FY 2024-2025 Final Adopted Budget

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 Ŷ ĞƐƚŝŵĂƚĞĚ population of 3 ϬϮ͕Ϯϵϲ and presently covers a land area of approximately 139.4 square miles. In the past 10 years

population growth has averaged ϭ͘ Ϯ percent per year. Since 2020, 4.4 square miles or 2,816 acres were added, an increase of 3.3 percent.

Ύ ge Demographic under 18 2 Ϯ͘Ϭ % 18 - 24 1 ϰ͘ϰ % 25 - 44 27. ϴ % 45 - 64 2 ϭ͘ϰ % over 65 1 ϰ͘ϰ %

Ύ Racial Demographic Black or African-American ĂůŽŶĞ White ĂůŽŶĞ͕ not Hispanic Žƌ >ĂƚŝŶŽ Hispanic or Latino ŽĨ ĂŶLJ ƌĂĐĞ

Population

42. ϭ % 3 ϴ . ϳ % ϵ . Ϯ % ϰ͘ϰ % 3. ϵ % ϭ͘Ϯ % 0. ϰ % 0.0%

2010 2015 2020 202 ϯ

269,666 285,344 299,035 30 Ϯ͕ Ϯϵϲ

Asian ĂůŽŶĞ

Two or More Races Some Other Race Alone

American Indian or Alaska Native Hawaiian & Other Pacific Islander

(Source: US Census Bureau, ϮϬϮϯ Population Estimates Program; ΎϮϬϮϮ American Community Survey)

The City of Greensboro population has increased approximately ϭϮ͘ϭ % from 2010 - 202 ϯ . The City is racially and culturally diverse. The majority of residents are aged 25 to 64 years old, making up ŶĞĂƌůLJ half of the population.

Unemployment rates for the City have declined steadily over the last 10 years. However, in 2020, there ǁĂ s a sharp increase in unemployment rates, due largely to C Ks/ Ͳ 19.

Unemployment Rates (March, 202 ϰ )

Greensboro

4.2% ϯ͘ϵ % 3.5% 3. ϴ %

Guilford County North Carolina United States

Bureau of Labor Statistics, Local Area Unemployment Statistics