Greensboro s population is 771K, with a total workforce of 364K. The labor market lost 1,700 jobs over the past year, down by 0.5%. The median household income in Greensboro is $51,135, 2.2% higher than last year and 19.1% below the national average of $63,179.
In the housing market, total permits issued totaled 2,617 over the last twelve months, up 19.2% year-over-year. Greensboro has 51 active new home projects on the market, 2.0% more than the 50 from last year. The average list price in the market is $269,361, 4.4% higher than last year and 16.2% below the national average. Over the last three months, new home contracts decreased by 8.1% to 251. Greensboro and High Point had the highest concentration of the new home contracts in the Greensboro market.