Greensboro s population is 767K, with a total workforce of 360K. The labor market grew by 3,100 jobs over the past year, up by 0.9%. The median household income in Greensboro is $51,516, 2.4% higher than last year and 18.5% below the national average of $63,179.
In the housing market, total permits issued totaled 2,081 over the last twelve months, down 13.2% year-over-year. Greensboro has 51 active new home projects on the market, 12.1% fewer than the 58 from last year. The average list price in the market is $268,997, 12.5% higher than last year and 10.2% below the national average. Over the last three months, new home contracts decreased by 31.4% to 175. Whitsett and Greensboro had the highest concentration of the new home contracts in the Greensboro market.