Georgetown, IL, is a small village with an estimated population of 61846 as of 2019. With much lower than average housing costs, 2 bedroom rent in Georgetown is only $920 compared to the US average of $1,430. Furthermore, local grocery cost index is 90 versus 100 in the US making it a great location for budget conscious individuals.
The area offers several recreational activities; there are several parks that offer outdoor activities such as picnicking and hiking. There are also many golf courses in the area such as Copper Creek Golf Club and Deerspring Golf Course for those who enjoy a round of golf. For entertainment there are movie theaters like AMC Classic Bloomington 8 and bowling alleys like Strike N’ Spare II Bowling Center.
Georgetown has plenty of businesses to serve the community’s needs from financial services offered by First Mid-Illinois Bank & Trust to medical services provided by Carle BroMenn Medical Center. Additionally, companies such as State Farm Insurance and Mitsubishi Motors North America Inc have their headquarters in Georgetown making it a great place for job seekers too!
Georgetown (zip 61846) has an unemployment rate of 6.9%. The US average is 6.0%.
Georgetown (zip 61846) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown (zip 61846)
- The Sales Tax Rate for Georgetown (zip 61846) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Georgetown (zip 61846) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown (zip 61846)
- The average income of a Georgetown (zip 61846) resident is $20,240 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown (zip 61846) resident is $51,250 a year. The US average is $69,021 a year.