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 2018
74,180
566,719
2,168,316
Population growth 2008-2018
66.7%
43.3%
32.7%
Land area (sq. mi.) 2018
54.8
1,118.3
4,221.6
Median age 2019
45.7
35.9
34.3
Households 2019
24,997
206,115
842,329
Home ownership rate 2019
78.0%
71.7%
59.6%
Median household income 2019
$75,190
$82,825
$75,946
Per capita income 2019
$38,937
$38,425
$38,963
High school grads 2019
93.4%
93.6%
90.3%
College grads 2019
42.2%
41.7%
44.3%
Labor force 2018
29,873
300,336
1,197,091
Unemployment rate 2018
3.6%
3.1%
2.9%
Public school enrollment 2018-2019
121,683
330,708
High school graduates 2017

7,848

19,985
Retail sales 2018
$1,718 mil.
$10,134 mil.
$36,488 mil.
Business
2018
Establishments
11,.291
59,844
Employment
173,124
1,020,498
Average salary
$55,633
$62,331
Mfg.business
2018
Establishments
399
1,773
Employment
13,155
60,133
Average salary
$108,752
$99,563

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 2019 demographic estimates; and U.S. Census Bureau for all other data.




Contact

City of Georgetown Economic Development Department
Michaela Dollar
Director of Economic Development
809 Martin Luther King St., 2nd Fl.
Georgetown, TX 78626
Phone: 512.930.3688

https://invest.georgetown.org