Georgetown is a very small town located in the state of Indiana. With a population of 3,785 people and two associated neighborhoods, Georgetown is the 157th largest community in Indiana. Much of the housing stock in Georgetown was built relatively recently. The construction of new real estate can often be taken as an indication that the local Georgetown economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Georgetown, where the median household income is $105,368.00.
Georgetown real estate is some of the most expensive in Indiana, although Georgetown house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Georgetown has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.54% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Georgetown is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Georgetown’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
As is often the case in a small town, Georgetown doesn't have a public transportation system that people use for their commute.
In terms of college education, Georgetown is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 28.84% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Georgetown in 2022 was $41,345, which is wealthy relative to Indiana, and upper middle income relative to the rest of the US. This equates to an annual income of $165,380 for a family of four.
The people who call Georgetown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Georgetown residents report their race to be White, followed by Black or African-American. Important ancestries of people in Georgetown include German, English, Irish, Italian, and Scottish.
The most common language spoken in Georgetown is English. Other important languages spoken here include Polish and Spanish.