Greensboro s population is 767K, with a total workforce of 362K. The labor market grew by 6,800 jobs over the past year, up by 1.9%. The median household income in Greensboro is $51,071, 2.1% higher than last year and 19.2% below the national average of $63,179.
In the housing market, total permits issued totaled 2,422 over the last twelve months, up 10.4% year-over-year. Greensboro has 49 active new home projects on the market, 9.3% fewer than the 54 from last year. The average list price in the market is $257,027, 2.0% higher than last year and 26.2% below the national average. Over the last three months, new home contracts decreased by 5.0% to 246. Greensboro and Colfax had the highest concentration of the new home contracts in the Greensboro market.