The typical owner-occupied home in Genoa is worth about $1,003,200, 2.3 times the Nevada median of $435,400 and 3.0 times the national median of $332,700. Owners pay a median $5,439 a year in property taxes, about 0.54% of their home's value, higher than the Nevada rate of 0.47%. The median household earns $121,981 a year, so the median home costs 8.2 times the median income (5.6 times for Nevada). 90% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Genoa at a glance
| Genoa | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $1,003,200 | $435,400 | $332,700 |
| Median property tax paid per year | $5,439 | $2,027 | $3,119 |
| Property tax as a share of value | 0.54% | 0.47% | 0.94% |
| Median household income | $121,981 | $78,260 | $80,734 |
| Homes lived in by their owners | 90% | 60% | 65% |
| Owner homes with a mortgage | 43% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,957 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 23.0% | 22.3% | 21.0% |
| Median rent | – | $1,597 | $1,413 |
| Rent as a share of renters' income | 22.7% | 33.1% | 30.6% |
| Median year homes were built | 1996 | 1996 | 1980 |
| Vacant homes | 15.3% | 9.3% | 10.1% |
| Population | 1,284 | 3,184,612 | 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 $1,003,200 with 20% down costs about $6,268 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,101, 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 $268,642 for the 20%-down payment. That payment is 62% of the median Genoa household income of $121,981; at that income and 20% down, the 28% guideline points to a home of about $456,000.
| Down payment | $200,640 |
|---|---|
| Loan amount | $802,560 |
| Principal and interest | $5,399 |
| Property taxes (0.54% a year) | $451 |
| Homeowners insurance (our estimate, 0.5% a year) | $418 |
| PMI | $0 |
| Total per month | $6,268 |
Change the numbers in the calculator
| Down payment | $35,112 |
|---|---|
| Loan amount | $985,030 |
| Principal and interest | $6,626 |
| Property taxes (0.54% a year) | $451 |
| Homeowners insurance (our estimate, 0.5% a year) | $418 |
| FHA mortgage insurance | $605 |
| Total per month | $8,101 |
Change the numbers in the calculator
Questions about home buying in Genoa
What is the median home value in Genoa?
About $1,003,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Genoa?
Homeowners pay a median $5,439 a year, which is about 0.54% 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 Genoa?
For the median home with 20% down at 7.11%, the payment is about $6,268 a month. Keeping that under 28% of gross income takes about $268,642 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