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These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $750,110, higher than the Connecticut average of $418,901.
The average cost of rent is $2,523/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 11.59% of households rent, and 25.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $16,660 per month. Households that rent pay about 15.14% of their income on rent here. Georgetown’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cannondale, CT: higher priced homes
- Redding, CT: equally priced homes
- Wilton, CT: higher priced homes
- Weston, CT: higher priced homes
- Ridgefield, CT: higher priced homes
- South Salem, NY: equally priced homes
- Easton, CT: equally priced homes
- Pound Ridge, NY: higher priced homes
- Scotts Corners, NY: higher priced homes
- New Canaan, CT: higher priced homes
Cities with Similar Populations
- Trego, MT: less expensive homes
- East Blythe, CA: less expensive homes
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- Eitzen, MN: less expensive homes
- Teasdale, MS: less expensive homes
- Thrasher, MS: less expensive homes
- Tinian, NM: less expensive homes
- Tippettville, GA: less expensive homes
- Topsail Beach, NC: less expensive homes
- Topton, NC: less expensive homes
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