Georgetown

If you’re looking to move into a suburb or city near Austin, you should be looking at Georgetown. A mere 30 miles north of Austin, Georgetown is home to just 28,000 people, with a rich history and a big-hearted local population. With good schools, historical architecture, and its signature red poppy flower, Georgetown could be the ideal city for you to call home.

That said, you may need some help finding houses that match your ideal description—which is where Green Residential comes into play. We’re a property management firm with more than 40 years of experience in real estate, and we have a full team of real estate agents ready and willing to help people like you find the right home in the Georgetown, Texas area.

Ready to Invest in Georgetown, Texas? Here’s What You Need to Know

Austin, Texas is a heavily populated and exciting city in Texas, but if you want to invest in a property, downtown Austin presents some challenges—including high prices and limited inventory. Georgetown is an attractive suburb that can help you establish property near Austin, giving your family a wonderful place to live or offering a lucrative rental property opportunity.

Location of Georgetown

Georgetown is approximately 30 miles north of Austin, just north of Round Rock. It occupies a total of 25 square miles, with 2.1 square miles covered by water. It’s on the northeastern edge of Texas Hill Country, and portions of Georgetown spill over into the Balcones Escarpment. It has convenient access to Interstate 35, as well as the North and Middle Forks of the San Gabriel River.

Population and Demographics

According to the 2010 census, the population of Georgetown was just 28,339 people, but that number has since grown to more than 50,000. The racial makeup of the city is approximately 85.4 percent white, 3.4 percent African American, and less than 1 percent Asian, with 18 percent of the population being Hispanic or Latino.

There were approximately 10,400 households in 2010, with 31.8 percent of those featuring children under the age of 18. Roughly 61.6 percent of households were married couples living together, and the average household size was 2.52, with an average family size of 2.92.

Approximately 23.4 percent of the population was under the age of 18, 11.4 percent from 18 to 24, 26.3 percent from 25 to 44, 21.3 percent from 45 to 64, and 17.7 percent who were 65 or older. The population skews slightly older due to Sun City, Texas, the large age-restricted retirement community where much of Georgetown’s population resides.

The median household income in the city was $54,098, with a family income of $63,338. The per capita income for the city was $24,287, with 4.4 percent of families and 7.2 percent of the population overall living below the poverty line.

Area History

Georgetown was originally named after George Washington Glasscock, who founded the city. The area grew popular due to its clear water and abundance of timber, along with its accessible, fertile ground. For most of the 19th and 20th centuries, the economy of Georgetown was agrarian, seeing a boost with the construction of a nearby railroad in 1878.

Thanks to the expansive industrial and commercial growth of the nearby major city of Austin, Georgetown saw a boom in activity throughout the 1960s and beyond. Since 2000, Georgetown has been featured in a number of publications as being one of the fastest-growing cities in the United States—and it’s also been named one of the best places to own a business.

As of 2017, the city is powered by 100 percent green energy.

Education

Residents in Georgetown are often served by the Georgetown Independent School District, which features 11,537 students. However, with only 17 schools, you may also be served by the nearby Leander Independent School District, with more than 39,000 active students and 41 schools.

On GreatSchools.org, elementary schools, middle schools, and high schools each have at least one school with a 9/10 rating.

Things to Do

If you’re looking for things to do in and around Georgetown, these are some of the top highlights:

• The San Gabriel River. Much of Georgetown’s park system is developed around the San Gabriel River. Throughout the city, you’ll find individual parks, bike trails, and beautiful spots where you can enjoy a view of the natural scenery. It’s great for lovers of the outdoors.
• Red poppies. Georgetown is known as the “red poppy” capital of Texas, due to the bright flower being planted and visible throughout the city.
• Golf courses. Georgetown is also home to several impressive golf courses, including the Georgetown Country Club, Cowan Creek Golf Course, and White Wing Golf Course.
• Historic architecture. Additionally, Georgetown is home to a wide variety of historical buildings, which is great if you’re a history buff. There are three National Register Historic Districts in the city: Williamson County Courthouse District, Belford National District, and the University Avenue/Elm Street District.

Home Prices and Trends

Overall, the housing market in Georgetown Texas is flourishing. The Neighborhood Scout crime index is 56, meaning Georgetown is safer than 56 percent of U.S. cities. There are approximately 78 violent crimes and 747 property crimes per year, leading to a total crime rate of 11.12 per 1,000 residents, and only 1.05 violent crimes per 1,000 residents per year.

The median value for a home in Georgetown is $300,383. Most houses, at 39.1 percent, fall between $247,001 and $371,000. Another 26.3 percent of houses fall between $124,001 and $247,000. And 16.8 percent of houses falling between $371,001 and $495,000. This makes homes in Georgetown higher valued than houses elsewhere in the state and in the nation.

There are currently 25,649 houses and apartments in Georgetown, with an average market rent of $2,005 per month. Roughly 71.5 percent of homes are owned, with 28.5 percent being rented, and 5.1 percent currently vacant.

More than half of homes in Georgetown were built in 2000 or more recently, with 41.1 percent of homes built from 1970 to 1999. More than three-quarters of homes are single-family, with 10.8 percent being apartment complexes and 6.8 percent being small apartment buildings.

Is Georgetown the Best Place for You?

Is Georgetown the right city for your next Texas home? It could be, if these apply to you:

• You love the outdoors. There’s certainly no shortage of parks or natural environments to explore in the Georgetown area, so if you love the outdoors, this could be the city for you.
• You’re interested in history. You may also love Georgetown’s three historic districts, and impressively preserved architecture.
• You’re looking for a retirement community. If you’re older and looking for a retirement community, or similarly-aged residents to share the city with, Georgetown could be right for you.

Want to learn more about Georgetown Texas? Do you need help finding homes to tour in the Georgetown Texas area? Make use of our in-depth search tool or contact us directly to learn more!