The typical owner-occupied home in Georgetown is worth about $429,100, 51% above the Texas median of $283,800 and 29% above the national median of $332,700. Owners pay a median $6,247 a year in property taxes, about 1.46% of their home's value, close to the Texas rate of 1.49%. The median household earns $95,062 a year, so the median home costs 4.5 times the median income (3.6 times for Texas). 69% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Georgetown at a glance
| Georgetown | Texas | U.S. | |
|---|---|---|---|
| Median home value | $429,100 | $283,800 | $332,700 |
| Median property tax paid per year | $6,247 | $4,232 | $3,119 |
| Property tax as a share of value | 1.46% | 1.49% | 0.94% |
| Median household income | $95,062 | $78,476 | $80,734 |
| Homes lived in by their owners | 69% | 63% | 65% |
| Owner homes with a mortgage | 59% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,328 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 21.7% | 21.0% |
| Median rent | $1,795 | $1,403 | $1,413 |
| Rent as a share of renters' income | 33.0% | 30.9% | 30.6% |
| Median year homes were built | 2008 | 1992 | 1980 |
| Vacant homes | 4.9% | 9.4% | 10.1% |
| Population | 85,999 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Georgetown
At this week's average 30-year rate of 7.11%, buying the median Georgetown home of $429,100 with 20% down costs about $3,010 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,725, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $129,006 for the 20%-down payment. That payment is 38% of the median Georgetown household income of $95,062; at that income and 20% down, the 28% guideline points to a home of about $316,000.
The median rent here is $1,795 a month, so owning the median home costs about $1,215 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $85,820 |
|---|---|
| Loan amount | $343,280 |
| Principal and interest | $2,309 |
| Property taxes (1.46% a year) | $522 |
| Homeowners insurance (our estimate, 0.5% a year) | $179 |
| PMI | $0 |
| Total per month | $3,010 |
Change the numbers in the calculator
| Down payment | $15,018 |
|---|---|
| Loan amount | $421,328 |
| Principal and interest | $2,834 |
| Property taxes (1.46% a year) | $522 |
| Homeowners insurance (our estimate, 0.5% a year) | $179 |
| FHA mortgage insurance | $190 |
| Total per month | $3,725 |
Change the numbers in the calculator
Questions about home buying in Georgetown
What is the median home value in Georgetown?
About $429,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Georgetown?
Homeowners pay a median $6,247 a year, which is about 1.46% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Georgetown?
For the median home with 20% down at 7.11%, the payment is about $3,010 a month. Keeping that under 28% of gross income takes about $129,006 a year.
More about Georgetown
- Mortgage Refinance in Georgetown
- Debt Relief in Georgetown
- Home Equity Loans in Georgetown
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data