FINAL ADOPTED BUDGET FY2022-23

CITY PROFILE

Community The City of Greensboro is located in central piedmont North Carolina, midway between Washington, D.C. and Atlanta. The Town was incorporated in 1808 and is the county seat of Guilford County. Greensboro has a

population of 299,035 and presently covers a land area of approximately 138 square miles. In the past 10 years population growth has averaged 1 to 2 percent per year with the most notable increase of 5.7 percent occurring between 2007 and 2008, due primarily to significant City initiated annexations in the northwest region. Since 2000, 16,377 acres were added or 29 square miles, an increase of 23 percent.

Age Demographic under 18 22.0% 18 24 13.1% 25 44 27.9% 45 64 23.5% over 65 13.5%

Racial Demographic

Population

2005 2010 2015 2020

208,552 269,666 285,344 296,725

White (not Hispanic) Black or African American American Indian or Alaska Native Hawaiian & Other Pacific Islander Some Other Race Alone Asian

40.03% 41.99% 0.58% 5.07% 0.05% 5.64% 6.63%

Two or More Races

(Source: US Census Bureau, 2010 & 2020 Decennial Census)

The City of Greensboro population has increased approximately 10.9% from 2010 2020. The City is racially and culturally diverse. The majority of residents are aged 25 to 64 years old, making up over half of the population. Unemployment rates for the City have declined steadily over the last 10 years. However, in 2020, there is a sharp increase in unemployment rates, due largely to Covid 19.

Unemployment Rates (April, 2022)

Greensboro

4.3% 4.0% 3.4% 3.3%

Guilford County North Carolina United States

Bureau of Labor Statistics, Local Area Unemployment Statistics