Georgetown Northwest median real estate price is $244,723, which is more expensive than 58.3% of the neighborhoods in Kentucky and 29.7% of the neighborhoods in the U.S.
The average rental price in Georgetown Northwest is currently $1,980, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.8% of the neighborhoods in Kentucky.
Georgetown Northwest is a suburban neighborhood (based on population density) located in Georgetown, Kentucky.
Georgetown Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Georgetown Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Georgetown Northwest, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 91.9% of all neighborhoods in the U.S. This means that the housing supply in Georgetown Northwest is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Georgetown, the Georgetown Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Georgetown Northwest neighborhood stands out within Kentucky for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.7% of college-friendly places to live in KY.
Did you know that the Georgetown Northwest neighborhood has more Scottish and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.8% of this neighborhood's residents have Scottish ancestry and 3.3% have Danish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Georgetown Northwest neighborhood in Georgetown are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.6% of the neighborhoods in America. With 11.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.7% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Georgetown Northwest neighborhood, 40.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.7%), and 16.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Georgetown Northwest neighborhood is English, spoken by 97.6% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Georgetown Northwest neighborhood in Georgetown, KY, residents most commonly identify their ethnicity or ancestry as German (19.6%). There are also a number of people of English ancestry (9.5%), and residents who report Scottish roots (7.8%), and some of the residents are also of Polish ancestry (7.7%), along with some Irish ancestry residents (6.2%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Georgetown Northwest neighborhood spend under 15 minutes commuting one-way to work (56.3% of working residents), one of the shortest commutes across America.
Here most residents (82.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.