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Georgetown, Kentucky 3 Reviews | Leave a Comment



Pros

-Historic interest
-College-town amenities
-Attractive countryside

Cons

-Growth and sprawl
-Entertainment
-Air service


What Bert Has To Say About Lexington-Fayette Metro Area


Situated in the heart of bluegrass country, Lexington is Kentucky's second-largest city. It is the world capital of the horse industry and a cultural hub of the state. In many ways it’s just the right size, not too big to abandon the small-town lifestyle, but large enough to have urban amenities and employment opportunities. Future economic indicators are positive. Tech giant Lexmark and a major Toyota assembly plant in Georgetown are just north of the city and smaller businesses have found the area attractive, while university, health care and public sector employment are strong.

The impressive horse farms in the surrounding countryside and the historic downtown and exceptional historic districts make Lexington visually attractive. The University of Kentucky just south of downtown adds a strong college-town element and set of amenities, including the area’s secular religion of basketball. University-related health care facilities are excellent.

Good suburbs lie mainly south, southeast and west, although long-time locals are alarmed at the recent spread, especially north into Georgetown and south and east into the area’s fabled horse country. Interesting small-town alternatives lie west in the historic capitol city of Frankfort, southwest in the historic Harrodsburg and the college town of Danville, although the physical geography gives Frankfort the only practical commute. “Fayette” is actually the name of the county; Lexington and Fayette County are merged into a unitary government, hence the metro area name.

For cultural and service amenities, Cincinnati and Louisville are reasonably convenient. Daniel Boone National Forest and Lake Cumberland to the south and southeast provide outdoor recreation. Home prices are moderate on a regional and national scale, and value received is good for the money. Lexington is an easy place to live with friendly people in an unusually attractive and prosperous environment for the region, and has few negatives.

Lexington sits on a gently rolling plateau with a mix of open grassland and deciduous wooded forests. The grassland areas typically contain horse farms surrounded by miles of attractive fencing. To the southeast, terrain becomes hillier and more wooded near the foothills of the Appalachian Mountains. The climate is continental with four distinct seasons.

Summers are warm and humid, but seldom extremely hot. Winter is typical for the latitude, with alternating mild and cold periods. Below zero temperatures are relatively rare. Precipitation is evenly distributed throughout winter, spring, and summer. Fall is pleasant and somewhat drier. Snowfall amounts are variable and seldom remain for more than a few days. First freeze is late October, last is mid-April.


Highlights



Quick Facts About Georgetown


    ECONOMY
    The unemployment rate in Georgetown is 6.00 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Georgetown jobs have Decreased by 0.67 percent.
    COST OF LIVING
    Compared to the rest of the country, Georgetown's cost of living is 6.20% Lower than the U.S. average.
    POPULATION
    As of 2014, Georgetown's population is 29,016 people. Since 2000, it has had a population growth of 52.76 percent.
    TRANSPORTATION
    Average Commute time is 20 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Georgetown is $148,900. Home appreciation the last year has been -0.30 percent.
    SCHOOLS
    Georgetown public schools spend $8,536 per student. The average school expenditure in the U.S. is $12,435. There are about 16.3 students per teacher in Georgetown.

Best Places to Live in Georgetown, Kentucky



Georgetown Housing Market


It's not a good time to buy in Georgetown. Home Appreciataion is down -0.3% in the last 12 months. Browse Georgetown Real Estate.
The median home price in Georgetown is $148,900. Browse Homes in this Range.
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Comments


Georgetown/Scott County weak on educational needs
I was reading what was posted for Georgetown on it's cost of living and educational assets. My children all go to school in Scott County and I thought it should be... (read more)
Super growth!
Come to Georgetown, KY. Plenty of homes for sale at reasonable prices and jobs here and in... (read more)
Change
Georgetown has under gone a tremendous change since 1980. It was the ideal "small town USA". In the mid to late 1980's Toyota came to town and things started to happen.... (read more)
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