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.
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%.
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%.
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%.