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Georgetown, KY Real Estate


According to census data in the year 2000 there were 7,170 housing units in Georgetown. This represents a 59.1% growth from 4,506 in 1990.

Of those housing units, 7,076 were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.

Homeownership rate in Georgetown is about 57.1%. Georgetown's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Georgetown were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8.80%
Two Bedrooms31.30%
Three Bedrooms45.60%
Four Bedrooms11.70%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1983
Median Value of occupied units$97,300
Median Price asked for vacant units$95,900

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1979
Median Monthly Rent asked for vacant units$526

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.30%
Home Equity Loan9.30%
Simple Mortgage59.40%
Debt Free24.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%