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301,198 residents · 2024 ACS · source-led profile

Moving to Greensboro?

The 2024 ACS 5-year estimates provide insights into Greensboro, North Carolina's demographics. The city has a population of 301,198 and a median household income of $61,515. The median gross rent is $1,172 per month, while the median owner-occupied home value is $244,800. Commute times are estimated at 23 minutes one-way.

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Short answer

Greensboro's affordability is uncertain, as its median household income is $61,515 and median gross rent is $1,172 per month, which is roughly 23% of the median household income. This is near the uniform non-housing calculator baseline of $1,250 per month.

Greensboro at a glance

Household income$61,515
Median gross rent$1,172
Median home value$244,800
Derived commute23 min

What the default budget models

A one-person renting household begins with a modeled annual core-cost baseline of $29,064. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.

2024 ACS population estimate301,198
2024 ACS median household income$61,515
2024 ACS median gross rent$1,172
2024 ACS median owner-occupied home value$244,800
Derived one-way commute estimate23 minutes
State-tax treatmentExcluded — official reference pending
Rent-to-income reference23%
Salary & Affordability Benchmark

How much do you need to earn to live in Greensboro?

2024 ACS Median Income

$61,515/yr

30% Rule for RentRecommended
$46,880 / year

To afford Greensboro's median gross rent of $1,172/mo at or below 30% of gross earnings, a household needs approximately $22.54/hour (full-time).

28% Rule for HomeownershipMedian Home
$62,057 / year

Modeled against Greensboro's median home benchmark of $244,800 (estimated $1,448/mo ownership carrying cost at typical 7.1% baseline).

Slide to test your income against local rent, taxes, and essentials.
$61,515gross/year
Affordability Status:Comfortable
Rent is 23% of gross income (29% of net pay)

At this income, median rent is only 23% of gross pay, leaving strong room for savings and essentials.

Monthly Budget AllocationEstimated Net Take-Home: $3,991/mo
Tax 22%
Rent 23%
Essentials 24%
Savings 31%
Taxes: $1,128/mo Rent: $1,172/mo Essentials: $1,250/mo Discretionary Margin: $1,569/mo

The trade-off

Relative strength: Citywide data. Watch closely: rent vs income.

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Frequently asked questions

What is the median household income in Greensboro?

The 2024 ACS 5-year estimate for median household income in Greensboro is $61,515.

How much is the median gross rent in Greensboro?

The 2024 ACS 5-year estimate for median gross rent in Greensboro is $1,172 per month.

Source ledger

Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.

Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.

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