Neighborhood Profile

Georgetown

Seattle, WA | King County
Scored premium profile
Best Neighborhoods USA Index
36.6
National rank: #11,978 of 14,967
Stability and Strength
50.8
Score
Value Opportunity
35.3
Score
Momentum
15.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSeattle, WA
CountyKing County
National rank#11,978 of 14,967
State rank#455 of 533
City rank#83 of 88
County rank#268 of 287
National percentile20.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$629,153
Year-over-year home value change-3.1%
Month-over-month home value change-0.35%
Home value to income ratio10.95
Median household income$57,477
Bachelor's degree or higher42.9%
Civilian unemployment rate2.6%
Homeownership rate62.1%
Housing vacancy rate7.6%
Rent burden 30% or higher50.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Georgetown

What is the Best Neighborhoods USA ranking for Georgetown?

Georgetown is ranked #83 of 88 eligible neighborhoods in Seattle; #455 of 533 eligible neighborhoods in WA; and #11,978 of 14,967 eligible neighborhoods in the United States.

Is Georgetown one of the best neighborhoods in Seattle?

Georgetown has a Best Neighborhoods USA Index of 36.6 and a city ranking of #83 of 88 eligible neighborhoods in Seattle.

How much are homes worth in Georgetown?

The current Zillow Home Value Index for Georgetown is approximately $629,153.

Are home values rising or falling in Georgetown?

Zillow neighborhood values changed -3.1% year over year and -0.35% month over month.

What is the Neighborhood Momentum Score for Georgetown?

Georgetown has a Neighborhood Momentum Score of 15.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Georgetown?

The NDS-derived neighborhood median household income is approximately $57,477.

How affordable is Georgetown relative to household income?

The current Zillow home-value-to-household-income ratio is 10.95. Price-to-income affordability is a major Value Opportunity input.

Is Georgetown primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 62.1%.

What is the unemployment rate in Georgetown?

The NDS-derived civilian unemployment rate is approximately 2.6%.

How educated are residents of Georgetown?

Approximately 42.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Georgetown face high rent burden?

Approximately 50.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Georgetown?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications70
Estimated originations42
Home-purchase applications33
Origination rate59.5%
Home-purchase share46.4%
Average application loan$431,408
Total application loan amount$30,364,821
National application rank#5,790 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.6% YoY; originations -1.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.