Georgetown, TX is a beautiful city located in the heart of Texas. With an abundance of local companies, attractions and amenities, Georgetown, TX has something for everyone. There are numerous restaurants ranging from local favorites to fine-dining, as well as unique shops and stores offering a variety of products. One of the most popular attractions in town is the Inner Space Caverns, which is a stunning underground cave system filled with fascinating geological formations. Additionally, there are several parks and recreational activities to enjoy, such as kayaking down the San Gabriel River or taking a hike along one of its many trails. The cost of living in Georgetown is slightly higher than average with two bedroom rent averaging $1,760 per month versus $1,430 across the US and a Grocery Cost Index at 95 versus 100 nationally. All these factors make Georgetown an ideal place to live and work!
Georgetown has an unemployment rate of 6.1%. The US average is 6.0%.
Georgetown has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 53.6%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 0.0%. 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 $31,505 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $80,416 a year. The US average is $69,021 a year.