Georgetown: A Charming Community

The labor force participation rate in Georgetown is 56.9%,The labor force participation rate in Georgetown is 56.9%, with an unemployment rate of 6.8%. For those within the labor force, the average commute time is 24.3 minutes. 6.8% of Georgetown’s population have a masters degree, and 8% have earned a bachelors degree. For all those without a college degree, 26.1% have some college, 30% have a high school diploma, and just 29.1% have received an education not as much as high school. 20.2% are not covered by medical health insurance.

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The average family size in Georgetown, DE is 3.51 residential members, with 39.4% being the owner of their particular domiciles. The mean home value is $215361. For those paying rent, they pay out an average of $875 monthly. 43% of households have two sources of income, and a typical household income of $48468. Median individual income is $27231. 19.9% of town residents survive at or beneath the poverty line, and 10.4% are disabled. 6.1% of residents are former members associated with the US military.