Georgetown, Indiana (47122) is a small city located in Floyd County. It has an estimated population of 8,082 people according to the US Census Bureau. The median cost of rent for a two-bedroom apartment in Georgetown is $970, which is about 33 percent lower than the US average of $1,430. Additionally, the Grocery Cost Index in Georgetown is 99 compared to 100 in the US. Living in Georgetown can be quite comfortable; there are many local businesses that contribute to its charm and culture including Georgetown Lanes Bowling Alley, Luxury Nails & Spa, and Georgetown Coffee Company. People living in or considering moving to Georgetown will enjoy a budget-friendly lifestyle with plenty of activities close by.
Georgetown (zip 47122) has an unemployment rate of 3.9%. The US average is 6.0%.
Georgetown (zip 47122) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown (zip 47122)
- The Sales Tax Rate for Georgetown (zip 47122) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Georgetown (zip 47122) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown (zip 47122)
- The average income of a Georgetown (zip 47122) resident is $29,872 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown (zip 47122) resident is $93,001 a year. The US average is $69,021 a year.