Greensboro, NC
Population 298,564 · North Carolina
About Greensboro, NC
Greensboro is a major city located in North Carolina with a population of 298,564 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,884 per year, which is 22% below the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Greensboro features a median home value of $221,300, which is 10% below the national median of $244,900. This positions Greensboro in a moderately priced market relative to the rest of the country. Median monthly rent is $1,114, 4% below the national average of $1,163/month. Of the 133,565 total housing units, 50% are owner-occupied (61,002 units) and 50% are renter-occupied (60,187 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Greensboro shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 18.4%, above the national average of 12.4%. Workers in Greensboro have an average one-way commute time of 22 minutes.
Education & Demographics
39.9% of Greensboro residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.5% White, 1.8% Hispanic or Latino, 1.7% Black or African American, and 4.1% Asian residents, with 12.7% of the population being foreign-born.
How Greensboro Ranks in North Carolina
Cost of Living in Greensboro, NC
Compared to national averages, Greensboro has a median household income of $58,884 (22% below the national median of $75,149). Home values average $221,300, which is 10% below the national median. Monthly rent at $1,114 is 4% below the US average of $1,163. Within North Carolina, Greensboro's income is 9% below the state average of $64,468, and home values are 3% below the state median of $228,922.
Why Live in Greensboro, NC?
Greensboro offers affordable housing with a median home value of $221,300, below the US average of $244,900, and rent that’s lower than the national average at $1,114/month, and a well-educated community where 39.9% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 22 minutes.
Potential considerations include median household income ($58,884) that falls below the national average. However, as a major city, Greensboro provides access to a wide range of amenities and services.
Greensboro has a population of 298,564 with a median age of 34.1 years. Compare Greensboro with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Greensboro
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Durham | 288,465 | $79,234 | $355,300 | Compare |
| Winston-Salem | 250,887 | $57,673 | $208,200 | Compare |
| Fayetteville | 209,692 | $56,395 | $171,900 | Compare |
| Cary | 176,686 | $129,399 | $525,200 | Compare |
| Raleigh | 470,763 | $82,424 | $377,800 | Compare |
| Wilmington | 118,578 | $63,900 | $350,300 | Compare |
| High Point | 115,263 | $61,228 | $212,400 | Compare |
| Concord | 106,518 | $84,752 | $327,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Greensboro With Other Cities
Frequently Asked Questions about Greensboro
What is the population of Greensboro, NC?
The population of Greensboro, NC is 298,564 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in North Carolina.
What is the median household income in Greensboro?
The median household income in Greensboro, NC is $58,884 per year, which is 22% below the national median of $75,149.
What is the median home value in Greensboro?
The median home value in Greensboro, NC is $221,300, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greensboro?
The median monthly rent in Greensboro, NC is $1,114, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Greensboro?
The unemployment rate in Greensboro, NC is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Greensboro, NC a good place to live?
Greensboro offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 298,564 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Greensboro, NC?
39.9% of residents in Greensboro aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Greensboro?
Key cost-of-living indicators for Greensboro, NC: median home value is $221,300 (10% below national), median rent is $1,114/month, and median household income is $58,884. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Greensboro?
The poverty rate in Greensboro, NC is 18.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Greensboro, NC?
Greensboro's population is 4.5% White, 1.8% Hispanic or Latino, 1.7% Black or African American, 4.1% Asian, and 41.6% two or more races. 12.7% of residents are foreign-born.