$595,000
- 2 Beds
- 2 Baths
- 1,123 Sq Ft
625 New Rd, Raleigh, NC 27608
Alan Murray Berkshire Hathaway HomeService
Frequently Asked Questions Why Live in Georgetown
Is Georgetown a good place to live?
Georgetown is a good place to live. Georgetown is considered car-dependent and somewhat bikeable with some transit options. Georgetown is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. It has a median age of 39. The average household income is $169,856 which is above the national average. College graduates make up 85.8% of residents. A majority of residents in Georgetown are home owners, with 31.1% of residents renting and 68.9% of residents owning their home. A local real estate agent serving Georgetown can help you decide if this neighborhood is the right one for you. Learn more on our Georgetown neighborhood guide.
Is Georgetown, NC a safe neighborhood?
Georgetown, NC is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Georgetown?
The median home price in Georgetown is $785,000. If you put a 20% down payment of $157,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $4,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $174K a year to afford the median home price in Georgetown. The average household income in Georgetown is $170K.
What are the best public schools in Georgetown?
The best public schools that serve Georgetown are:
- Underwood Magnet Elementary School has an A Niche grade and a student teacher ratio of 10:1.
- Broughton Magnet High School has an A- Niche grade, a student teacher ratio of 18:1 and an average review score of 3.9.
- Oberlin Middle School has an A- Niche grade and a student teacher ratio of 15:1.
What are the best private schools in Georgetown?
The best private schools that serve Georgetown are:
- Our Lady Of Lourdes Catholic School has a student teacher ratio of 12:1 and an average review score of 4.2.
What are the most popular zip codes in Georgetown, Raleigh, NC?
What are the most popular neighborhoods near Georgetown, Raleigh, NC?
The most popular neighborhoods near Georgetown, Raleigh, NC are Hi-mount, Mordecai, Five Points East, Fallon Park and Belvedere Park.
Are home prices dropping in Georgetown?
Yes, home prices in Georgetown are down 26% in the last 12 months.
