Greensboro s population is 767K, with a total workforce of 360K. The labor market grew by 900 jobs over the past year, up by 0.2%. The median household income in Greensboro is $51,695, 2.8% higher than last year and 18.2% below the national average of $63,179.
In the housing market, total permits issued totaled 1,982 over the last twelve months, down 17.1% year-over-year. Greensboro has 47 active new home projects on the market, 20.3% fewer than the 59 from last year. The average list price in the market is $243,528, 19.0% higher than last year and 25.8% below the national average. Over the last three months, new home contracts decreased by 21.8% to 208. Greensboro and Whitsett had the highest concentration of the new home contracts in the Greensboro market.