Greensboro-High Point, NC Metro Area is an attractive place to live. It has a lower cost of living than the US average, with two bedroom rent being $1,010 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Greensboro-High Point is 95 compared to 100 in the US. This metro area is home to many companies such as Honda Aircraft Company, which manufactures aircrafts and engines; Highpoint Furniture Industries which produces home furniture; and Kontoor Brands Inc., which specializes in apparel products. All these companies provide great job opportunities for residents. Furthermore, there are plenty of recreational activities such as golf courses and state parks that make this community attractive for those looking for a quality life style.
Greensboro-High Point Metro Area has an unemployment rate of 5.2%. The US average is 6.0%.
Greensboro-High Point Metro Area has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Greensboro-High Point Metro Area
- The Sales Tax Rate for Greensboro-High Point Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro-High Point Metro Area 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-High Point Metro Area
- The average income of a Greensboro-High Point Metro Area resident is $31,655 a year. The US average is $37,638 a year.
- The Median household income of a Greensboro-High Point Metro Area resident is $55,544 a year. The US average is $69,021 a year.