Greensboro

North Carolina · Ranked #30 of 102 metros

60Moderate

Median Home Price

🏠

$255K

Need $73K income

Median Rent

🔑

$1K

Need $44K income

Housing Shortage

📉

12,000

units needed

Building Permits

🔨

5,500

annual

Median Income

💰

$54K

Pop: 776,566

Rent Burden

⚠️

32.0%

of renters paying >30%

Price Change (YoY)

📈

+4.5%

Homeownership

🏡

60.5%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricGreensboroNational
Price-to-Income Ratio4.7x6.1x
Rent Burden32.0%31.5%
Homeownership Rate60.5%65.5%
YoY Price Change+4.5%+3.5%
YoY Rent Change+3.5%+2.8%
Mortgage Denial Rate14.5%13.5%
Eviction Rate6.0%3.6%