Greensboro s population is 767K, with a total workforce of 360K. The labor market lost 2,100 jobs over the past year, down by 0.6%. The median household income in Greensboro is $51,739, 2.9% higher than last year and 15.7% below the national average of $61,372.
In the housing market, total permits issued totaled 2,103 over the last twelve months, down 17.9% year-over-year. Greensboro has 46 active new home projects on the market, 22.0% fewer than the 59 from last year. The average list price in the market is $264,517, 13.0% higher than last year and 14.8% below the national average. Over the last three months, new home contracts decreased by 13.2% to 231. Greensboro and Burlington had the highest concentration of the new home contracts in the Greensboro market.