Greensboro, NC 

55 Reviews | Review This Place | Photos and Maps

Subscription Benefits

Download our City ReportsDownload our City Reports

Economy in Greensboro, NC

Greensboro, NC is a great place to live with a cost of living that is lower than the US average. 2 bedroom rent in Greensboro is $1,090 compared to the US average of $1,430. Additionally, grocery costs are much more affordable with an index of 96 compared to 100 in the US. The city has plenty to offer; from its award winning restaurants and breweries to its historic sites and abundance of outdoor activities. Notable companies like Honda Aerospace, O'Henry Hotel, ITG Brands and Volvo Trucks North America have made their headquarters in Greensboro as well as technological giants like IBM and Dell who have offices located here. Attractions such as Wet n Wild Emerald Pointe Water Park, Greensboro Arboretum and the International Civil Rights Museum are perfect for family fun. With all these attributes combined it is no wonder why so many people choose Greensboro as their new home.

Greensboro has an unemployment rate of 5.6%. 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 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Greensboro
- The Sales Tax Rate for Greensboro is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro is 5.5%. 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 $25,729 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro resident is $51,667 a year. The US average is $69,021 a year.


  ECONOMYGreensboro, North CarolinaUnited States
  • Unemployment Rate (US Avg: 6%)
Select Map Options
  • Unemployment Rate
  • Median HH Income
  • Recent Job Growth
  • Income < $15k
  • Income > $200k
  • Reset Map

  • View More Data >

    Reviews for Greensboro    55 Reviews
    Great Place for Families and College Kids!! - 9/6/2022
    I have lived in Greensboro for almost 30 years. Moved here in the 8th grade from Long Beach California. We literally fell in love with this great state and Greensboro in... Read More

    Start Your Review of Greensboro

    Sure..come to Greensboro - 1/19/2022
    Born and raised here. Yes some crime like everywhere else, but overall, I'm not afraid to be out at night. You might like some areas right outside of the city..... Read More

    Moving from Austin- is Greensboro right for us? - 12/4/2021
    Can no longer afford the cost of living in Austin, Tx. Searching for a medium size town to move to in North Carolina. Family of 2 middle aged adults, one college age... Read More

    View More Data >

    Compare Greensboro, NC to any other place in the USA.

    Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Greensboro,North Carolina Map
    27406, 27410, 27407, 27405, 27455, 27403, 27401, 27408, 27409, 27214, ... 11 more


    Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living calculator and analysis, downloadable reports, and more.

    Try Now