Located in southwestern Wisconsin in Walworth County, Geneva Lake is a breathtaking vacation town with a vibrant community and competitive real estate market. Geneva Lake’s main claim to fame is the 5,401-acre, spring-fed Lake Geneva. Residents enjoy a wide array of water sports and a lush landscape of stunning scenes. If you are considering moving here, here is what living in Geneva Lake is like.
Local Lifestyle
Because of Lake Geneva’s beauty and recreational opportunities, Geneva Lake is a famous vacation town. About 8,277 people call this charming town home, and many more visit yearly to enjoy the scenery and active lifestyle. Visitor or resident, the people of Geneva Lake enjoy a warm climate, natural beauty, upscale spas and restaurants, and a rich history and culture. The town also boasts a strong artistic side, with a sizeable portion of the residents comprising artists and writers.
Housing Market
Lake Geneva is a significant draw for homebuyers, too, who enjoy living by the water. Consequently, homes for sale in Geneva Lake enjoy a high demand. It also helps that the community is associated with historic charm and affluence and that many of the properties are lakefront estates. The Wrigley Estate and Black Point Estates and Gardens are the most prestigious neighborhoods in town and some of the most affluent in Wisconsin. The average home sale value is currently $340,162.
Cost of Living
Despite its reputation as a vacation town, Geneva Lake has a reasonable cost of living. A single adult can survive on a $33,173 annual salary, which covers taxes, healthcare, transportation, childcare, food, housing, and other costs. This is lower than the national and state averages of $38,433 and $34,139, making life here affordable. On average, a family of four will spend $8,804 on food in Geneva Lake.
Things to Do
There is a lot to do in Geneva Lake, even if you do not like the water. Of course, if you do, Lake Geneva offers an array of water sports and recreation opportunities, including swimming, fishing, boating, and paddle boarding. Away from the lake, golfers enjoy the manicured greens at Lake Geneva Country Club. You can also down delicious cocktails at Pier 290’s bar, stock up on fresh groceries at the community farmer’s market every Thursday at Horticultural Hall, and catch a local festival or event in town.
Transportation
Geneva Lake is a relatively small town, and the commute is easy. Residents prefer to drive, and the average trip takes about 24 minutes. On average, these commuters spend $10,782 on gas and other driving costs.
Schools
Geneva Lake boasts a rich selection of highly-ranked schools, including Lake Geneva Montessori School and Woods School. For higher learning, students can enroll at George Williams College of Aurora University or other higher learning institutions located around Geneva Lake.
Explore Homes for Sale in Lake Geneva with Janis Hartley
From stunning homes and luxurious lakefront estates to an affordable cost of living and a wide array of attractions, the Geneva Lake real estate has a lot to offer. Get to learn more about this town and how to buy a home in Geneva Lake by contacting real estate expert Janis Hartley today.
