Cost of Living in Greensboro, North Carolina

Greensboro has a population of about 301,198. The median household income is $61,515, median gross rent is $1,172/month, and the median home value is $244,800. Below is how Greensboro compares to the US.

Median Gross Rent $1,172/mo 29% below the national median
Median Home Value $244,800 35% below the national median
Median Household Income $61,515 27% below the national median
Population 301,198

Is Greensboro expensive to live in?

Compared with the national median, rent in Greensboro is 29% below the national median and home values are 35% below the national median. Household income here is 27% below the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Greensboro?

The median gross rent in Greensboro, North Carolina is $1,172 per month (US Census ACS).

What is the median home price in Greensboro?

The median home value in Greensboro is $244,800.

How much do people earn in Greensboro?

The median household income in Greensboro is $61,515 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.