Guilford County · North Carolina · South · 301k residents
Greensboro, NC: economy, jobs & business costs
The site-selection read on Greensboro: labor costs, talent, corporate tax, energy, and business activity, with the North Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,230/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Greensboro side by side
Avg. weekly wage
$1,230/wk
Corporate income tax
2.25%
Bachelor's degree or higher
41%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Greensboro's economy is moving, ranked against the US cities we track.
70/100
Heating
Ranks Greensboro's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $265,000 |
| Price per sq. ft. | $165 |
| Property tax rate | 0.95% |
| 1-bedroom rent | $1,100/mo |
| 2-bedroom rent | $1,300/mo |
| State & local income tax | 3.15% |
| Sales tax | 6.75% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $1,230/wk |
| Bachelor's degree or higher | 41% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 31.2/1k |
| Wage: Software developer | $125,190 |
| Wage: Registered nurse | $82,860 |
| Wage: General manager | $100,930 |
| Wage: Customer service | $41,240 |
| Wage: Warehouse worker | $35,840 |
| Wage: Heavy truck driver | $58,480 |
| Wage: Electrician | $58,380 |
| Wage: Retail salesperson | $30,750 |
| Cost of living index | 89 |
| Groceries index | 96 |
| Utilities | $150/mo |
| Transit pass | $32/mo |
| Gas price | $3.05/gal |
| Healthcare index | 97 |
| Childcare (per child) | $1,050/mo |
| Median household income | $55,000 |
| Unemployment rate | 4.2% |
| Population | 301k |
| Crime index | 52/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 93/100 |
| Avg. commute | 21 min |
| Sunny days / year | 217 days |
| July high | 89°F |
| January low | 30°F |
| Annual snowfall | — |
| Home price YoY | +0.5% |
| Home price MoM | -0.1% |
| Rent YoY | +2.5% |
| Rent MoM | +0.1% |
| Employment (jobs) YoY | +1.5% |
| Building permits YoY | +0.9% |
| Ocean coast | 170 mi |
| Big lake | 72 mi |
| Mountains | 107 mi |
| Major airport | 10 mi |
| Ski resort | 117 mi |
Popular comparisons
Nearby
- High Point, NC · 116k
- Burlington, NC · 60k
- Kernersville, NC · 28k
- Graham, NC · 18k
- Thomasville, NC · 27k
Similar size
- Durham, NC · 291k
- Winston-Salem, NC · 252k
- Fayetteville, NC · 211k
- Cary, NC · 179k
- Raleigh, NC · 481k
Real listings in Greensboro
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Greensboro a good place to run a business?
- North Carolina's corporate income tax rate is 2.25%; average weekly wages in the surrounding labor market run $1,230/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Greensboro, NC?
- Greensboro indexes at 89 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,300/mo and a median home value of $265,000.
- How much does a house cost in Greensboro?
- The median home value in Greensboro is $265,000 (compiled estimate; individual listings vary).
- How much is rent in Greensboro?
- A two-bedroom in Greensboro rents for about $1,300/mo.