Georgetown Northeast median real estate price is $218,963, which is more expensive than 44.4% of the neighborhoods in Kentucky and 22.8% of the neighborhoods in the U.S.
The average rental price in Georgetown Northeast is currently $1,832, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.3% of the neighborhoods in Kentucky.
Georgetown Northeast is a suburban neighborhood (based on population density) located in Georgetown, Kentucky.
Georgetown Northeast 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 Northeast 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.
Home and apartment vacancy rates are 6.9% in Georgetown Northeast. NeighborhoodScout analysis shows that this rate is lower than 51.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research identifies the Georgetown Northeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 59.4% of its working residents employed in such fields, which is a higher proportion than 99.8% of American neighborhoods.
Our research shows that more people carpool to work here in the Georgetown Northeast (27.4%) than in 97.9% of the neighborhoods in America.
One of the most interesting things about the Georgetown Northeast neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.2% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.9% of the neighborhoods in America.
In addition, an extraordinary 11.2% of the residents of the Georgetown Northeast neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Georgetown Northeast neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.7% of the neighborhoods in KY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Georgetown Northeast neighborhood in Georgetown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.6% of U.S. neighborhoods. With 17.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.9% 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 Northeast neighborhood, 59.4% 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 19.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.0%), and 9.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Georgetown Northeast neighborhood is English, spoken by 96.4% of households. Some people also speak Spanish (2.6%).
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 Northeast neighborhood in Georgetown, KY, residents most commonly identify their ethnicity or ancestry as German (16.0%). There are also a number of people of English ancestry (10.0%), and residents who report Scottish roots (4.5%), and some of the residents are also of Irish ancestry (3.7%), along with some Italian ancestry residents (2.4%), 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 Northeast neighborhood spend under 15 minutes commuting one-way to work (39.7% of working residents), one of the shortest commutes across America.
Here most residents (59.8%) 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 (27.4%) and 6.6% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.