The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Georgetown, Indiana is a smaller city with a population of 3,305 residents. According to the most recent Census, 95% of Georgetown residents are White, 1% Asian and 1% American Indian and Alaskan. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Georgetown entails a longer-than-average one-way commute time, averaging 30 minutes.
Living in Georgetown can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Indiana, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like crime, cost of living, health & safety, you can easily compare the best places to live in Georgetown and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Georgetown to Indiana and the national average.
Georgetown has a livability score of 69 out of 100 and is ranked #122 in Indiana and #6,911 in the USA. If we dig a little deeper into each category within the livability score, we see that Georgetown has higher than average rankings for the following: crime (A+), cost of living (A), education (B+), employment (A+) and housing (A+). Georgetown does not do well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
When contemplating a move, job prospects often top the list of priorities. In Georgetown, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.3% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Georgetown excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Georgetown. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Georgetown are affordable. Median real estate prices in Georgetown come in at $202,100, which is 59.8% higher than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Georgetown, the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
Statistic | Georgetown | Indiana | National |
Average one way commute | 30min | 23min | 26min |
Workers who drive to work | 86.7% | 83.0% | 76.4% |
Workers who carpool | 3.9% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 0.5% | 2.1% | 2.8% |
Working from home | 7.6% | 3.5% | 4.6% |