|Median household income:||$18,496|
|Median age:||22 years old|
|Median rent, monthly change:||-7.34%|
Easily the most fashion-forward neighborhood in Washington, D.C., Georgetown offers some of the District’s best shopping and dining in a bustling, scenic setting that’s just blocks from peaceful residential areas. More than 14,000 people call this historic neighborhood home. Located in northwest D.C., right along the Potomac River, Georgetown is known for its picturesque cobblestone streets dotted with trees and row houses. It’s one of the city’s most expensive neighborhoods, but its views, nightlife, culture and shopping make it worth the price for many local residents.
Don’t be surprised to find Georgetown University students checking out that new art exhibit or waterfront restaurant alongside some of the area’s more stately crowd. Nearly everyone here seems stylish and sophisticated, regardless of occupation. While most students don’t live in the neighborhood, they’re still an integral part of the social scene—especially on weekends and at local haunts, such as The Tombs. Georgetown residents are highly educated; around 90 percent have earned at least a four-year degree.
Living in Georgetown means you’re steps away from D.C.’s monuments and major sightseeing spots, but it also means you’ve found your own private escape from the din of the city. Georgetown is close to a handful of parks, Theodore Roosevelt Island and the trendy Dupont neighborhood. Georgetown is great for walkers and bikers. M Street, the major thoroughfare, is full of fashionable locals and visitors, most traveling by foot. Just a few blocks away, the Chesapeake and Ohio (C&O) Canal path is perfect for a stroll, a run or a bike ride. For commuters, this neighborhood has public transit options, including the D.C. bus line and the .
With more than 450 stores and restaurants, it’s hard to go wrong when you’re looking to shop in Georgetown. From a hole-in-the-wall record store to major brand stores, there’s something for everyone. The city’s Business Improvement District offers a free outdoor fitness series throughout the summer, and annual events include a French market in April and the Taste of Georgetown food, music and wine festival in October. In the winter, there’s even an ice skating rink beside the Potomac River.