Georgetown township, MN is a small town located in Washington County. Home to just over 2,800 citizens, it is a great place for those wanting a quiet and peaceful life away from the hustle and bustle of city living. The cost of living is relatively low with two bedroom rent averaging around $970 per month compared to the US average of $1,430. Grocery costs are also notably lower with an index score of 99 compared to the national index score of 100. Local businesses include Fitness Evolution Winery & Orchard, Georgetown Cafe, and The Old Market Place Antique Mall amongst others. All these businesses offer residents a great opportunity to shop locally and make their money go further than elsewhere.
Georgetown township has an unemployment rate of 3.8%. The US average is 6.0%.
Georgetown township has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown township
- The Sales Tax Rate for Georgetown township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Georgetown township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown township
- The average income of a Georgetown township resident is $35,723 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown township resident is $95,000 a year. The US average is $69,021 a year.