Home / Select Cities  /  2024 Comparing Georgetown, KY vs. Richmond, KY

2024 Compare Cities Economy:
Georgetown, KY vs Richmond, KY

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Highlights
- Household income in Richmond, is 40% less than it is in Georgetown and is 72% below the National Average.
- Georgetown unemployment rate is 4.1%.
- Richmond unemployment rate is 4.9%.

Economy
 Georgetown, KYRichmond, KYUnited States
 Unemployment Rate4.1%4.9%6.0%
 Recent Job Growth1.4%1.1%1.6%
 Future Job Growth41.9%33.2%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes7.5%8.0%4.6%
 Income per Cap.$31,475$23,945$37,638
 Household Income$66,942$40,221$69,021
 Family Median Income$79,223$63,453$85,028
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 Est. Households By Income
 Georgetown, KYRichmond, KYUnited States
 Income Less Than 15K8.2%19.7%9.4%
 Income between 15K and 20K2.1%5.7%3.8%
 Income between 20K and 30K6.8%10.4%8.1%
 Income between 30K and 40K9.1%14.0%8.0%
 Income between 40K and 50K9.4%7.2%7.6%
 Income between 50K and 60K9.7%7.9%7.2%
 Income between 60K and 75K11.4%7.8%9.6%
 Income between 75K and 100K13.4%10.9%12.8%
 Income between 100K and 150K19.4%10.3%16.3%
 Income between 150K and 200K6.2%3.8%7.8%
 Income greater than 200K4.2%2.3%9.5%
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 Population By Occupation
 Georgetown, KYRichmond, KYUnited States
 Management, business, finance13.8%9.9%16.4%
 Engineering, computers, science5.7%5.0%6.5%
 Community, social services1.4%2.3%1.8%
 Legal0.8%0.5%1.2%
 Education, library5.0%7.5%6.2%
 Arts, design, media, sports, entertainment1.4%2.2%2.0%
 Healthcare practitioners and technology5.8%5.2%6.2%
 Healthcare support2.5%3.0%3.3%
 Firefighters, law enforcement2.4%3.9%2.1%
 Food preparation, serving3.3%9.7%5.4%
 Building maintenance3.2%3.9%3.6%
 Personal care2.8%3.6%2.6%
 Sales, office, administrative support20.6%22.1%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair6.5%5.7%8.1%
 Production, transportation, material moving24.3%15.5%13.1%

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Reviews for Georgetown    3 Reviews

Over 11 years ago

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.  More

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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  More

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Over 17 years ago

Come to Georgetown, KY. Plenty of homes for sale at reasonable prices and jobs here and in  More

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Reviews for Richmond    4 Reviews

Over 6 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

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For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

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Over 15 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

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ZIPS IN GEORGETOWN, KENTUCKY
40324
ZIPS IN RICHMOND, KENTUCKY
40475

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