FAQs
In Greensboro, the 'living comfortably' estimate for a family of four is $203,674 ($87,110 for an individual). In Winston-Salem, it's $191,605 ($81,869 for an individual). The data included cost of necessities -- housing, food, transportation and income taxes in the cities analyzed.
Is Greensboro, NC cheap to live? ›
If you're looking to rent an apartment in Greensboro, the average one-bedroom unit will cost $1,082, which is far below the national average. These low housing costs make Greensboro an attractive option for those looking for an affordable place to live in a desirable part of North Carolina.
How do I get help finding housing in Greensboro NC? ›
If you need help finding rental housing, contact Greensboro Housing Coalition at 336-691-9521.
Is Greensboro NC a good place to retire? ›
Greensboro is a great choice for seniors. The small-town feel, low cost of living, and close proximity to major locations like Charlotte and the Raleigh and Durham area make it a great place to retire in North Carolina.
What is a livable hourly wage in NC? ›
Living Wage Calculation for North Carolina
| 1 ADULT | 2 ADULTS (BOTH WORKING) |
---|
| 0 Children | 2 Children |
---|
Living Wage | $21.56 | $25.16 |
Poverty Wage | $7.24 | $7.50 |
Minimum Wage | $7.25 | $7.25 |
How much does a single person need to live in North Carolina? ›
Slightly more than half—54%—of North Carolina's mid-career adults (25-44) had a family income greater than 300% of the federal poverty line in 2022. In 2022, a single adult with no children living in North Carolina would need to earn an annual income of at least $35,012 to meet this threshold.
What city in NC has the lowest cost of living? ›
7 Cheapest Places to Live in North Carolina
- Eden. Cost of Living Compared to National Average. ...
- Rocky Mount. Cost of Living Compared to National Average. ...
- Fayetteville. Cost of Living Compared to National Average. ...
- Thomasville. Cost of Living Compared to National Average. ...
- Asheboro. ...
- Burlington. ...
- Greenville.
Where is the best place to live in Greensboro, NC? ›
- College Hill. College Hill is located in the heart of Greensboro, close to the University of North Carolina at Greensboro. ...
- Downtown Greensboro. Downtown Greensboro is the bustling urban center of the city. ...
- Fisher Park. ...
- Lindley Park. ...
- New Irving Park. ...
- Old Irving Park. ...
- Westerwood.
What is the minimum wage in Greensboro NC? ›
The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage).
How long is it on the Greensboro housing waiting list? ›
In general, an applicant's wait for assisted housing may be months to several years. Where am I on the waiting lists? GHA does not give out numbers on the waiting list, simply because your position fluctuates as new applicants are added and others are taken off the waiting lists.
GHA's current payment standards are as follows:
0 Bedroom $1072. 1 Bedroom $1104. 2 Bedroom $1247. 3 Bedroom $1607.
Who qualifies for housing assistance in NC? ›
Eligibility is determined by your local public housing agency. Your family's income must be 50% or less of the median income for your county. Public housing agencies are required to distribute 75% of vouchers to applicants whose income is less than 30% of the median county income.
What is a good salary for Greensboro NC? ›
Average Salary in Greensboro, NC. $38,994 is the 25th percentile. Salaries below this are outliers. $66,411 is the 75th percentile.
Where do most seniors live in NC? ›
Where do most seniors live in North Carolina? According to research by Home Bay, the highest population of seniors is in Asheville, at 30%.
Why is Greensboro so popular? ›
Known for its rich history, vibrant culture, academic opportunities, and thriving community spirit, Greensboro offers endless activities for visitors and residents alike. With its distinctive blend of Southern charm and contemporary allure, this city has something for residents and visitors alike.
What is considered high income in NC? ›
Upper Class Salary in North Carolina
| Annual Salary | Hourly Wage |
---|
Top Earners | $66,499 | $32 |
75th Percentile | $52,581 | $25 |
Average | $50,093 | $24 |
25th Percentile | $30,156 | $14 |
What annual salary is enough to live comfortably? ›
Key Findings. On average, an individual needs $96,500 for sustainable comfort in a major U.S. city.
How much does it cost to live independently in North Carolina? ›
What are the costs of independent living by state?
State | Median price |
---|
North Carolina | $3,281 |
North Dakota | $2,880 |
Ohio | $2,872 |
Oklahoma | $2,495 |
47 more rowsNov 21, 2023
What is considered low income in North Carolina? ›
In North Carolina, seniors are considered low income when they earn less than 80% of the area median income, which the U.S. Census reports as $60,516 for households and $34,209 for individuals as of 2021.