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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 $427,200, higher than the Maine average of $330,167.
The average cost of rent is $1,431/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 16.63% of households rent, and 41.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $7,021 per month. Households that rent pay about 20.38% of their income on rent here. Georgetown’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Five Islands, ME: equally priced homes
- West Georgetown, ME: higher priced homes
- Marrtown, ME: equally priced homes
- MacMahan, ME: less expensive homes
- Southport, ME: higher priced homes
- West Southport, ME: higher priced homes
- Phippsburg, ME: less expensive homes
- West Boothbay Harbor, ME: higher priced homes
- Westport, ME: less expensive homes
- Sebasco Estates, ME: less expensive homes
Cities with Similar Populations
- Trenton, NE: less expensive homes
- Blanco, NM: less expensive homes
- Bombay, NY: less expensive homes
- Bouse, AZ: less expensive homes
- Branch, MO: less expensive homes
- Bridgewater, SD: less expensive homes
- Brownsville, OH: less expensive homes
- Brule, NE: less expensive homes
- Chapman, NE: less expensive homes
- Vansant, VA: less expensive homes
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