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Greensboro

Learn about the people, housing, costs and businesses in Greensboro, Maryland

Median Home$283,900
Median Rent$1,122/month
Population2,041
Leading IndustriesFinance & Insurance · Information & Media6% finance & insurance
Home Value Growth+5.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners76% of occupied units
Greensboro
MD

Frequently Asked Questions

What are today's mortgage rates in Greensboro?

As of today, the 30-year fixed mortgage rate for Greensboro is approximately 6.919% (6.956% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Greensboro?

The median home value in Greensboro is $284k. The median monthly rent is $1,122. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Greensboro?

Home values in Greensboro have increased 5.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Greensboro?

Based on a typical all-in ownership cost of $1,311/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Greensboro is $63k/year.

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What industries drive the economy in Greensboro?

The largest employment sectors in Greensboro are public administration (18%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.