The typical owner-occupied home in Geneva is worth about $169,100, 29% below the Nebraska median of $238,600 and 49% below the national median of $332,700. Owners pay a median $1,902 a year in property taxes, about 1.12% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $80,398 a year, so the median home costs 2.1 times the median income (3.1 times for Nebraska). 76% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Geneva at a glance
| Geneva | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $169,100 | $238,600 | $332,700 |
| Median property tax paid per year | $1,902 | $3,549 | $3,119 |
| Property tax as a share of value | 1.12% | 1.49% | 0.94% |
| Median household income | $80,398 | $76,475 | $80,734 |
| Homes lived in by their owners | 76% | 67% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,334 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 13.9% | 19.5% | 21.0% |
| Median rent | $734 | $1,072 | $1,413 |
| Rent as a share of renters' income | 21.9% | 27.9% | 30.6% |
| Median year homes were built | 1968 | 1975 | 1980 |
| Vacant homes | 14.7% | 7.6% | 10.1% |
| Population | 2,193 | 1,978,707 | 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 $169,100 with 20% down costs about $1,138 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,420, 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 $48,786 for the 20%-down payment. That payment is 17% of the median Geneva household income of $80,398; at that income and 20% down, the 28% guideline points to a home of about $279,000.
The median rent here is $734 a month, so owning the median home costs about $404 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,820 |
|---|---|
| Loan amount | $135,280 |
| Principal and interest | $910 |
| Property taxes (1.12% a year) | $158 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,138 |
Change the numbers in the calculator
| Down payment | $5,918 |
|---|---|
| Loan amount | $166,037 |
| Principal and interest | $1,117 |
| Property taxes (1.12% a year) | $158 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $75 |
| Total per month | $1,420 |
Change the numbers in the calculator
Questions about home buying in Geneva
What is the median home value in Geneva?
About $169,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Geneva?
Homeowners pay a median $1,902 a year, which is about 1.12% of the median home value. Your bill depends on your home's assessed value and local rates.
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 $1,138 a month. Keeping that under 28% of gross income takes about $48,786 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