We investigate generic properties (i.e. properties corresponding to residual sets) in the space of subshifts with the Hausdorff metric. Our results deal with four spaces: the space S of all subshifts, the space S ′ of non-isolated subshifts, the closure T ′ of the infinite transitive subshifts, and the closure TT ′ of the infinite totally transitive subshifts.In the first two settings, we prove that generic subshifts are fairly degenerate; for instance, all points in a generic subshift are biasymptotic to periodic orbits. In contrast, generic subshifts in the latter two spaces possess more interesting dynamical behavior. Notably, generic subshifts in both T ′ and TT ′ are zero entropy, minimal, uniquely ergodic, and have word complexity which realizes any possible subexponential growth rate along a subsequence. In addition, a generic subshift in T ′ is a regular Toeplitz subshift which is strongly orbit equivalent to the universal odometer.