Living in Genoa, Illinois

Cost of living, income, home prices, rent and demographics of Genoa · Census data 2020–2024

Genoa has 5,492 residents with a median age of 35.7. The median household income is $82,128 (about the same as the Illinois median), the median home value is $225,200, the median rent is $940/month.

Genoa at a glance

Population
5,492
Median age
35.7State: 39
Median household income
$82,128State: $83,390
Median home value
$225,200State: $263,300
Median rent
$940/moState: $1,274
Homeowners
68.8%
Bachelor's degree or higher
15.9%
Average commute
33 min

Is Genoa a good place to live?

Pros: Home values 14% lower than the state median; unemployment of 3.6%.

Cons: Median household income about the same as the Illinois median; an average commute of 33 minutes; a poverty rate of 11.9%.

The weather is best in June to September.

Cost of living in Genoa

Housing is the biggest part of the cost of living. In Genoa the median home value is $225,200, 32% lower than the U.S. median. Renters pay a median of $940 per month, which is 22.6% of household income. Homeowners with a mortgage pay $1,667 a month in housing costs.

Median home value

Genoa$225,200
Illinois$263,300
United States$332,700

Median monthly rent

Genoa$940
Illinois$1,274
United States$1,413

Genoa median household income

The median household income in Genoa is $82,128 and the income per person is $40,555. 11.9% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Genoa$82,128
Illinois$83,390
United States$80,734

Housing in Genoa: homes for sale and rent

Housing units
2,222
Owner-occupied
68.8%
Renter-occupied
31.2%
Vacant
1%Includes seasonal homes
Median year built
1979
Average household size
2.49

Genoa demographics

Population
5,492
Median age
35.7
Under 18
20.1%
65 and older
14%
Households
2,200
Foreign-born
3.9%
Veterans
4.4%Adults 18+

Race and ethnicity

White81.2%
Hispanic or Latino18.2%
Black0.5%
Asian0.8%

Hispanic or Latino can be of any race. Population history of Genoa ›

Education in Genoa

15.9% of adults 25 and older in Genoa have a bachelor's degree or higher (Illinois: 37.8%), and 4.9% have a graduate or professional degree.

Bachelor's degree or higher

Genoa15.9%
Illinois37.8%
United States35.7%

Jobs and commute in Genoa

Unemployment rate
3.6%State: 5.8%
Average commute
33 minState: 28 min
Work from home
12.3%
Drive alone
74.6%
Public transit
0%
Walk to work
0.4%
Homes with broadband
88.6%

Genoa vs nearby towns

TownPopulationMedian incomeHome valueRent
Genoa5,492$82,128$225,200$940
Kingston1,352$88,295$241,700$995
Sycamore18,559$84,120$265,700$1,140
Burlington425$84,219$296,200$1,517
Kirkland1,525$94,338$191,600$875
Hampshire8,524$94,773$329,800$2,589
Cortland4,564$73,971$233,200$1,552
Garden Prairie403$68,319$186,400—
DeKalb40,443$46,481$204,700$1,029

More for people moving to Genoa

Genoa ZIP code ›Weather and climate ›

Living in Genoa: FAQ

What is the median household income in Genoa, IL?

The median household income in Genoa is $82,128, about the same as the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Genoa?

The median home value in Genoa is $225,200, compared with $263,300 in Illinois.

How much is rent in Genoa?

The median gross rent in Genoa is $940 per month, about 22.6% of household income.

Is Genoa, IL a good place to live?

Pluses: home values 14% lower than the state median; unemployment of 3.6%. Minuses: median household income about the same as the Illinois median; an average commute of 33 minutes; a poverty rate of 11.9%.

What is the median age in Genoa?

The median age in Genoa is 35.7 years (Illinois: 39).

How long is the commute in Genoa?

The average commute to work in Genoa is 33 minutes; 12.3% of workers work from home.

What is the unemployment rate in Genoa?

The unemployment rate in Genoa is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Genoa?

15.9% of adults in Genoa have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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