Cost of Living in Greensboro, NC
Population: 298,564 • 2026 Data
$58,884
Median Household Income
-24% vs national
$1,114
Median Monthly Rent
-17% vs national
$221,300
Median Home Value
-35% vs national
5.1%
Unemployment Rate
Housing in Greensboro
The median home value in Greensboro, NC is $221,300. Monthly rent for a typical unit averages $1,114, while total monthly housing costs (including utilities and insurance) average $1,107.
Rent-to-income ratio: 22.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Greensboro, NC is $58,884. The unemployment rate stands at 5.1%, with a labor force of 157,138 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.