The typical owner-occupied home in Genoa is worth about $186,100, 65% below the Colorado median of $539,400 and 44% below the national median of $332,700. The median household earns $63,125 a year, so the median home costs 2.9 times the median income (5.6 times for Colorado). 84% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Genoa at a glance
| Genoa | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $186,100 | $539,400 | $332,700 |
| Median property tax paid per year | – | $2,602 | $3,119 |
| Median household income | $63,125 | $95,470 | $80,734 |
| Homes lived in by their owners | 84% | 66% | 65% |
| Owner homes with a mortgage | 64% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,466 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 29.4% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1938 | 1988 | 1980 |
| Vacant homes | 12.1% | 8.3% | 10.1% |
| Population | 190 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Genoa
At this week's average 30-year rate of 7.11%, buying the median Genoa home of $186,100 with 20% down costs about $1,250 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,560, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $53,557 for the 20%-down payment. That payment is 24% of the median Genoa household income of $63,125; at that income and 20% down, the 28% guideline points to a home of about $219,000.
| Down payment | $37,220 |
|---|---|
| Loan amount | $148,880 |
| Principal and interest | $1,002 |
| Property taxes (1.10% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $78 |
| PMI | $0 |
| Total per month | $1,250 |
Change the numbers in the calculator
| Down payment | $6,514 |
|---|---|
| Loan amount | $182,729 |
| Principal and interest | $1,229 |
| Property taxes (1.10% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $78 |
| FHA mortgage insurance | $82 |
| Total per month | $1,560 |
Change the numbers in the calculator
Questions about home buying in Genoa
What is the median home value in Genoa?
About $186,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Genoa?
For the median home with 20% down at 7.11%, the payment is about $1,250 a month. Keeping that under 28% of gross income takes about $53,557 a year.
More about Genoa
- Mortgage Refinance in Genoa
- Debt Relief in Genoa
- Home Equity Loans in Genoa
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data