Georgetown is a medium-sized city located in the state of Kentucky. With a population of 40,518 people and 17 associated 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 $78,373.00. 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.Georgetown is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Georgetown is a city of professionals, sales and office workers, and production and manufacturing workers. There are especially a lot of people living in Georgetown who work in office and administrative support (11.04%), management occupations (9.43%), and sales jobs (8.23%). Telecommuters are a relatively large percentage of the workforce: 9.36% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. In terms of college education, Georgetown is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 32.46% of adults in Georgetown have a college degree. The per capita income in Georgetown in 2022 was $35,759, which is wealthy relative to Kentucky, and middle income relative to the rest of the US. This equates to an annual income of $143,036 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, Italian, and European. The most common language spoken in Georgetown is English. Other important languages spoken here include Spanish and French.
