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The total population of Genoa is estimated to be 5,044 with 2,458 males (48.73%) and 2,586 females (51.27%). There are 128 more females than males in Genoa.
The median household income in Genoa was $80,718 in 2021, which marked an a decrease of 1,769(2.14%) from $82,487 in 2020. This income is 108.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Genoa sees its highest median household income among householders in the age group of 25 to 44 years old, at $97,719. Overall, the median household income for the city of Genoa stands at $80,718.
In Genoa, the median income for all workers aged 15 years and older, regardless of work hours, was $52,880 for males and $25,447 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,024 for males and $40,866 for females.
In Genoa, there are just two different racial groups among households. Among these, White households report a median household income of $81,122, while Some Other Race households have a median household income of $74,932.
In 2022, the population of Genoa was 5,360, a 0.56% increase year-by-year from 2021. Previously, in 2021, Genoa's population was 5,330, an increase of 0.45% compared to a population of 5,306 in 2020.
The median age in Genoa, IL is 39.0, as per 2021 ACS 5-Year Estimates. Of the total population, 15.06% were under the age of 15, 24.21% aged 15 to 29, 46.70% aged 30 to 64, 13.49% aged 65 to 84, and 0.54% were 85 years of age and older.
Racial distribution of Genoa population: 88.81% are White, 0.84% are Black or African American, 1.03% are Asian, 7.41% are some other race and 1.91% are multiracial.