Georgetown, CO is a small town located in the Rocky Mountains, known for its breathtaking mountain views and rustic charm. It is a popular spot for tourists and vacationers due to its proximity to nearby ski resorts and vast open spaces. While rent might be more expensive than the US average at $1,550 for a two-bedroom apartment, grocery costs in Georgetown are slightly lower as indicated by its grocery cost index of 99. Local businesses in the area include The Georgetown Loop Railroad, Guanella Pass Brewing Company, and Artist Point Gift Shop. These attractions are popular stops for anyone touring the region's outdoor scenes or visiting family.
Georgetown has an unemployment rate of 6.4%. The US average is 6.0%.
Georgetown has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 4.6%. 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 $34,038 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $44,118 a year. The US average is $69,021 a year.