Total monthly cost of ownership
Cost to Own a Home in Georgetown, Colorado
A $440,000 home here costs
$3,211per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $137,500 a year.
A standard mortgage calculator would have told you $2,399. The real number is $813 higher every month, 34% more than the payment most buyers budget for.
Compare Clear Creek County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Georgetown from a five-year rolling sample, and with about 1,082 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Clear Creek County figures are drawn from a far larger sample if you want a steadier number.
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 $116 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
Talk to someone who works this market
These are Georgetown averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Georgetown every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Georgetown I already own here and may sell
Common questions
How much does it cost to own a home in Georgetown?
A $440,000 home in Georgetown, Colorado costs approximately $3,211 per month with 20% down at 7.24%. That is $2,399 principal and interest, $135 property tax, $128 homeowners insurance, $184 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 $3,211 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Georgetown?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Georgetown, Colorado at today's rate takes a household income of roughly $137,500 a year. That covers the full $3,211 monthly cost, not just the mortgage payment.
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.