Greensboro, NC (27407) is an excellent place to call home. The two-bedroom rent in the area is $1,130 which is a few hundred dollars cheaper than the national average of $1,430. This allows residents to stretch their dollar further while still enjoying a comfortable lifestyle. In addition, the grocery cost index in Greensboro is 95 versus 100 in the US so groceries are even more affordable here. There are also plenty of businesses in the area that provide locals with employment and services. Local companies include HondaJet (a private aviation manufacturer), Cone Health (a health care provider), and Mack Trucks (a truck manufacturing company). Additionally, there are many small businesses such as grocery stores, restaurants, cafes, and bars that offer local goods and services. No matter what you need, Greensboro has it all!
Greensboro (zip 27407) has an unemployment rate of 5.6%. The US average is 6.0%.
Greensboro (zip 27407) 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 27407)
- The Sales Tax Rate for Greensboro (zip 27407) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro (zip 27407) 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 27407)
- The average income of a Greensboro (zip 27407) resident is $24,625 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro (zip 27407) resident is $52,075 a year. The US average is $69,021 a year.