Georgetown, Massachusetts, with a population of 8,183 as of the 2019 census, is a vibrant town located in Essex County. The 2 bedroom rent in Georgetown is $2,420, which is higher than the US 2 bedroom rent of $1,430. In addition to this, the Grocery Cost index in Georgetown stands at 110, compared to 100 in the US. The town boasts several local companies such as Goranson's Farm and A&M Firewood & Land Care. Goranson's Farm offers fresh produce and prides itself on being environmentally friendly. A&M Firewood & Land Care offers a range of services such as lawn care and tree removal for residential properties. Both companies have established themselves locally and serve the greater Georgetown area.
Georgetown (zip 01833) has an unemployment rate of 7.4%. The US average is 6.0%.
Georgetown (zip 01833) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown (zip 01833)
- The Sales Tax Rate for Georgetown (zip 01833) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Georgetown (zip 01833) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown (zip 01833)
- The average income of a Georgetown (zip 01833) resident is $55,789 a year. The US average is $37,638 a year.
- The Median household income of a Georgetown (zip 01833) resident is $130,240 a year. The US average is $69,021 a year.