Georgetown, DE
Population 7,456 · Delaware
About Georgetown, DE
Georgetown is a small town located in Delaware with a population of 7,456 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,423 per year, which is 37% below the national median of $75,149. The median age of 30.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Georgetown features a median home value of $266,100, which is 9% above the national median of $244,900. This positions Georgetown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,333, 15% above the national average of $1,163/month. Of the 2,609 total housing units, 42% are owner-occupied (1,043 units) and 58% are renter-occupied (1,444 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Georgetown shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.9%, above the national average of 12.4%. Workers in Georgetown have an average one-way commute time of 28.2 minutes.
Education & Demographics
15.3% of Georgetown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 5.3% White, 2.0% Hispanic or Latino, 0.6% Black or African American, and 46.6% Asian residents, with 29.6% of the population being foreign-born.
How Georgetown Ranks in Delaware
Cost of Living in Georgetown, DE
Compared to national averages, Georgetown has a median household income of $47,423 (37% below the national median of $75,149). Home values average $266,100, which is 9% above the national median. Monthly rent at $1,333 is 15% above the US average of $1,163. Within Delaware, Georgetown's income is 45% below the state average of $85,962, and home values are 31% below the state median of $387,860.
Why Live in Georgetown, DE?
Georgetown offers a strong job market with an unemployment rate of just 3.1%.
Potential considerations include median household income ($47,423) that falls below the national average. However, Georgetown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Georgetown has a population of 7,456 with a median age of 30.3 years. Compare Georgetown with other cities to see how it stacks up, or explore all cities in Delaware.
Similar Cities Near Georgetown
Cities in Delaware with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pike Creek | 7,185 | $135,703 | $414,700 | Compare |
| Millsboro | 7,152 | $77,750 | $297,000 | Compare |
| Wilmington Manor | 8,030 | $72,346 | $220,400 | Compare |
| North Star | 8,178 | $167,664 | $566,500 | Compare |
| Edgemoor | 6,671 | $79,572 | $291,000 | Compare |
| Seaford | 8,255 | $51,120 | $223,700 | Compare |
| Elsmere | 6,189 | $76,378 | $210,200 | Compare |
| New Castle | 5,519 | $92,565 | $262,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Delaware
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, DE?
The population of Georgetown, DE is 7,456 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Delaware.
What is the median household income in Georgetown?
The median household income in Georgetown, DE is $47,423 per year, which is 37% below the national median of $75,149.
What is the median home value in Georgetown?
The median home value in Georgetown, DE is $266,100, which is 9% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Georgetown?
The median monthly rent in Georgetown, DE is $1,333, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown, DE is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Georgetown, DE a good place to live?
Georgetown offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 7,456 and a median age of 30.3, the city appeals to young professionals and families.
How educated is Georgetown, DE?
15.3% of residents in Georgetown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Georgetown?
Key cost-of-living indicators for Georgetown, DE: median home value is $266,100 (9% above national), median rent is $1,333/month, and median household income is $47,423. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Georgetown?
The poverty rate in Georgetown, DE is 15.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Georgetown, DE?
Georgetown's population is 5.3% White, 2.0% Hispanic or Latino, 0.6% Black or African American, 46.6% Asian, and 10.1% two or more races. 29.6% of residents are foreign-born.