Genoa, NE
Population 788 · Nebraska
About Genoa, NE
Genoa is a small community located in Nebraska with a population of 788 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,604 per year, which is 17% below the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Genoa features a median home value of $114,400, which is 53% below the national median of $244,900. This makes Genoa one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $794, 32% below the national average of $1,163/month. Of the 369 total housing units, 83% are owner-occupied (262 units) and 17% are renter-occupied (55 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Genoa shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.5%, above the national average of 12.4%. Workers in Genoa have an average one-way commute time of 24.6 minutes.
Education & Demographics
18.4% 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 0.9% White, 1.0% Hispanic or Latino, 1.4% Black or African American, and 0.5% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Genoa, NE
Compared to national averages, Genoa has a median household income of $62,604 (17% below the national median of $75,149). Home values average $114,400, which is 53% below the national median. Monthly rent at $794 is 32% below the US average of $1,163. Within Nebraska, Genoa's income is 5% below the state average of $65,895, and home values are 9% below the state median of $125,824.
Why Live in Genoa, NE?
Genoa offers affordable housing with a median home value of $114,400, below the US average of $244,900, and rent that’s lower than the national average at $794/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($62,604) that falls below the national average. However, Genoa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Genoa has a population of 788 with a median age of 39.2 years. Compare Genoa with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Genoa
What is the population of Genoa, NE?
The population of Genoa, NE is 788 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Genoa?
The median household income in Genoa, NE is $62,604 per year, which is 17% below the national median of $75,149.
What is the median home value in Genoa?
The median home value in Genoa, NE is $114,400, which is 53% 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, NE is $794, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Genoa?
The unemployment rate in Genoa, NE is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Genoa, NE a good place to live?
Genoa offers a moderate cost of living, affordable housing, and a strong job market. With a population of 788 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Genoa, NE?
18.4% 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, NE: median home value is $114,400 (53% below national), median rent is $794/month, and median household income is $62,604. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Genoa?
The poverty rate in Genoa, NE is 12.5%, 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, NE?
Genoa's population is 0.9% White, 1.0% Hispanic or Latino, 1.4% Black or African American, 0.5% Asian, and 0.6% two or more races. 0.6% of residents are foreign-born.