Georgetown is a medium-sized city located in the state of Kentucky. With a population of 38,780 people and 17 associated neighborhoods, Georgetown is the fifth largest community in Kentucky. There's nothing like the smell of a brand new house, and in Georgetown, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Georgetown, and putting down their money on brand new construction. Georgetown’s real estate is, on average, some of the newest in the nation. Georgetown does seem to be experiencing an influx of affluent people, because the median household income is $74,530.00.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.42% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Even though Georgetown is not a small city, it doesn't have a public transportation system that anybody uses for their daily commute to work.
The overall education level of Georgetown citizens is substantially higher than the typical US community, as 30.93% 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 2022 was $34,345, which is wealthy relative to Kentucky, and middle income relative to the rest of the US. This equates to an annual income of $137,380 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 English, German, Irish, Scottish, and Italian.
The most common language spoken in Georgetown is English. Other important languages spoken here include Spanish and Chinese.