Greensboro, North Carolina is a vibrant city located in the heart of the state. With a population of over 280,000 people, Greensboro offers plenty of activities and amenities for residents to enjoy. The average 2 bedroom rent in Greensboro is $950 per month—a steal compared to the US average of $1,430—making it an attractive place for both students and professionals alike. Additionally, the Grocery Cost Index in Greensboro is 93 compared to the US average of 100 making food costs more affordable for those living within the city limits.
Greensboro has a thriving business community with plenty of large employers such as Volvo Trucks North America, ITW Heartland (Plastic Container Corporation), and American Tire Distributors just to name a few. There are also countless small businesses in the area that make up the local economy, ranging from family-owned restaurants to independent boutiques. No matter what type of industry you’re interested in exploring, there’s sure to be something for everyone in beautiful Greensboro.
Greensboro (zip 27401) has an unemployment rate of 5.6%. The US average is 6.0%.
Greensboro (zip 27401) 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 (zip 27401)
- The Sales Tax Rate for Greensboro (zip 27401) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro (zip 27401) 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 (zip 27401)
- The average income of a Greensboro (zip 27401) resident is $15,671 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro (zip 27401) resident is $40,149 a year. The US average is $69,021 a year.