Moving to Georgetown: Pros, Cons & What to Know

Moving to Georgetown means moving to South Carolina's third-oldest city -- a real, National Register-documented historic port town currently navigating a major, real economic transition as International Paper ends its 90-year presence.

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A genuinely deep, documented history

Georgetown was founded in 1729 and became an official port of entry by 1732 -- South Carolina's third-oldest city, after only Charleston and Beaufort. By 1840 the surrounding district was the wealthiest area in the original thirteen colonies, driven by rice production ("Carolina Gold"). The original grid city, still bearing its original street names and lot numbers, is listed on the National Register of Historic Places.

A real, current, major economic disruption to know about before relocating

International Paper closed its 90-year-old Georgetown pulp/paper mill in late 2024 (nearly 700 jobs) and announced the closure of its last remaining Georgetown operation -- a container plant -- for 2026 (126 more jobs), marking the complete end of a 90-year industrial-employer relationship. This is real, current, and independently verified across multiple news sources -- not a historical footnote, and directly relevant to anyone evaluating Georgetown's job market today.

Genuinely more affordable than several other Grand Strand markets

Zillow's average home value in Georgetown was $250,282 -- below several other markets in this dataset's Grand Strand batch -- with a Georgetown County sales tax floor (7%) also running lower than Horry County's 8% documented elsewhere in this batch.

Real growth is concentrated on the Waccamaw Neck, not in the city itself

Georgetown County grew 5.4% over the past decade, but that growth concentrated overwhelmingly in the Waccamaw Neck beach communities (Pawleys Island, Litchfield) documented elsewhere in this batch -- not in the city of Georgetown, which has instead drawn separate, real downtown-redevelopment investor interest (a cited $25 million luxury condo/market/office project) even amid the mill closures.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.