Greensboro, AL is a small community located in southwestern Alabama. It has a quaint charm that attracts people who are looking for a peaceful life away from busy city life. The cost of living in Greensboro is quite reasonable, with 2 Bedroom rent costing $860 compared to the US average of $1,430. Additionally, the grocery cost index in Greensboro is 92 compared to 100 in the US. This makes it a good option for those looking for an affordable lifestyle without compromising on quality essentials like food and housing. Local businesses like Walker Ford Motors, Econo Lodge Hotel, and Sealy's Restaurant & Grill give this small town its own unique flavor while providing locals with job opportunities and services. All these factors make Greensboro an ideal place to call home for those looking for an affordable and relaxed atmosphere.
Greensboro has an unemployment rate of 6.1%. The US average is 6.0%.
Greensboro has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Greensboro
- The Sales Tax Rate for Greensboro is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greensboro is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Greensboro
- The average income of a Greensboro resident is $17,111 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro resident is $25,465 a year. The US average is $69,021 a year.