Cost of Living in Greensboro, GA

Population 3,603 · Georgia · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greensboro's median household income of $42,508 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (18% here). Unemployment has stayed elevated relative to the national figure — 9.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Greensboro is about 30 miles southeast of Athens-Clarke County, the nearest large metro. Median home values run roughly 41% lower than Athens-Clarke County's $272,000.

Cost Overview

Housing 52
Rent 49

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Greensboro

The median home value in Greensboro is $159,800 — 48% below the national median of $305,000. Median rent runs $643/month, 51% lower than the national median of $1,314/month. The median household income of $42,508/year is 43% lower than the US median of $74,580. The local unemployment rate is 9.3%, above the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. The climate averages highs of 72.5°F and lows of 51.3°F. Overall, Greensboro has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$159,800
48% below avg
Zillow Home Value
$708,324
Zillow ZHVI
Median Rent
$643/mo
51% below avg
Price-to-Rent Ratio
20.7x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$773
1 BR
$817
2 BR
$984
3 BR
$1,289
4 BR
$1,520
Owner-occupied 68.0%
Renter-occupied 32.0%

💰 Estimated Monthly Budget

Rent median rent
$643
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,257/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.0 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.7%

Commute Mode

Drove alone
77.8%
Carpooled
14.6%
Walked
5.9%
Work from home
1.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.5%
Total Sales Tax 7.3%
State rate 4.0%
Avg local rate 3.4%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$42,508
43% below avg
Per Capita Income
$36,466
Unemployment Rate
9.3%
93% above avg
Poverty Rate
18.0%
Labor Force Participation
54.4%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 9.6%

👥 Demographics

Median Age 49.1
Male median age 29.1
Female median age 60

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.5°F
Avg Low
51.3°F
Annual Precip
47.8"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 545865738187908883746456
Low °F 343743495866696863524237
Precip" 4.284.284.633.632.724.333.764.323.983.373.574.88

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
12.2:1
Student-teacher ratio
5
Public schools
2,650
Total enrollment

Frequently Asked Questions

What is the cost of living in Greensboro, GA?

Greensboro has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Greensboro, GA?

The median gross rent in Greensboro is $643 per month based on 2023 Census data.

What is the average home price in Greensboro?

The median home value in Greensboro is $159,800 according to Zillow and Census data.

What is the median income in Greensboro?

The median household income in Greensboro is $42,508 per year (2023 ACS 5-year estimates).

What is the sales tax in Greensboro, GA?

The combined state and local sales tax rate in Greensboro is 7.3%. The Georgia state income tax top rate is 5.5%.

Is Greensboro, GA affordable?

Yes, Greensboro is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

What is the weather like in Greensboro?

Greensboro has average high temperatures of 72.5°F and average lows of 51.3°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Greensboro at a Glance

Population
3,603
Median Income
$42,508
Home Value
$159,800
Median Rent
$643/mo
Unemployment
9.3%
Avg High Temp
72.5°F
Sales Tax
7.3%
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🗺️ County data for Georgia

Explore county-level cost of living data

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