6,458 | $54,647 | $172,500 | $770 |
| Lexington-Fayette | 323,725 | $69,479 | $293,500 | $1,164 |
| Corinth | 226 | $51,667 | $150,000 | $646 |
| Versailles | 10,492 | $62,368 | $286,100 | $1,160 |
More for people moving to Georgetown
Georgetown ZIP code ›Weather and climate ›Living in Georgetown: FAQ
What is the median household income in Georgetown, KY?
The median household income in Georgetown is $80,088, 26% higher than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Georgetown?
The median home value in Georgetown is $265,400, compared with $205,600 in Kentucky.
How much is rent in Georgetown?
The median gross rent in Georgetown is $1,255 per month, about 27.2% of household income.
Is Georgetown, KY a good place to live?
Pluses: median household income 26% higher than the Kentucky median; an average commute of 22 minutes; unemployment of 4.2%; a poverty rate of 12.1%. Minuses: home values 29% higher than the state median.
What is the median age in Georgetown?
The median age in Georgetown is 32.7 years (Kentucky: 39.1).
How long is the commute in Georgetown?
The average commute to work in Georgetown is 22 minutes; 10.3% of workers work from home.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Georgetown?
34.1% of adults in Georgetown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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