Housing costs in Georgetown?
A typical home costs
$66,700, which is 80.3% less expensive than the national average of
$338,100 and 63.3% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Georgetown costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$840.
Can I afford Georgetown?
To live comfortably in Georgetown, Arkansas, a minimum annual income of
$12,960 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Georgetown?
Georgetown, AR has an affordable cost of living compared to the national average. The median home value is $77,800, which is significantly lower than the national median home value of $231,200. The median household income in Georgetown is $38,917 per year, which is lower than the U.S. median of $61,937 per year. Additionally, the cost for groceries and healthcare are relatively lower when compared to the rest of the country. All these factors make Georgetown an attractive option for individuals and families looking for a place to live at an affordable cost.