Georgetown is a medium-sized city located in the state of Kentucky. With a population of 37,086 people and 17 constituent neighborhoods, Georgetown is the fifth largest community in Kentucky. Georgetown has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Georgetown, where the median household income is $66,972.00.
Georgetown real estate is some of the most expensive in Kentucky, although Georgetown house values don't compare to the most expensive real estate in the U.S.
Unlike some cities, Georgetown isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Georgetown are a mix of both white- and blue-collar jobs. Overall, Georgetown is a city of sales and office workers, professionals, and production and manufacturing workers. There are especially a lot of people living in Georgetown who work in office and administrative support (11.75%), management occupations (9.00%), and sales jobs (8.52%).
The overall education level of Georgetown citizens is substantially higher than the typical US community, as 29.57% of adults in Georgetown have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Georgetown in 2018 was $30,339, which is wealthy relative to Kentucky, and upper middle income relative to the rest of the US. This equates to an annual income of $121,356 for a family of four. However, Georgetown contains both very wealthy and poor people as well.
Georgetown is a somewhat ethnically-diverse city. The people who call Georgetown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Georgetown residents report their race to be White, followed by Black or African-American. Important ancestries of people in Georgetown include German, Irish, English, Scottish, and European.
The most common language spoken in Georgetown is English. Other important languages spoken here include Spanish and German/Yiddish.