Georgetown, CT
Population 1,751 · Connecticut
About Georgetown, CT
Georgetown is a small town located in Connecticut with a population of 1,751 residents according to the latest US Census Bureau American Community Survey data. The median household income is $163,158 per year, which is 117% above the national median of $75,149. The median age of 43.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Georgetown features a median home value of $677,300, which is 177% above the national median of $244,900. This places Georgetown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,500, 201% above the national average of $1,163/month. Of the 635 total housing units, 87% are owner-occupied (542 units) and 13% are renter-occupied (84 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Georgetown shows an unemployment rate of 9.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Georgetown have an average one-way commute time of 34.4 minutes.
Education & Demographics
59.4% of Georgetown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, and 1.6% Asian residents, with 8.3% of the population being foreign-born.
How Georgetown Ranks in Connecticut
Cost of Living in Georgetown, CT
Compared to national averages, Georgetown has a median household income of $163,158 (117% above the national median of $75,149). Home values average $677,300, which is 177% above the national median. Monthly rent at $3,500 is 201% above the US average of $1,163. Within Connecticut, Georgetown's income is 33% above the state average of $123,065, and home values are 31% above the state median of $516,920.
Why Live in Georgetown, CT?
Georgetown offers a strong local economy with a median household income of $163,158, well above the national average, and a well-educated community where 59.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $677,300. However, Georgetown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Georgetown has a population of 1,751 with a median age of 43.9 years. Compare Georgetown with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Georgetown
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stratford Downtown | 1,758 | $73,875 | $291,300 | Compare |
| Wilton Center | 1,730 | $116,081 | $493,400 | Compare |
| New Hartford Center | 1,691 | $78,487 | $216,700 | Compare |
| Moodus | 1,815 | $88,482 | $259,000 | Compare |
| Madison Center | 1,818 | $190,769 | $816,800 | Compare |
| Chester Center | 1,876 | $73,542 | $397,400 | Compare |
| Noank | 1,617 | $114,479 | $571,900 | Compare |
| Tariffville | 1,607 | $103,125 | $270,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Georgetown With Other Cities
Frequently Asked Questions about Georgetown
What is the population of Georgetown, CT?
The population of Georgetown, CT is 1,751 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Georgetown?
The median household income in Georgetown, CT is $163,158 per year, which is 117% above the national median of $75,149.
What is the median home value in Georgetown?
The median home value in Georgetown, CT is $677,300, which is 177% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Georgetown?
The median monthly rent in Georgetown, CT is $3,500, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown, CT is 9.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Georgetown, CT a good place to live?
Georgetown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,751 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Georgetown, CT?
59.4% of residents in Georgetown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Georgetown?
Key cost-of-living indicators for Georgetown, CT: median home value is $677,300 (177% above national), median rent is $3,500/month, and median household income is $163,158. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Georgetown?
The poverty rate in Georgetown, CT is 0.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Georgetown, CT?
Georgetown's population is 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, 1.6% Asian, and 0.1% two or more races. 8.3% of residents are foreign-born.