Apartments for rent in Georgetown, DE

Georgetown, Delaware is a small town with slightly less than 7,000 residents. Families with young children are customary, as kids under 5 account for an above-average percentage of the community, though young professionals are also well-represented. With an average age of just over 35, the town's residents are notably younger than most cities in Delaware, ranking as the sixth-youngest municipality in the state. Residents are evenly split between owning (50%) and renting (50%) their residence. With a relatively low average rent of $822 per month in the town, renting remains an affordable option, particularly compared to other cities in Delaware. Over the course of a year, renters in Georgetown will save around $3,200 compared to the state average.

Georgetown has an average commute time of about 27 minutes. Driving a car or truck is the most common mode of getting to work, chosen by 32% of workers, while public transportation isn't used widely. Walking isn't a common method of commuting to work.

Many Georgetown residents work in one of two industries: retail and healthcare. Combined, these industries make up 13% of the town's workforce. Meanwhile, looking at job function, 8% of residents work in transportation, which ranks as the top field in the town. With an average annual income of just under $59K, Georgetown workers earn about $16,000 less than the average Delaware resident. Georgetown's average income also trails the national average of $73,345. Compared to the national average, Georgetown has a relatively high concentration of residents over the age of 25 who have earned a high school degree or equivalent (23%). Additionally, 6% have earned a Bachelor's, Master's, Professional, or Doctoral degree.