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Real Estate Prices & Overview

Median real estate price in the City Center of Geneva is $116,141, which is less expensive than 96.1% of New York neighborhoods and 93.2% of all U.S. neighborhoods.

The average rental price in Geneva City Center is currently $1,586, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.1% of New York neighborhoods.

Geneva City Center is a suburban neighborhood (based on population density) located in Geneva, New York.

Real estate in the City Center of Geneva, NY is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Geneva City Center are 5.1%, which is lower than one will find in 66.2% of American neighborhoods. Demand for real estate in Geneva City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Geneva City Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.3% of all American neighborhoods.

People

Of note, 61.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Geneva City Center neighborhood has more Puerto Rican and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.5% of this neighborhood's residents have Puerto Rican ancestry and 27.6% have Italian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the City Center neighborhood in Geneva are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.1% of U.S. neighborhoods. With 61.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Geneva City Center neighborhood, 44.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 20.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.0%), and 16.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Geneva City Center neighborhood is English, spoken by 81.4% of households. Some people also speak Spanish (15.1%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the City Center neighborhood in Geneva, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (28.5%). There are also a number of people of Italian ancestry (27.6%), and residents who report Irish roots (16.0%), and some of the residents are also of English ancestry (11.8%), along with some German ancestry residents (10.8%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Geneva City Center neighborhood spend under 15 minutes commuting one-way to work (48.3% of working residents), one of the shortest commutes across America.

Here most residents (68.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.0%) and 9.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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