Greensboro, NC (zip code 27406) is a great place to live with an affordable cost of living. The average 2 bedroom rent in Greensboro is only $1,020 compared to the US average of $1,430. Likewise, the grocery cost index in Greensboro is 94 compared to the US average of 100. In addition to the affordability, there are many reputable companies located in Greensboro such as Volvo Trucks North America, Honda Aero Inc., Mack Trucks Inc., Crown Equipment Corporation and CaroMont Health. There are also numerous shops and restaurants that make Greensboro a desirable destination for any lifestyle. With its affordability and local businesses, Greensboro is a great place to call home.
Greensboro (zip 27406) has an unemployment rate of 5.6%. The US average is 6.0%.
Greensboro (zip 27406) 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 27406)
- The Sales Tax Rate for Greensboro (zip 27406) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro (zip 27406) 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 27406)
- The average income of a Greensboro (zip 27406) resident is $19,821 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro (zip 27406) resident is $48,184 a year. The US average is $69,021 a year.