Georgetown

Located on the north side of the Austin metro area along I-35, Georgetown has been one of the top five fastest growing cities in the nation the last three years. With a population growth of over 7.5% in 2015 and 5.5% in 2016, residential and commercial developers are racing to keep up. The growth of existing businesses and new businesses opening in Georgetown has spurred job growth of over 3% which is well over the national average of 1.59%.

Our City-owned utility, Georgetown Utility Systems, provides 100% renewable power to all of its customers. The City’s transition to wind and solar power reduces pollution, saves water and allows for lower rates to our electric customers. Georgetown is staying ahead of the growth with several major road improvements including the Southwest bypass and the Mays Street extension. Our towered Reliever General Aviation Airport with a 5,004-foot runway and first class FBO’s provide an alternative to Austin-Bergstrom for business and recreational flights. Georgetown Railroad, a short-line, dual-rail carrier, provides direct connections to both Union Pacific and Burlington Northern Santa Fe Railroads.

A recent Target Industry and Workforce Analysis commissioned by the City of Georgetown identified more than 700,000 workers in our labor shed. The analysis also highlighted Georgetown’s strong advanced manufacturing business community and growing life sciences and healthcare sectors. Prominent, national developers have noticed this growth and are in the planning or building stages of office, retail, and flex space projects.

Georgetown businesses and citizens enjoy abundant natural resources, excellent schools, low crime, a truly synergistic community, and business-friendly government. Georgetown is a beautiful city rich with history where the growing population is committed to maintaining an excellent quality of life while supporting the success of its business community.

GEORGETOWN
WILLIAMSON COUNTY
AUSTIN MSA
Population 2020
67,176
609,017
2,283,371
Population growth 2010-2020
41.7%
44.1%
33.0%
Land area (sq. mi.) 2020
57.3
1,115.8
4,219.5
Median age 2021
45.1
36.1
34.7
Households 2021
29,221
232,052
894,088
Home ownership rate 2021
76.8%
70.6%
57.4%
Median household income 2021
$79,355
$90,473
$81,998
Per capita income 2021
$41,891
$41,068
$41,805
High school grads 2021
93.8%
94.0%
90.9%
College grads 2021
42.3%
42.8%
46.0%
Labor force 2020
33,116
318,447
1,242,659
Unemployment rate 2020
6.5%
5.9%
6.2%
Public school enrollment 2021-2020
125,206
338,710
High school graduates 2019
8,470
21,607
Retail sales 2020
$1,861 mil.
$9,812 mil.
$37,406 mil.
Business
2020
Establishments
12,676
65,881
Employment
179,754
1,031,078
Average salary
$66,428
$72,107
Mfg.business
2020
Establishments
424
1,942
Employment
14,374
61,958
Average salary
$147,590
$113,744

Sources: Texas Comptroller for retail sales; Texas Workforce Commission for labor force, unemployment, businesses, employees, and salaries; Texas Education Agency for public school enrollment and graduates; ESRI for 2021 demographic estimates; and U.S. Census Bureau for all other data.




Contact

City of Georgetown Economic Development Department
Kim McAuliffe
Interim Economic Development Director
808 Martin Luther King St.
Georgetown, TX 78626
Phone: 512.930.2027

https://invest.georgetown.org