Georgetown, Kentucky is a city located in Scott County with a population of 40,324. It is an ideal place to live as the average cost for 2 bedroom rent is only $1,040 per month, significantly lower than the national average of $1,430. The area also offers great value for grocery shopping with a Grocery Cost Index of 98 compared to the US index of 100. Locals can purchase their groceries from popular stores such as Walmart, Kroger and Super Dollar Food Store. There are also several local businesses such as Georgetown Jewelers, Georgetown Tire and Automotive Center and Supreme Auto detailing that offer quality products and services.
Georgetown (zip 40324) has an unemployment rate of 4.1%. The US average is 6.0%.
Georgetown (zip 40324) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown (zip 40324)
- The Sales Tax Rate for Georgetown (zip 40324) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Georgetown (zip 40324) is 8.3%. The US average is 4.6%.
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Income and Salaries for Georgetown (zip 40324)
- The average income of a Georgetown (zip 40324) resident is $34,192 a year. The US average is $37,638 a year.
- The Median household income of a Georgetown (zip 40324) resident is $72,348 a year. The US average is $69,021 a year.