Georgetown, MN located in Scott County, is a charming and vibrant community with a population of 5,656. Rent for a two bedroom apartment is approximately $960 per month, which is significantly lower than the national average of $1,430. Grocery prices are also more affordable than the US average at 99 index points. Georgetown has several local companies that contribute to its economy such as P & K Machine Inc., Schauer Concrete Co. and Ambelang Siding Company, Inc. These companies provide employment opportunities to the citizens of Georgetown and offer quality services that make it an attractive place to call home.
Georgetown (zip 56546) has an unemployment rate of 3.8%. The US average is 6.0%.
Georgetown (zip 56546) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown (zip 56546)
- The Sales Tax Rate for Georgetown (zip 56546) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Georgetown (zip 56546) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown (zip 56546)
- The average income of a Georgetown (zip 56546) resident is $27,455 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown (zip 56546) resident is $74,844 a year. The US average is $69,021 a year.