Georgetown, CT is a small town of approximately 7,500 residents located in Fairfield County. It is known for its peaceful atmosphere and great access to outdoor activities like fishing, hiking and biking. The cost of living in Georgetown is slightly higher than the national average due to higher rental costs and grocery prices. Despite this, many people are drawn to the town due to the variety of local businesses and attractions in the area. Notable companies based in Georgetown include Eversource Energy, Bugbee & Conkle Law Firm, and Wachs Services Group, Inc., while popular attractions include the Aspetuck Land Trust Nature Preserve for outdoor recreation and the Georgetown Haunted Hayride for family entertainment.
Georgetown has an unemployment rate of 8.2%. The US average is 6.0%.
Georgetown has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 5.5%. 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 $62,767 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $155,054 a year. The US average is $69,021 a year.