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 2017
70,685
547,545
2,115,827
Population growth 2007-2017
67.7%
46.5%
34.1%
Land area (sq. mi.) 2010
47.9
1,118.3
4,219.9
Median age 2017
46.6
35.6
34.0
Households 2017
24,237
190,667
784,283
Home ownership rate 2017
71.0%
64.3%
52.4%
Median household income 2017
$70,359
$77,538
$65,500
Per capita income 2017
$36,873
$35,033
$35,339
High school grads 2017
92.7%
93.0%
89.2%
College grads 2017
45.2%
40.7%
43.0%
Labor force 2017
28,097
287,330
1,152,626
Unemployment rate 2017
3.7%
3.2%
3.1%
Public school enrollment 2016-2017
115,575
322,690
High school graduates 2016
7,607
19,682
Retail sales 2016
$1,701 mil.
$9,566 mil.
$35,506 mil.
Business
2016
Establishments
10,057
55,160
Employment
158,525
953,513
Average salary
$51,406
$57,346
Mfg.business
2016
Establishments
351
1,615
Employment
12,064
55,327
Average salary
$105,275
$95,105

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 2017 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