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With its rich history and commitment to maintaining an exceptional quality of life, Georgetown welcomes a growing population dedicated to supporting the success of its vibrant business community.

Nestled on the northern fringes of the Austin metropolitan area, adjacent to I-35, Georgetown proudly earned the title of the fastest-growing city in the nation in 2021. This extraordinary surge in growth, driven by the expansion of existing businesses and the establishment of new enterprises, resulted in a remarkable 8% increase in employment for the year—significantly surpassing the national average of 3.2%.

Georgetown distinguishes itself with its city-owned utility, Georgetown Utility Systems, providing 100% renewable power to all customers. This commitment to wind and solar power not only reduces pollution but also conserves water, enabling lower rates for electric customers. In anticipation of exponential growth, the city has undertaken major road improvements, including the Southwest bypass and the Mays Street extension. Adding to its appeal, Georgetown boasts a towered Reliever General Aviation Airport with a 5,004-foot runway and top-notch fixed-base operators, offering a viable alternative for business and recreational flights to and from Austin-Bergstrom.

The Georgetown Railroad, a short-line, dual-rail carrier, enhances connectivity by providing direct links to both Union Pacific and Burlington Northern Santa Fe Railroads. A recent Target Industry and Workforce Analysis, commissioned by the city, revealed a labor shed of over 700,000 workers. The analysis underscored Georgetown’s thriving advanced manufacturing business community, along with burgeoning life sciences and healthcare sectors. Notably, national developers have taken notice of this growth and are actively engaged in planning or constructing office, retail, and flex space projects.

Georgetown stands out as a city where citizens and businesses alike benefit from abundant natural resources, excellent schools, low crime rates, a tightly-knit community, and a government that fosters a business-friendly environment.

GEORGETOWN
WILLIAMSON COUNTY
AUSTIN MSA
Population 2023
96,312
697,191
2,473,275
Population growth 2013-2023
75.6%
48.2%
31.3%
Land area (sq. mi.) 2020
57.3
1,115.8
4,219.5
Median age 2024
45.3
37.5
35.5
Households 2024
35,783
263,320
992,698
Home ownership rate 2024
71.3%
67.7%
58.0%
Median household income 2024
$94,370
$106,629
$98,368
Per capita income 2024
$56,554
$52,094
$54,422
High school grads 2024
95.2%
95.2%
92.9%
College grads 2024
50.7%
49.7%
51.9%
Labor force 2023
40,625
380,582
1,454,802
Unemployment rate 2023
4.0%
3.4%
3.3%
Public school enrollment 2021-2022
124,420
328,852
High school graduates 2022
9,010
22,140
Retail sales 2023
$2,763 mil.
$14,103 mil.
$48,390 mil.
Business
2023
Establishments
15,405
76,406
Employment
223,186
1,248,890
Average salary
$74,928
$84,375
Mfg.business
2023
Establishments
492
2,239
Employment
15,819
72,133
Average salary
$144,033
$126,226

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 2024 demographic estimates; and U.S. Census Bureau for all other data.

contact
Organization:
City of Georgetown Economic Development Department
Location:
808 Martin Luther King St. Georgetown, TX 78626