The typical owner-occupied home in Geneva is worth about $221,900, 27% below the Georgia median of $303,300 and 33% below the national median of $332,700. The median household earns $113,438 a year, so the median home costs 2.0 times the median income (3.9 times for Georgia). 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Geneva at a glance
| Geneva | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $221,900 | $303,300 | $332,700 |
| Median property tax paid per year | – | $2,341 | $3,119 |
| Median household income | $113,438 | $77,353 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 62% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,292 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 15.5% | 20.0% | 21.0% |
| Median rent | – | $1,393 | $1,413 |
| Median year homes were built | 1966 | 1992 | 1980 |
| Vacant homes | 4.5% | 10.3% | 10.1% |
| Population | 101 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Geneva
At this week's average 30-year rate of 7.11%, buying the median Geneva home of $221,900 with 20% down costs about $1,490 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,860, 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 $63,860 for the 20%-down payment. That payment is 16% of the median Geneva household income of $113,438; at that income and 20% down, the 28% guideline points to a home of about $394,000.
| Down payment | $44,380 |
|---|---|
| Loan amount | $177,520 |
| Principal and interest | $1,194 |
| Property taxes (1.10% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,490 |
Change the numbers in the calculator
| Down payment | $7,766 |
|---|---|
| Loan amount | $217,881 |
| Principal and interest | $1,466 |
| Property taxes (1.10% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $98 |
| Total per month | $1,860 |
Change the numbers in the calculator
Questions about home buying in Geneva
What is the median home value in Geneva?
About $221,900 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 Geneva?
For the median home with 20% down at 7.11%, the payment is about $1,490 a month. Keeping that under 28% of gross income takes about $63,860 a year.
More about Geneva
- Mortgage Refinance in Geneva
- Debt Relief in Geneva
- Home Equity Loans in Geneva
- 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