Georgetown, IN
Population 3,789 · Indiana
About Georgetown, IN
Georgetown is a small town located in Indiana with a population of 3,789 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,537 per year, which is 47% above the national median of $75,149. The median age of 34 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 $262,600, which is 7% 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 $874, 25% below the national average of $1,163/month. Of the 1,503 total housing units, 82% are owner-occupied (1,084 units) and 18% are renter-occupied (245 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Georgetown shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Georgetown have an average one-way commute time of 29.8 minutes.
Education & Demographics
35.5% of Georgetown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 0.7% of the population being foreign-born.
How Georgetown Ranks in Indiana
Cost of Living in Georgetown, IN
Compared to national averages, Georgetown has a median household income of $110,537 (47% above the national median of $75,149). Home values average $262,600, which is 7% above the national median. Monthly rent at $874 is 25% below the US average of $1,163. Within Indiana, Georgetown's income is 59% above the state average of $69,330, and home values are 61% above the state median of $163,409.
Why Live in Georgetown, IN?
Georgetown offers a strong local economy with a median household income of $110,537, well above the national average, and rent that’s lower than the national average at $874/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a well-educated community where 35.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.3%, better than the national average.
Georgetown has a population of 3,789 with a median age of 34 years. Compare Georgetown with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Georgetown
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Knox | 3,843 | $45,647 | $125,300 | Compare |
| Hebron | 3,712 | $72,282 | $172,400 | Compare |
| Aurora | 3,704 | $46,733 | $123,600 | Compare |
| Middlebury | 3,681 | $81,094 | $230,300 | Compare |
| Berne | 3,906 | $59,413 | $145,600 | Compare |
| Leo-Cedarville | 3,670 | $107,466 | $284,900 | Compare |
| Chandler | 3,935 | $63,681 | $128,200 | Compare |
| Upland | 3,935 | $74,663 | $170,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
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, IN?
The population of Georgetown, IN is 3,789 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Georgetown?
The median household income in Georgetown, IN is $110,537 per year, which is 47% above the national median of $75,149.
What is the median home value in Georgetown?
The median home value in Georgetown, IN is $262,600, which is 7% 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, IN is $874, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Georgetown?
The unemployment rate in Georgetown, IN is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Georgetown, IN a good place to live?
Georgetown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,789 and a median age of 34, the city appeals to young professionals and families.
How educated is Georgetown, IN?
35.5% 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, IN: median home value is $262,600 (7% above national), median rent is $874/month, and median household income is $110,537. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Georgetown?
The poverty rate in Georgetown, IN is 1.3%, 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, IN?
Georgetown's population is 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 0.3% two or more races. 0.7% of residents are foreign-born.