Living in Georgetown, Delaware
Cost of living, income, home prices, rent and demographics of Georgetown · Census data 2020–2024
Georgetown has 7,660 residents with a median age of 35.4. The median household income is $49,719 (41% lower than the Delaware median), the median home value is $281,400, the median rent is $1,410/month.
Georgetown at a glance
- Population
- 7,660
- Median age
- 35.4State: 41.6
- Median household income
- $49,719State: $84,954
- Median home value
- $281,400State: $352,000
- Median rent
- $1,410/moState: $1,401
- Homeowners
- 50.5%
- Bachelor's degree or higher
- 16%
- Average commute
- 29 min
Is Georgetown a good place to live?
Pros: Home values 20% lower than the state median; unemployment of 3.7%.
Cons: Median household income 41% lower than the Delaware median; an average commute of 29 minutes; a poverty rate of 16.8%.
The weather is best in May–June and September–October.
Cost of living in Georgetown
Housing is the biggest part of the cost of living. In Georgetown the median home value is $281,400, 15% lower than the U.S. median. Renters pay a median of $1,410 per month, which is 38.1% of household income. Homeowners with a mortgage pay $1,564 a month in housing costs.
Georgetown median household income
The median household income in Georgetown is $49,719 and the income per person is $24,866. 16.8% of residents live below the poverty line (Delaware: 10.4%).
Housing in Georgetown: homes for sale and rent
- Housing units
- 2,674
- Owner-occupied
- 50.5%
- Renter-occupied
- 49.5%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.93
Georgetown demographics
- Population
- 7,660
- Median age
- 35.4
- Under 18
- 30.1%
- 65 and older
- 18.7%
- Households
- 2,529
- Foreign-born
- 28.1%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Georgetown ›
Education in Georgetown
16% of adults 25 and older in Georgetown have a bachelor's degree or higher (Delaware: 35.8%), and 6.6% have a graduate or professional degree.
Jobs and commute in Georgetown
- Unemployment rate
- 3.7%State: 5.1%
- Average commute
- 29 minState: 26 min
- Work from home
- 4.6%
- Drive alone
- 78.7%
- Public transit
- 1%
- Walk to work
- 0.7%
- Homes with broadband
- 77.9%
Georgetown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Georgetown | 7,660 | $49,719 | $281,400 | $1,410 |
| Milton | 3,567 | $80,875 | $407,000 | $1,310 |
| Millsboro | 7,424 | $78,707 | $332,600 | $1,277 |
| Ellendale | 760 | $65,250 | $269,500 | $878 |
| Bridgeville | 2,745 | $64,879 | $400,900 | $1,140 |
| Blades | 1,071 | $56,875 | $227,900 | $1,012 |
| Seaford | 8,485 | $54,016 | $224,300 | $1,176 |
| Lincoln | 1,873 | $107,690 | $262,100 | — |
| Dagsboro | 1,376 | $60,607 | $318,400 | $1,151 |
More for people moving to Georgetown
Georgetown ZIP code ›Weather and climate ›Living in Georgetown: FAQ
What is the median household income in Georgetown, DE?
The median household income in Georgetown is $49,719, 41% lower than the Delaware median of $84,954 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Georgetown?
The median home value in Georgetown is $281,400, compared with $352,000 in Delaware.
How much is rent in Georgetown?
The median gross rent in Georgetown is $1,410 per month, about 38.1% of household income.
Is Georgetown, DE a good place to live?
Pluses: home values 20% lower than the state median; unemployment of 3.7%. Minuses: median household income 41% lower than the Delaware median; an average commute of 29 minutes; a poverty rate of 16.8%.
What is the median age in Georgetown?
The median age in Georgetown is 35.4 years (Delaware: 41.6).
How long is the commute in Georgetown?
The average commute to work in Georgetown is 29 minutes; 4.6% of workers work from home.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Georgetown?
16% of adults in Georgetown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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