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The total population of Georgetown is estimated to be 3,144 with 1,657 males (52.70%) and 1,487 females (47.30%). There are 170 less females than males in Georgetown.
The median household income in Georgetown was $53,488 in 2021, which marked an a decrease of 2,838(5.04%) from $56,326 in 2020. This income is 71.69% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Georgetown sees its highest median household income among householders in the age group of 25 to 44 years old, at $58,437. Overall, the median household income for the city of Georgetown stands at $53,488.
In Georgetown, the median income for all workers aged 15 years and older, regardless of work hours, was $39,665 for males and $24,351 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,325 for males and $51,454 for females.
In Georgetown, there are just two different racial groups among households. Among these, White households report a median household income of $55,078, while Black or African American households have a median household income of $49,386.
In 2022, the population of Georgetown was 3,059, a 1.32% decrease year-by-year from 2021. Previously, in 2021, Georgetown's population was 3,100, a decline of 1.05% compared to a population of 3,133 in 2020.
The median age in Georgetown, IL is 44.8, as per 2021 ACS 5-Year Estimates. Of the total population, 13.32% were under the age of 15, 13.80% aged 15 to 29, 50.82% aged 30 to 64, 17.06% aged 65 to 84, and 5.00% were 85 years of age and older.
Racial distribution of Georgetown population: 92.17% are White, 6.69% are Black or African American, 0.25% are Native Hawaiian and other Pacific Islander and 0.88% are multiracial.