Genoa, IL
Population 5,685 · Illinois
About Genoa, IL
Genoa is a small town located in Illinois with a population of 5,685 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,343 per year, which is 6% above the national median of $75,149. The median age of 34.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Genoa features a median home value of $201,600, which is 18% below the national median of $244,900. This positions Genoa in a moderately priced market relative to the rest of the country. Median monthly rent is $1,004, 14% below the national average of $1,163/month. Of the 2,178 total housing units, 68% are owner-occupied (1,459 units) and 32% are renter-occupied (686 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Genoa shows an unemployment rate of 5.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.1%, above the national average of 12.4%. Workers in Genoa have an average one-way commute time of 32.3 minutes.
Education & Demographics
12.3% of Genoa residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 19.1% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 6.2% Asian residents, with 7.4% of the population being foreign-born.
Cost of Living in Genoa, IL
Compared to national averages, Genoa has a median household income of $79,343 (6% above the national median of $75,149). Home values average $201,600, which is 18% below the national median. Monthly rent at $1,004 is 14% below the US average of $1,163. Within Illinois, Genoa's income is 6% above the state average of $75,072, and home values are 22% above the state median of $165,779.
Why Live in Genoa, IL?
Genoa offers a strong local economy with a median household income of $79,343, well above the national average, and affordable housing with a median home value of $201,600, below the US average of $244,900, and rent that’s lower than the national average at $1,004/month.
Genoa has a population of 5,685 with a median age of 34.2 years. Compare Genoa with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Genoa
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Northfield | 5,683 | $180,492 | $807,700 | Compare |
| Hillsboro | 5,693 | $48,158 | $95,800 | Compare |
| East Alton | 5,729 | $46,926 | $99,600 | Compare |
| Du Quoin | 5,780 | $47,632 | $78,000 | Compare |
| Carlinville | 5,574 | $52,738 | $108,000 | Compare |
| Carterville | 5,822 | $65,238 | $183,500 | Compare |
| Lake Bluff | 5,834 | $205,735 | $739,400 | Compare |
| Peoria Heights | 5,834 | $62,083 | $118,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Genoa With Other Cities
Frequently Asked Questions about Genoa
What is the population of Genoa, IL?
The population of Genoa, IL is 5,685 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Genoa?
The median household income in Genoa, IL is $79,343 per year, which is 6% above the national median of $75,149.
What is the median home value in Genoa?
The median home value in Genoa, IL is $201,600, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Genoa?
The median monthly rent in Genoa, IL is $1,004, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Genoa?
The unemployment rate in Genoa, IL is 5.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Genoa, IL a good place to live?
Genoa offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 5,685 and a median age of 34.2, the city appeals to young professionals and families.
How educated is Genoa, IL?
12.3% of residents in Genoa aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Genoa?
Key cost-of-living indicators for Genoa, IL: median home value is $201,600 (18% below national), median rent is $1,004/month, and median household income is $79,343. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Genoa?
The poverty rate in Genoa, IL is 19.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Genoa, IL?
Genoa's population is 19.1% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 6.2% Asian, and 0.6% two or more races. 7.4% of residents are foreign-born.