Salary & Cost of Living in Georgetown, KY
Georgetown, KY: $37,363 median salary, cost of living index 80.9, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$37,363
$18/hr
Cost of Living
80.9
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.8%
rate
Georgetown, KY Overview
Population
36,250
Median Salary
$37,363
Average Salary
$41,847
Avg Commute
19 min
Median Home Price
$177,000
Median Rent
$726/mo
Job Growth
+2.4%
Sales Tax
6%
Georgetown is located in Kentucky with a population of 36,250. The median household salary is $37,363 per year ($18/hour), which is $22,021 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2.4%.
Georgetown Salary by Experience Level (2026)
Wage distribution in Georgetown, KY based on BLS percentile breakdown of the $37,363 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $23,165 | $11.14/hr | 0–2 years |
| Mid-Level (Median) | $37,363 | $17.96/hr | 3–7 years |
| Senior-Level | $53,055 | $25.50/hr | 8–15 years |
| Top 10% (90th Percentile) | $66,506 | $31.97/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Georgetown Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Georgetown, KY, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$30,274
$2,522.81/month · $1,164.37/biweekly · Effective Rate: 19.0%
Gross Pay
$37,363
Federal Tax
-$2,445
State Tax
-$1,495
Local Tax
-$291
FICA
-$2,858
Net Pay
$30,274
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,113.58 | $37,363.00 |
| Federal Income Tax | -$203.76 | -$2,445.06 |
| Kentucky State Tax (4%) | -$124.54 | -$1,494.52 |
| Local Tax (0.78%) | -$24.29 | -$291.43 |
| Social Security (6.2%) | -$193.04 | -$2,316.51 |
| Medicare (1.45%) | -$45.15 | -$541.76 |
| Net Take-Home Pay | $2,522.81 | $30,273.72 |
Salary Comparison: Georgetown vs Other Cities
See how Georgetown's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Georgetown, KY | $37,363 | 80.9 | $46,184 |
| National Average | $59,384 | 100 | $59,384 |
| Jeffersontown, KY | $37,522 | 79.7 | $47,079 |
| Henderson, KY | $37,183 | 81.7 | $45,512 |
| Victorville, CA | $37,578 | 104.5 | $35,960 |
| Richmond, KY | $37,620 | 86.4 | $43,542 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Georgetown
Georgetown's cost of living index is 80.9 (national average = 100). Living in Georgetown is 19.099999999999994% less expensive than the national average.
Median Home Price
$177,000
Median Monthly Rent
$726
Annual Rent Cost
$8,712
Your Salary's Purchasing Power
Your $30,274 annual take-home pay in Georgetown has the purchasing power of approximately $37,421 in an average-cost US area. Your $37,363 salary stretches further here than in most US cities.
Top Industries in Georgetown
Georgetown's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $37,363.
Salary Tips for Georgetown Workers
- Your salary goes further here. Georgetown has a cost of living 19.099999999999994% below the national average. A salary of $37,363 here has the purchasing power of about $46,184 in an average-cost area.
- Research top industries. Georgetown's top industries include Automotive, Healthcare, Bourbon. Targeting roles in these sectors can help you earn above the $37,363 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Georgetown salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Georgetown-KY metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Georgetown indexed at 80.9.
- Median salary calculation: weighted average of Georgetown's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $37,363 annual median.
- Tax burden reflects Kentucky state income tax (4%), plus Georgetown local tax of 0.78%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Georgetown: 3.8%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Automotive, Healthcare, Bourbon — based on QCEW employment concentration data.
- Job growth: 2.4% projected through 2034, derived from BLS Employment Projections program for Kentucky.
- Housing context: median home price $177,000, median rent $726/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Georgetown, KY:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Georgetown unemployment rate
- U.S. Census Bureau — Georgetown QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Kentucky — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Georgetown's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Kentucky labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
Related Salary Tools
Frequently Asked Questions
What is the median salary in Georgetown, KY?
The median salary in Georgetown, KY is $37,363 per year, or $18 per hour. The average salary is $41,847. This is $22,021 below the national median of $59,384.
What is the cost of living in Georgetown, KY?
Georgetown's cost of living index is 80.9 (national average = 100), meaning it is 19.099999999999994% less expensive compared to the national average. The median home price is $177,000 and the median monthly rent is $726.
What are the best industries in Georgetown?
The top industries in Georgetown, KY include Automotive, Healthcare, Bourbon. The city has a job growth rate of 2.4% and an unemployment rate of 3.8%. Workers in these industries often earn above the city's median salary of $37,363.
How does Georgetown's salary compare to other cities?
Georgetown's median salary of $37,363 is 37.1% below the national median of $59,384. However, when adjusted for cost of living (index: 80.9), the real purchasing power is approximately $46,184.
What is the minimum wage in Georgetown, KY?
The minimum wage in Georgetown, KY is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.