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Georgetown, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

During the 2020–2024 ACS period, Georgetown, Illinois had a total population of 3,069, the 423rd largest city in Illinois, with a median household income of $58,182, which is 30% lower than the state average. The poverty rate is 17.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Georgetown Quick Facts

Population 3,069
Median Household Income $58,182
Median Home Value $71,800
Poverty Rate 17.3%
Unemployment Rate 2.7%
Median Age 40.9 years
Homeownership Rate 74.3%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 14.1%
High School Graduation Rate 93.8%
Diversity Index 23/100
Population 3,069 423rd of 1,445
Median Income $58,182 bottom 30%
Poverty Rate 17.3% 39% higher than national
Median Home Value $71,800 bottom 20%

How Georgetown Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,1053,069-1.2%
Median household income$56,781$58,182+2.5%
Median home value$70,500$71,800+1.8%

How Georgetown Compares

Economy & Housing

Household Income Distribution

Under $25K 17.8%
$25K-$50K 22.9%
$50K-$100K 37.2%
$100K+ 22.1%
Detailed income brackets
Under $10K
6.0%
$10K-$15K
4.9%
$15K-$20K
4.0%
$20K-$25K
2.9%
$25K-$30K
3.4%
$30K-$35K
6.0%
$35K-$40K
4.8%
$40K-$45K
5.2%
$45K-$50K
3.4%
$50K-$60K
13.8%
$60K-$75K
12.9%
$75K-$100K
10.5%
$100K-$125K
12.2%
$125K-$150K
7.4%
$150K-$200K
2.0%
$200K+
0.6%

Employment

2.7% Unemployment Rate State: 5.8%|National: 5.2%
56.4% Labor Force Participation

Housing Overview

Owner 74.3%
Renter 25.7%
Affordability Index Very Affordable
1.2x home value to income ratio
Median gross rent $757/mo 15.6% of median household income annually

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Georgetown Rankings in Illinois

#423 Population of 1,445
#970 Median Income of 1,374
#929 Education of 1,444
#1197 Home Value of 1,372

Other Cities in Vermilion County

CityPopulationMedian IncomePovertyHome Value
Danville 28,595 $45,957 24.5% $79,000
Hoopeston 5,034 $60,861 15.6% $78,100
Westville 3,419 $54,912 18.6% $100,000
Tilton 2,453 $55,697 17.3% $70,400
Catlin 2,160 $72,277 3.9% $124,700
Oakwood 1,380 $46,293 24.8% $103,000
Rossville 1,332 $62,417 10.4% $92,200
Ridge Farm 827 $50,313 10.2% $73,200
Potomac 605 $53,194 7.6% $95,500
Rankin 601 $41,250 49.1% $56,900

Cities Similar to Georgetown

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ingalls Park3,015$57,917$157,80012.4%21.9%
Galena2,931$58,689$233,20036.3%6.4%
Momence3,291$58,365$154,80014.8%10.1%
Newton2,932$61,761$95,40020.2%11.1%
Nashville2,940$63,170$156,50021.1%6.8%

Population Overview

Georgetown is a small community located in Illinois, within Vermilion County. The total population is 3,069. It ranks as the 423rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Georgetown is 40.9 years. This is 5% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Georgetown is $58,182. This is 30% lower than the state median of $83,390. It is also 28% lower than the national median of $80,734. The poverty rate stands at 17.3%. This is 47% higher than the state poverty rate of 11.8%. The unemployment rate is 2.7%. This is 53% lower than the state rate of 5.8%. The median home value is $71,800. Housing costs are 73% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.2x, Georgetown is one of the most affordable housing markets in the area. 74.3% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 67.1%.

Race & Ethnicity

Georgetown has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Hispanic or Latino residents account for 5.4%. The White (non-Hispanic) population is significantly higher than the state average (87.6% vs 58.1%). The Black or African American population (4.2%) is well below the state average of 13.3%. The Hispanic or Latino population (5.4%) is well below the state average of 18.8%.

Education

14.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.8%.

Data Sources & Methodology

All demographic data for Georgetown, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Georgetown, Illinois?

Georgetown, Illinois has a population of 3,069 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Georgetown, IL?

The median household income in Georgetown is $58,182, which is 28% lower than the national median of $80,734.

What is the poverty rate in Georgetown, IL?

The poverty rate in Georgetown is 17.3%. This means approximately 530 residents live below the federal poverty line.

What is the racial makeup of Georgetown, Illinois?

Georgetown's population is 87.6% White, 4.2% Black, 5.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Georgetown, IL?

The median home value in Georgetown is $71,800. The home-value-to-income ratio is 1.2x.

How educated is Georgetown, Illinois?

14.1% of adults (25+) in Georgetown hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.