Georgetown, Texas has an overall cost of living index of 98.8, which is 1.2 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,671 per month, while the typical home is valued around $398,600. Households earn a median of $91,857 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$91,857
Annual · Census ACS
Median Gross Rent
$1,671
Per month · Census ACS
Median Home Value
$398,600
Census ACS
Cost of Living Index
98.8
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.8
Goods
93.7
Rents / Housing
126.3
Services
87.4
Source: BEA Regional Price Parities (metro-level)
State Income Tax
None
No state income tax on wages
State Sales Tax
6.25%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $132,500 |
| 🏥Registered Nurse | $95,150 |
| 📚Elementary Teacher | $65,530 |
| ⚡Electrician | $58,150 |
| 📊Accountant | $89,950 |
Source: BLS OEWS 2023 (metro-level data)
Population
78,803
Latest estimate
Median Age
44.3 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Georgetown?
Georgetown has a Regional Price Parity (RPP) index of 98.8. The US national average is 100, so Georgetown is 1.2 points below the national average.
What is the median rent in Georgetown?
The median gross rent in Georgetown is $1,671 per month according to US Census ACS data.
What is the median household income in Georgetown?
The median household income in Georgetown is $91,857 per year.
What is the median home value in Georgetown?
The median home value in Georgetown is $398,600 based on the latest Census ACS survey.
How is the air quality in Georgetown?
Air quality data for Georgetown is not yet available.
What are the taxes like in Georgetown?
Texas has no state income tax on wages and a statewide sales tax of 6.25% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology