Zip 27455 (Greensboro, NC) Economy


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Greensboro, NC 27455 is a great place to live if you are looking for an affordable rental market. The average 2 Bedroom Rent in the area is $1,130 compared to the US average 2 bedroom rent of $1,430. This makes it an attractive option for those on a tight budget. Greensboro also ranks highly when factoring in the cost of living with its Grocery Cost Index sitting at 98 versus 100 in the US, making groceries more affordable for locals.
Greensboro is home to numerous local businesses such as Volvo Group North America, Honda Aircraft Company and VF Corporation providing many employment opportunities to locals. Additionally, healthcare giants Cone Health and Wake Forest Baptist Medical Center are two major employers in Greensboro that offer competitive salaries and benefits packages to their employees.

Greensboro (zip 27455) has an unemployment rate of 5.6%. The US average is 6.0%.

Greensboro (zip 27455) 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 27455)
- The Sales Tax Rate for Greensboro (zip 27455) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Greensboro (zip 27455) 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 27455)
- The average income of a Greensboro (zip 27455) resident is $37,794 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro (zip 27455) resident is $85,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreensboro, North CarolinaUnited States
  5.66
  -7.6%-6.2%
  31.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $53,122$37,638
  $85,345$69,021
  $111,972$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  2.7%6.8%
  14.0%10.0%
  3.2%2.5%
  9.1%11.0%
  3.0%4.8%
  0.3%0.8%
  0.3%1.9%
  6.7%4.7%
  3.1%1.9%
  7.4%7.6%
  0.1%0.1%
  3.7%4.2%
  14.7%9.3%
  18.8%14.0%
  2.1%2.1%
  3.9%7.0%
  2.7%4.8%
  4.1%4.7%
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