Greensboro, FL is a small city located in northwest Florida, which has seen an influx of new residents due to its affordable cost of living. The average two bedroom rent in Greensboro is $1,020 per month, nearly 30% lower than the national average. Additionally, the grocery cost index in Greensboro is 93 compared to the US at 100. This affordability makes Greensboro an attractive option for those looking to relocate with a budget. Popular local companies such as HBP Outfitters Inc., Total Care Industrial Supply Inc., and My Country Wellness Center serve as a great example of the local businesses that bring economic growth to the area and provide job opportunities for its citizens.
Greensboro has an unemployment rate of 5.6%. The US average is 6.0%.
Greensboro has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Greensboro
- The Sales Tax Rate for Greensboro is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Greensboro is 0.0%. 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 $15,458 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro resident is $41,325 a year. The US average is $69,021 a year.