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Affordable
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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 $678,120, higher than the Massachusetts average of $625,090.
The average cost of rent is $1,900/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 16.03% of households rent, and 19.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $13,209 per month. Households that rent pay about 14.38% of their income on rent here. Georgetown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Boxford, MA: less expensive homes
- Groveland, MA: less expensive homes
- Byfield, MA: higher priced homes
- Boxford, MA: higher priced homes
- Rowley, MA: equally priced homes
- West Newbury, MA: higher priced homes
- Topsfield, MA: higher priced homes
- Haverhill, MA: less expensive homes
- Ipswich, MA: higher priced homes
- North Andover, MA: equally priced homes
Cities with Similar Populations
- Salamanca, NY: less expensive homes
- Jim Thorpe, PA: less expensive homes
- Joelton, TN: less expensive homes
- Jonestown, PA: less expensive homes
- Kalama, WA: less expensive homes
- Kasson, MN: less expensive homes
- Kershaw, SC: less expensive homes
- Kewaskum, WI: less expensive homes
- Kunkletown, PA: less expensive homes
- Le Roy, NY: less expensive homes
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