Georgetown, KY
Population 38,206 · Kentucky
About Georgetown, KY
Georgetown is a mid-sized city located in Kentucky with a population of 38,206 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,373 per year, which is 4% above the national median of $75,149. The median age of 32.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Georgetown features a median home value of $244,200, which is 0% below the national median of $244,900. This positions Georgetown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,199, 3% above the national average of $1,163/month. Of the 15,274 total housing units, 63% are owner-occupied (9,121 units) and 37% are renter-occupied (5,378 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Georgetown shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 12.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Georgetown have an average one-way commute time of 21 minutes.
Education & Demographics
32.5% of Georgetown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.8% White, 1.3% Hispanic or Latino, 0.7% Black or African American, and 1.7% Asian residents, with 3.6% of the population being foreign-born.
How Georgetown Ranks in Kentucky
Cost of Living in Georgetown, KY
Compared to national averages, Georgetown has a median household income of $78,373 (4% above the national median of $75,149). Home values average $244,200, which is 0% below the national median. Monthly rent at $1,199 is 3% above the US average of $1,163. Within Kentucky, Georgetown's income is 18% above the state average of $66,273, and home values are 34% above the state median of $182,504.
Why Live in Georgetown, KY?
Georgetown offers a strong local economy with a median household income of $78,373, well above the national average, and affordable housing with a median home value of $244,200, below the US average of $244,900, and a low poverty rate of 12.2%, better than the national average. Additionally, the city features short commute times averaging just 21 minutes.
Georgetown has a population of 38,206 with a median age of 32.7 years. Compare Georgetown with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Georgetown
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Covington | 40,902 | $58,814 | $167,900 | Compare |
| Richmond | 35,498 | $48,223 | $205,900 | Compare |
| Florence | 32,334 | $68,508 | $196,200 | Compare |
| Elizabethtown | 31,870 | $56,250 | $223,200 | Compare |
| Nicholasville | 31,625 | $67,514 | $210,700 | Compare |
| Hopkinsville | 31,011 | $47,428 | $140,200 | Compare |
| Independence | 29,024 | $98,653 | $240,500 | Compare |
| Jeffersontown | 28,988 | $78,185 | $236,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Georgetown With Other Cities
Frequently Asked Questions about Georgetown
What is the population of Georgetown, KY?
The population of Georgetown, KY is 38,206 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Kentucky.
What is the median household income in Georgetown?
The median household income in Georgetown, KY is $78,373 per year, which is 4% above the national median of $75,149.
What is the median home value in Georgetown?
The median home value in Georgetown, KY is $244,200, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Georgetown?
The median monthly rent in Georgetown, KY is $1,199, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown, KY is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Georgetown, KY a good place to live?
Georgetown offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 38,206 and a median age of 32.7, the city appeals to young professionals and families.
How educated is Georgetown, KY?
32.5% of residents in Georgetown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Georgetown?
Key cost-of-living indicators for Georgetown, KY: median home value is $244,200 (0% below national), median rent is $1,199/month, and median household income is $78,373. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Georgetown?
The poverty rate in Georgetown, KY is 12.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Georgetown, KY?
Georgetown's population is 3.8% White, 1.3% Hispanic or Latino, 0.7% Black or African American, 1.7% Asian, and 5.7% two or more races. 3.6% of residents are foreign-born.