Georgetown, PA Economy


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Georgetown, PA is a small town located in south central Pennsylvania with a population of fewer than 1,000 people. It is less than 2 hours from Pittsburgh and Philadelphia and provides a great location for those looking for a more peaceful and rural lifestyle. The cost of living in Georgetown is very affordable, with average rent for a two bedroom being $900 per month, compared to the US average of $1,430. The Grocery Cost Index in Georgetown is 103 versus the US average of 100.
The town is home to several local businesses including D&L Transportation LLC, Timothy's Book Store, and Happy Days Cafe & Deli. Visiting tourists can explore nearby attractions such as Fallingwater or Ohiopyle State Park. The community offers an abundance of activities like outdoor recreation or unique shopping experiences like the Farmer's Market every Saturday morning in downtown Georgetown during summer months. Georgetown also has plenty of historical sites such as the Sequah Indian Village and Fort Necessity National Battlefield. Every July there is an annual 4th of July celebration complete with fireworks displays over Lake Pymatuning that draws crowds from miles away!

Georgetown has an unemployment rate of 8.4%. The US average is 6.0%.

Georgetown has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 4.1%. 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 $23,970 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $74,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGeorgetown, PennsylvaniaUnited States
  8.46
  -7.0%-6.2%
  22.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $30,710$37,638
  $74,688$69,021
  $80,208$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  5.0%6.8%
  11.8%10.0%
  0.0%2.5%
  16.0%11.0%
  12.6%4.8%
  3.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.7%4.2%
  13.4%9.3%
  10.9%14.0%
  12.6%2.1%
  5.0%7.0%
  0.0%4.8%
  5.9%4.7%
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