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Real Estate Prices & Overview

Georgetown median real estate price is $547,291, which is more expensive than 87.5% of the neighborhoods in Pennsylvania and 70.4% of the neighborhoods in the U.S.

The average rental price in Georgetown is currently $1,461, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.6% of Pennsylvania neighborhoods.

Georgetown is a rural neighborhood (based on population density) located in Quarryville, Pennsylvania.

Georgetown real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Georgetown neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Georgetown, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Georgetown is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Georgetown neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Modes of Transportation

In the Georgetown neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 32.9% of commuters carpool here, which is more than in 99.3% of all U.S. neighborhoods.

Also, more people in Georgetown choose to walk to work each day (13.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Occupations

More people work in manufacturing and as laborers here in the Georgetown neighborhood than in 98.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Georgetown neighborhood have a highly unusual car ownership. 48.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Georgetown neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.0% of all neighborhoods in America.

Diversity

Did you know that the Georgetown neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Swiss ancestry.

Georgetown is also pretty special linguistically. Significantly, 56.3% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Georgetown neighborhood in Quarryville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.9% of the neighborhoods in America. In addition, 5.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.1% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Georgetown neighborhood, 50.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 20.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.2%), and 7.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Georgetown neighborhood is German/Yiddish, spoken by 56.3% of households. Some people also speak English (43.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Georgetown neighborhood in Quarryville, PA, residents most commonly identify their ethnicity or ancestry as German (16.7%). There are also a number of people of Swiss ancestry (4.0%), and residents who report Irish roots (2.7%), and some of the residents are also of English ancestry (2.7%), along with some Asian ancestry residents (1.8%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Georgetown neighborhood spend between 15 and 30 minutes commuting one-way to work (39.2% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (9.7%) who commute over an hour in each direction.

Here most residents (44.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (32.9%) and 13.0% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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