Living in Georgetown, Illinois
Cost of living, income, home prices, rent and demographics of Georgetown · Census data 2020–2024
Georgetown has 3,069 residents with a median age of 40.9. The median household income is $58,182 (30% lower than the Illinois median), the median home value is $71,800, the median rent is $757/month.
Georgetown at a glance
- Population
- 3,069
- Median age
- 40.9State: 39
- Median household income
- $58,182State: $83,390
- Median home value
- $71,800State: $263,300
- Median rent
- $757/moState: $1,274
- Homeowners
- 74.3%
- Bachelor's degree or higher
- 14.1%
- Average commute
- 28 min
Is Georgetown a good place to live?
Pros: Home values 73% lower than the state median; an average commute of 28 minutes; unemployment of 2.7%.
Cons: Median household income 30% lower than the Illinois median; a poverty rate of 17.3%.
The weather is best in May–June and August–September.
Cost of living in Georgetown
Housing is the biggest part of the cost of living. In Georgetown the median home value is $71,800, 78% lower than the U.S. median. Renters pay a median of $757 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,110 a month in housing costs.
Georgetown median household income
The median household income in Georgetown is $58,182 and the income per person is $27,567. 17.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Georgetown: homes for sale and rent
- Housing units
- 1,408
- Owner-occupied
- 74.3%
- Renter-occupied
- 25.7%
- Vacant
- 10.8%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.44
Georgetown demographics
- Population
- 3,069
- Median age
- 40.9
- Under 18
- 26.5%
- 65 and older
- 18.4%
- Households
- 1,256
- Foreign-born
- 1%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Georgetown ›
Education in Georgetown
14.1% of adults 25 and older in Georgetown have a bachelor's degree or higher (Illinois: 37.8%), and 3.5% have a graduate or professional degree.
Jobs and commute in Georgetown
- Unemployment rate
- 2.7%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 14%
- Drive alone
- 74.8%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 86.5%
Georgetown vs nearby towns
More for people moving to Georgetown
Georgetown ZIP code ›Weather and climate ›Living in Georgetown: FAQ
What is the median household income in Georgetown, IL?
The median household income in Georgetown is $58,182, 30% lower than the Illinois median of $83,390 (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 $71,800, compared with $263,300 in Illinois.
How much is rent in Georgetown?
The median gross rent in Georgetown is $757 per month, about 27.1% of household income.
Is Georgetown, IL a good place to live?
Pluses: home values 73% lower than the state median; an average commute of 28 minutes; unemployment of 2.7%. Minuses: median household income 30% lower than the Illinois median; a poverty rate of 17.3%.
What is the median age in Georgetown?
The median age in Georgetown is 40.9 years (Illinois: 39).
How long is the commute in Georgetown?
The average commute to work in Georgetown is 28 minutes; 14% of workers work from home.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Georgetown?
14.1% 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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