Total monthly cost of ownership
Cost to Own a Home in Georgetown, Colorado
A $440,000 home here costs
$3,104per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,262. The real number is $842 higher every month — 37% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Georgetown against Clear Creek County and Colorado
| Measure | Georgetown | Clear Creek County |
|---|---|---|
| Median home value | $440,000 | $572,800 |
| Median property tax | $1,613 | $2,160 |
| Effective tax rate | 0.367% | 0.377% |
| Median gross rent | $1,361 | $1,230 |
| Population | 1,082 | 9,358 |
The weather behind that power bill
Georgetown sits in Clear Creek County, which averages a high of 77.1°F in its hottest month and a low of 15.3°F in its coldest, with 18.29" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 41 cooling and 8,312 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Clear Creek County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clear Creek County
Full Clear Creek County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Georgetown?
A $440,000 home in Georgetown, Colorado costs approximately $3,104 per month with 20% down at 6.66%. That is $2,262 principal and interest, $135 property tax, $128 homeowners insurance, $213 utilities and $367 set aside for maintenance.
What is the property tax rate in Georgetown?
Georgetown has an effective property tax rate of 0.367%, based on a median home value of $440,000 and median real estate taxes of $1,613. That is lower than the Clear Creek County average of 0.377%.
What is the average home price in Georgetown?
The median owner-occupied home value in Georgetown, Colorado is $440,000, against $572,800 across Clear Creek County.
Is it cheaper to rent or buy in Georgetown?
Median gross rent in Georgetown is $1,361 a month, against $3,104 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Georgetown — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.