Genoa, NV
Population 1,231 · Nevada
About Genoa, NV
Genoa is a small town located in Nevada with a population of 1,231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,952 per year, which is 68% above the national median of $75,149. The median age of 62.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Genoa features a median home value of $1,040,700, which is 325% above the national median of $244,900. This places Genoa in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 616 total housing units, 93% are owner-occupied (481 units) and 7% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Genoa shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Genoa have an average one-way commute time of 15.8 minutes, one of the shorter commutes in the region.
Education & Demographics
57.2% of Genoa residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.4% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 9.5% of the population being foreign-born.
How Genoa Ranks in Nevada
Cost of Living in Genoa, NV
Compared to national averages, Genoa has a median household income of $125,952 (68% above the national median of $75,149). Home values average $1,040,700, which is 325% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nevada, Genoa's income is 54% above the state average of $81,841, and home values are 140% above the state median of $433,389.
Why Live in Genoa, NV?
Genoa offers a strong local economy with a median household income of $125,952, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 57.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.7%, better than the national average, and short commute times averaging just 15.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,040,700. However, Genoa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Genoa has a population of 1,231 with a median age of 62.9 years. Compare Genoa with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Genoa
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grass Valley | 1,216 | $95,852 | $116,400 | Compare |
| Pioche | 1,213 | $76,194 | $196,800 | Compare |
| Fallon Station | 1,250 | $0 | $0 | Compare |
| Panaca | 1,272 | $61,935 | $277,800 | Compare |
| Golden Valley | 1,184 | $102,757 | $514,700 | Compare |
| Wells | 1,184 | $75,962 | $213,500 | Compare |
| East Valley | 1,341 | $111,932 | $884,400 | Compare |
| Bunkerville | 1,119 | $149,327 | $320,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
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, NV?
The population of Genoa, NV is 1,231 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nevada.
What is the median household income in Genoa?
The median household income in Genoa, NV is $125,952 per year, which is 68% above the national median of $75,149.
What is the median home value in Genoa?
The median home value in Genoa, NV is $1,040,700, which is 325% above 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, NV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Genoa?
The unemployment rate in Genoa, NV is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Genoa, NV a good place to live?
Genoa offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,231 and a median age of 62.9, the city appeals to established professionals and retirees.
How educated is Genoa, NV?
57.2% of residents in Genoa aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Genoa?
Key cost-of-living indicators for Genoa, NV: median home value is $1,040,700 (325% above national), median rent is $0/month, and median household income is $125,952. The home-value-to-income ratio is 8.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Genoa?
The poverty rate in Genoa, NV is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Genoa, NV?
Genoa's population is 5.4% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 9.5% of residents are foreign-born.