Moving to Greensboro, NC

Thinking about moving to Greensboro?

You’ll be in good company. Between 2010 and 2016, more than 17,361 people have moved to Greensboro, an increase of 6.4%. New residents are attracted to Greensboro’s gorgeous views, antique shops, golf, history, and roller derby.

Living

Greensboro is home to 287,027 Greensburghers. With an area of 126.5 square miles, Greensboro has a population density of 2,269 persons per square mile, which makes it less dense than many other cities of comparable size.

The Greensboro-High Point, NC Metropolitan Statistical Area boasts a population of 756,139 people, of which Greensboro proper’s population makes up 38%.

Housing

One of Greensboro’s greatest strengths is its relatively affordable housing market. The median home value in Greensboro is $128,700, -36% below the US median value, according to Zillow. The median price per square foot in Greensboro is $88. Over the past 5 years, home values in Greensboro have increased by 3%.

Renters in Greensboro will also have an easy time finding affordable housing. The median rent in Greensboro is $997 per month, which is 30% lower than the US median. Over the past year, rental rates in Greensboro have increased by 1.5%.

Economy

Greensboro’s economy has been a bit sluggish over the past few years. The Greensboro metro area’s GDP grew by 13% between 2011 and 2016, from $35.4 billion in 2011 to $39.9 billion in 2016, a total increase of $4.5 billion. The metro area has a per capita GDP of $52,826. According to the US Census Bureau, the median household income in Greensboro is $43,836, 26% lower than the national median. Greensboro’s unemployment rate is 4.5%.

Weather

The average annual temperature in Greensboro is 59.05 degrees. The average annual low temperature is 48.8 degrees, while the average annual high is 69.3 degrees. Greensboro’s hottest month is July, during which the average high temperature is 88 degrees, while the coldest month is January when the average low drops down to 29 degrees.

Greensboro sees an average rainfall of 42.36 inches per year. July is the wettest month, with an average rainfall of 4.49 inches, while February is the dryest month, with an average rainfall of 2.95 inches.

Crime

Greensboro is a safe city, with a violent crime rate of only 597 incidents per 100,000 persons according to the FBI, a lower rate than average. Property crime rates in Greensboro are relatively low, with a rate of 3,569 incidents per 100,000 persons, a lower rate than average.

Traffic & Transportation

Traffic is not as big of a problem in Greensboro as it is in many other US cities. According to a survey conducted by INRIX, the average commuter in Greensboro spends 4.2 hours in traffic each year, with about 2% of their time commuting in a traffic jam, a lower portion than average among US cities.

Walk Score gives Greensboro a walk score of 29.

Cost of Living

Greensboro-High Point is a relatively affordable place to live with a low cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Greensboro-High Point has a regional price parity of 98.2, -10.3% below the average for US metro areas.

The median age in Greensboro is 38.1 years. 48.% of the population in the Greensboro metro area is male, while 52.% is female. 8.4% of the metro population is foreign-born.

In terms of racial demographics, Greensboro is 44.6% Non-Hispanic White, 7.6% Hispanic, 39.8% Black, and 5% Asian.

89.1% of those over the age of 25 in Greensboro have a high school diploma, a higher rate than nationally. 89.1% of those over the age of 25 have a bachelor’s degree, which is higher than the national rate. 13.8% of residents have an advanced or professional degree.

In the 2016 presidential election, 38% of Greensboro voters voted for the Republican nominee, while 58% voted for the Democratic nominee.

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