Living in Georgetown, South Carolina

Cost of living, income, home prices, rent and demographics of Georgetown · Census data 2020–2024

Georgetown has 8,565 residents with a median age of 46.3. The median household income is $56,981 (18% lower than the South Carolina median), the median home value is $168,100, the median rent is $780/month.

Georgetown at a glance

Population
8,565
Median age
46.3State: 40.2
Median household income
$56,981State: $69,324
Median home value
$168,100State: $259,000
Median rent
$780/moState: $1,180
Homeowners
71.6%
Bachelor's degree or higher
22.1%
Average commute
23 min

Is Georgetown a good place to live?

Pros: Home values 35% lower than the state median; an average commute of 23 minutes.

Cons: Median household income 18% lower than the South Carolina median; unemployment of 9.4%; a poverty rate of 21.9%.

The weather is best in April–May 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 $168,100, 49% lower than the U.S. median. Renters pay a median of $780 per month, which is 34.9% of household income. Homeowners with a mortgage pay $1,383 a month in housing costs.

Median home value

Georgetown$168,100
South Carolina$259,000
United States$332,700

Median monthly rent

Georgetown$780
South Carolina$1,180
United States$1,413

Georgetown median household income

The median household income in Georgetown is $56,981 and the income per person is $31,035. 21.9% of residents live below the poverty line (South Carolina: 14.1%).

Median household income

Georgetown$56,981
South Carolina$69,324
United States$80,734

Housing in Georgetown: homes for sale and rent

Housing units
4,182
Owner-occupied
71.6%
Renter-occupied
28.4%
Vacant
15.5%Includes seasonal homes
Median year built
1977
Average household size
2.35

Georgetown demographics

Population
8,565
Median age
46.3
Under 18
15.7%
65 and older
28.3%
Households
3,532
Foreign-born
3.1%
Veterans
7.1%Adults 18+

Race and ethnicity

White47.7%
Hispanic or Latino1.8%
Black50.4%
Asian0.3%

Hispanic or Latino can be of any race. Population history of Georgetown ›

Education in Georgetown

22.1% of adults 25 and older in Georgetown have a bachelor's degree or higher (South Carolina: 32.1%), and 7.8% have a graduate or professional degree.

Bachelor's degree or higher

Georgetown22.1%
South Carolina32.1%
United States35.7%

Jobs and commute in Georgetown

Unemployment rate
9.4%State: 4.9%
Average commute
23 minState: 26 min
Work from home
2%
Drive alone
76.2%
Public transit
0%
Walk to work
1.4%
Homes with broadband
79.3%

Georgetown vs nearby towns

TownPopulationMedian incomeHome valueRent
Georgetown8,565$56,981$168,100$780
DeBordieu Colony627$170,750$1,247,400—
Pawleys Island170$122,500$1,694,400—
Litchfield Beach9,044$76,351$459,000$1,704
Dunbar577$91,058——
Andrews3,485$57,247$116,400$1,043
Murrells Inlet10,044$77,438$366,000$1,751
Garden City11,591$47,249$217,400$1,472
McClellanville690$107,083$477,400$1,563

More for people moving to Georgetown

Georgetown ZIP code ›Weather and climate ›

Living in Georgetown: FAQ

What is the median household income in Georgetown, SC?

The median household income in Georgetown is $56,981, 18% lower than the South Carolina median of $69,324 (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 $168,100, compared with $259,000 in South Carolina.

How much is rent in Georgetown?

The median gross rent in Georgetown is $780 per month, about 34.9% of household income.

Is Georgetown, SC a good place to live?

Pluses: home values 35% lower than the state median; an average commute of 23 minutes. Minuses: median household income 18% lower than the South Carolina median; unemployment of 9.4%; a poverty rate of 21.9%.

What is the median age in Georgetown?

The median age in Georgetown is 46.3 years (South Carolina: 40.2).

How long is the commute in Georgetown?

The average commute to work in Georgetown is 23 minutes; 2% of workers work from home.

What is the unemployment rate in Georgetown?

The unemployment rate in Georgetown is 9.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Georgetown?

22.1% 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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