Hourly Rate Salary in Greensboro, NC
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $76,213 | $37 |
| 75th Percentile | $46,829 | $23 |
| Average | $49,129 | $24 |
| 25th Percentile | $27,087 | $13 |
How much do you need to make to live comfortably in Greensboro NC?
The median household income in Greensboro is $39,400. However, to live comfortably in a one bedroom apartment in Greensboro, you should spend no more than 30% of your take home pay on rent. If a one bedroom apartment costs $985, you should earn $39,400 a year.
What is considered a good salary in North Carolina?
However, the majority of salaries considered in the average jobs category are between $39,820 and $59,528. Anyone who makes $72,400 a year is considered a top earner.
What is the average cost of living in Greensboro NC?
Greensboro cost of living is 83.9
| COST OF LIVING | Greensboro | USA |
|---|---|---|
| Grocery | 95.8 | 100 |
| Health | 112.3 | 100 |
| Housing | 62.2 | 100 |
| Median Home Cost | $193,600 | $291,700 |
What is middle class in Greensboro?
As a result, Greensboro has experienced population growth over the past decade of roughly two percent a year. Yet poverty has increased significantly. Between 2000 and 2009, the number of “middle class” households (i.e., those with incomes between $25,000 and $75,000) fell 28 percent.
What is a good salary in Greensboro NC?
Professional Salary in Greensboro, NC
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $87,232 | $42 |
| 75th Percentile | $56,012 | $27 |
| Average | $45,121 | $22 |
| 25th Percentile | $26,628 | $13 |
Why is rent so high in Greensboro NC?
You’ve got one that there’s more demand on the rental front,” he explains. “There are just more people who want to move out on their own, people who were staying with mom and dad during the pandemic. They’re ready to get out on their own. Then you have the rising home prices, and with that comes a higher carrying cost.
What is the poorest town in NC?
Lumberton, North Carolina was named the poorest city with a median household income at $28,293, among a population of 135,517.
What is middle class in NC?
North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St. analysis.
How much money do you need to live comfortably in North Carolina?
All told, North Carolinians may need about $3,191 per person, per month.
Is Greensboro NC affordable?
In fact, in 2018, the city of Greensboro ranked second for affordability out of the five largest cities in North Carolina. With North Carolina already being one of the more affordable states in the country, this makes Greensboro an extremely affordable place to live and one of the best places to live in North Carolina!
Is Greensboro NC A good place to live?
Greensboro is in Guilford County and is one of the best places to live in North Carolina. Living in Greensboro offers residents a dense suburban feel and most residents rent their homes. In Greensboro there are a lot of restaurants and parks.
How much is a gallon of milk in Greensboro NC?
Food prices
| Markets | Edit |
|---|---|
| Milk (regular), (1 gallon) | 3.10$ |
| Loaf of Fresh White Bread (1 lb) | 2.43$ |
| Rice (white), (1 lb) | 1.87$ |
| Eggs (regular) (12) | 1.58$ |
What salary is upper class in NC?
$30,023 is the 25th percentile. Salaries below this are outliers. $52,248 is the 75th percentile.
What is considered low income in North Carolina?
In North Carolina, a family of four must earn $52,946 a year in order to afford housing, food, child care, health care, transportation, taxes, and other necessities. Families are pursuing various strategies to cope with the low-wage labor market.
What is considered poverty in NC?
By the numbers: The latest five-year figures from the 2016-2020 American Community Survey reveal 14% of North Carolina residents earned incomes below the federal poverty line ($12,760 for a single person in 2020).
What is minimum wage near High Point NC?
$7.25
Living Wage Calculation for Greensboro-High Point, NC
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $16.12 | $17.30 |
| Poverty Wage | $6.19 | $5.28 |
| Minimum Wage | $7.25 | $7.25 |
Where is the best place to live in Greensboro NC?
Best Neighborhoods in Greensboro, NC
- Glenwood.
- Highland Park West.
- Latham Park.
- Starmount Forest.
- Sunset Hills.
- College Hill.
- Westerwood. Westerwood is another neighborhood that is close to downtown and nearby colleges.
- Adams Farm. Adams Farm is a neighborhood that promotes the safety, recreation, and welfare of its residents.
What is the most a landlord can raise rent in NC?
North Carolina law allows the Landlord to charge up to $15 or 5% of the rent, whichever is greater. A late fee can only be charged one time for each late rental payment.
Is it hard to rent in North Carolina?
North Carolina is one of the least accommodating states in the country for renters, according to a new study by the apartment search website RENTCafé. The report analyzed landlord-tenant laws in all fifty states and the District of Columbia and then ranked states based on those criteria.
What is the richest town in NC?
1. Cary, NC
- Median Income: $107,463.
- Unemployment Rate: 3.3%
- Population: 169,177.