Georgetown South median real estate price is $261,695, which is more expensive than 62.0% of the neighborhoods in Kentucky and 34.2% of the neighborhoods in the U.S.
The average rental price in Georgetown South is currently $2,326, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in Kentucky.
Georgetown South is a suburban neighborhood (based on population density) located in Georgetown, Kentucky.
Georgetown South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Georgetown South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Georgetown South, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.6% of all neighborhoods in the U.S. This means that the housing supply in Georgetown South is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Homes built from 2000 through today make up a higher proportion of the Georgetown South neighborhood's real estate landscape than 96.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 74.6% of the residential real estate here is classified as newer.
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 South 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 51.2% of the neighborhoods in America. With 13.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Georgetown South neighborhood, 35.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 8.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Georgetown South neighborhood is English, spoken by 89.7% of households. Some people also speak Spanish (9.1%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Georgetown South neighborhood in Georgetown, KY, residents most commonly identify their ethnicity or ancestry as Irish (16.6%). There are also a number of people of English ancestry (14.0%), and residents who report German roots (9.2%), and some of the residents are also of Mexican ancestry (6.7%), along with some Scottish ancestry residents (3.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Georgetown South neighborhood spend between 15 and 30 minutes commuting one-way to work (34.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.7%) 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 (10.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.