Living & Working in Georgetown
Rent vs. Buy Analysis
Median home price is $349,477 . Buying analysis suggests higher upfront costs but potential long-term savings.
Neighborhoods by Value & Commute
Northside
SUBURBANDowntown Georgetown
URBANQuick Decision Guide
Major HVAC Employers
Family Resources in Georgetown, KY
#### Top-Rated School Districts
- Scott County School District: Includes top-rated schools like Frederick Douglass High School (1,667 students) and Northern Elementary School (454 students). Ratings are based on academic performance and community reviews (Niche).
- GreatSchools also highlights high-performing public schools in the area, such as here Middle School (GreatSchools).
#### Childcare Costs
- Daycare: Average monthly costs range from $550 to $1,500, depending on the age of the child and facility type (TrustedCare).
- Nanny: Full-time nanny services average $1,200 to $2,500 per month, based on experience and responsibilities (local Reddit discussions).
#### Recommended Pediatricians or Family Clinics
- Central Kentucky Pediatrics: Part of Georgetown Medical Group, offering comprehensive pediatric care (here Medical Group).
- the area Pediatrics, P.S.C.: A well-reviewed practice in Lexington with services for children ([this location Pediatrics](https://www.georgetownp
Work-Life Balance Culture
Georgetown, KY, offers a balanced work-life culture with a mix of small-town charm and proximity to Lexington (20 miles south). Many residents commute to Lexington for work but enjoy here's lower cost of living and quieter atmosphere. Employers in the area, such as Toyota Manufacturing, emphasize flexible schedules and community engagement.
Fitness Facilities
- Georgetown Community Fitness Center: Located at 111 Fitness Way, this facility offers memberships at $30/month for adults, including access to weights, cardio machines, and group classes.
- Royal Spring Park: Features a 1.5-mile walking trail and open green spaces for outdoor workouts.
- Yuko-En on the Elkhorn: A Japanese-style garden with serene paths for walking or jogging, free to the public.
Dining Costs
- Lunch: Average $8โ$12 at local spots like Local Feed (farm-to-table).
- Dinner: $15โ$25 at restaurants such as Galvin's on Main (American cuisine).
- Drinks: $4โ$8 for craft beer at Georgetown Beerworks.
Annual Events and Festivals
- Festival of the Horse: Held every October, celebrating the region's equine heritage with parades and live music. [
Financial Facts for Georgetown, KY
- State Income Tax Rate: Kentucky imposes a flat state income tax rate of 5%. This rate applies to all taxable income for residents of Georgetown and the rest of the state. For more details, refer to the Kentucky Department of Revenue.
- Property Tax Average: The average effective property tax rate in Scott County, where Georgetown is located, is approximately 0.85% of assessed value. For example, a home valued at $200,000 would incur about $1,700 annually in property taxes. Additional information is available on the Scott County Property Valuation Administrator website.
- Cost of Living Compared to Lexington: Georgetown's cost of living is approximately 10% lower than Lexington, KY. Housing costs, in particular, are significantly more affordable, with median home prices around $294,970 as of July 2023, compared to Lexington's higher averages. For more insights, see Uphomes.
- Growing Industries Creating Jobs: Key industries driving job growth in Georgetown include automotive manufacturing, logistics, and equine-related businesses. For instance, LandCal Logistics recently expanded its headquarters in the area, creating new employment opportunities. Further details can be found on [Kentucky Cabinet for Economic Development](https://ced