Georgetown, AR is a great place to live. It offers a low cost of living and is home to many local businesses. Rent for a two bedroom in Georgetown is only $760 per month compared to the US average of $1,430. The Grocery Cost Index in Georgetown is 95, which is lower than the US average of 100. When it comes to shopping, some local companies include Georgetown Market, Marsha's Attic, and K&G Boutique. With its low cost of living and convenient access to local businesses, Georgetown has something for everyone.
Georgetown has an unemployment rate of 4.9%. The US average is 6.0%.
Georgetown has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown
- The average income of a Georgetown resident is $26,514 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $17,344 a year. The US average is $69,021 a year.