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Real Estate Prices & Overview

Median real estate price in the City Center of Geneva is $113,790, which is less expensive than 96.3% of New York neighborhoods and 92.9% of all U.S. neighborhoods.

The average rental price in Geneva City Center is currently $1,460, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.1% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

There are more people living in the Geneva City Center neighborhood employed as sales and service workers (55.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

The Geneva City Center neighborhood has a greater percentage of children living in poverty (61.5%) than found in 97.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

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

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

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 shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

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

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. 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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