Geneva, Illinois is a moderately-sized city with a population of 21,732 inhabitants. At 96%, the majority of the Geneva population is White; this is followed by 2% Asian and 0% Black. 85% of the people in Geneva (over the age of 15) are married and 56% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Geneva, Illinois. The best areas in Geneva and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
With a livability score of 78 out of 100, Geneva is ranked #2,934 in the United States and #32 in Illinois. Compared to the national average, Geneva ranks among some of the best places to live in the country! If we dig down a little deeper into each category within the livability score, we see that Geneva has higher than average grades for the following: amenities (A+), crime (A+), education (A-) and employment (B). On a more negative note, Geneva does not have favorable grades for the following: cost of living (F), weather (D-) and housing (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Geneva on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: The Little Traveler, Downtown Geneva Historic Shopping District, and American Science & Surplus Store.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Geneva has a violent crime rate of 41 crimes per 100,000 residents which is far lower than the national average.
Geneva real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Geneva. Median real estate prices in Geneva come in at $305,000, which is 74.5% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Geneva, the home price to income ratio is 3, which is 0% lower than the Illinois average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Geneva will offer some insight into determining if your home purchase will be a solid investment for years to come. In Geneva, the year-over-year appreciation rates were 4.2%, and the 5 year appreciation rates came in at 4.1%.