Situated in the rural town of Georgetown, Louisiana, is an affordable and quaint place to live. The average two-bedroom apartment rent is significantly cheaper than the national average of $1,430 - coming in at just $800. Additionally, the cost of groceries for residents of Georgetown is much lower than the US average - clocking in at 88 on a grocery cost index versus 100 for the US.
Local companies that can be found in Georgetown include C & T Engineering, which offers engineering services, as well as Bayou Bait and Tackle Co., which provides custom fishing tackle and apparel. Other businesses such as Joe Bob's Sporting Goods offer hunting supplies and outdoor sporting gear. Also located in Georgetown are Spivey's Auto Repair and Service Center, Super One Stop convenience store and Espresso Coffee shop.
Georgetown has an unemployment rate of 4.2%. The US average is 6.0%.
Georgetown has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 6.0%. The US average is 4.6%.
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Income and Salaries for Georgetown
- The average income of a Georgetown resident is $19,989 a year. The US average is $37,638 a year.
- The Median household income of a Georgetown resident is $44,821 a year. The US average is $69,021 a year.