Living in Georgetown, Minnesota
Cost of living, income, home prices, rent and demographics of Georgetown · Census data 2020–2024
Georgetown has 72 residents with a median age of 48.3. The median household income is $41,750 (53% lower than the Minnesota median), the median home value is $115,000.
Georgetown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Georgetown at a glance
- Population
- 72
- Median age
- 48.3State: 38.8
- Median household income
- $41,750State: $89,062
- Median home value
- $115,000State: $329,300
- Homeowners
- 87.2%
- Bachelor's degree or higher
- 9.5%
Is Georgetown a good place to live?
Pros: Home values 65% lower than the state median.
Cons: Median household income 53% lower than the Minnesota median; unemployment of 17.6%; a poverty rate of 16.7%.
The weather is best in June to September.
Cost of living in Georgetown
Housing is the biggest part of the cost of living. In Georgetown the median home value is $115,000, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,813 a month in housing costs.
Georgetown median household income
The median household income in Georgetown is $41,750 and the income per person is $30,739. 16.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Georgetown: homes for sale and rent
- Housing units
- 46
- Owner-occupied
- 87.2%
- Renter-occupied
- 12.8%
- Vacant
- 15.2%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 1.85
Georgetown demographics
- Population
- 72
- Median age
- 48.3
- Under 18
- 12.5%
- 65 and older
- 26.4%
- Households
- 39
- Foreign-born
- 0%
- Veterans
- 1.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Georgetown ›
Education in Georgetown
9.5% of adults 25 and older in Georgetown have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.
Jobs and commute in Georgetown
- Unemployment rate
- 17.6%State: 4.1%
- Average commute
- —State: 23 min
- Work from home
- 3.6%
- Drive alone
- 96.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.3%
Georgetown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Georgetown | 72 | $41,750 | $115,000 | — |
| Perley | 126 | $75,250 | $91,300 | — |
| Argusville | 584 | $162,734 | $356,200 | — |
| Harwood | 819 | $145,139 | $321,100 | — |
| Gardner | 125 | $103,750 | $276,800 | — |
| Reile's Acres | 1,032 | $192,500 | $475,600 | — |
| Hendrum | 240 | $57,500 | $127,500 | $913 |
| Felton | 186 | $40,000 | $157,700 | $525 |
| Dilworth | 4,713 | $90,694 | $261,800 | $1,085 |
More for people moving to Georgetown
Georgetown ZIP code ›Weather and climate ›Living in Georgetown: FAQ
What is the median household income in Georgetown, MN?
The median household income in Georgetown is $41,750, 53% lower than the Minnesota median of $89,062 (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 $115,000, compared with $329,300 in Minnesota.
Is Georgetown, MN a good place to live?
Pluses: home values 65% lower than the state median. Minuses: median household income 53% lower than the Minnesota median; unemployment of 17.6%; a poverty rate of 16.7%.
What is the median age in Georgetown?
The median age in Georgetown is 48.3 years (Minnesota: 38.8).
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown is 17.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Georgetown?
9.5% 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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