Genoa, NV is a small town located in Douglas County with a population of 598 people according to the 2020 census. It is known for its historic buildings from the 1800s, such as the Genoa Courthouse Museum which houses artifacts from the town’s earliest settlers. The cost of living in Genoa is slightly higher than in other parts of the United States due to its high rent and grocery costs. For example, 2 bedroom rent in Genoa costs $2,560 compared to an average US rental price of $1,430. Additionally, local grocery costs are 110 versus 100 on average in the US.
The area has several local businesses such as the Gardeners Greenhouse & Nursery which provides plants and flowers for residents and visitors alike; Genoa Lakes Golf Club which offers golf courses and other facilities; and JT Basque Bar & Dining Room which serves up delicious Basque-American cuisine. There are also plenty of other shopping options nearby including stores like Tomo Drug Store, CMC Antiques & Collectibles, and Sorensen’s True Value Hardware Store. With its small population size compared to most US states, it makes it a great destination for those looking for a quiet rural retreat away from hustle-and-bustle of city life.
Genoa has an unemployment rate of 4.5%. The US average is 6.0%.
Genoa has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Genoa
- The Sales Tax Rate for Genoa is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Genoa is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Genoa
- The average income of a Genoa resident is $95,448 a year. The US average is $28,555 a year.
- The Median household income of a Genoa resident is $111,167 a year. The US average is $69,021 a year.