Quick facts: Greenville, NC

Quick Facts

100.6
Cost of Living
above US average
89,233
Population
33.01
Crime Rate per 1000
above US average
$47,485
Median Income
below US average
$235,000
Median House Price
above US average
$1426.32
Average Rent
above US average
23%
Poverty Rate
above US average
5.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $47,485.

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Income Needed to Buy

βœ— Stretch
$74k/year
Based on $235,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $74k vs median $47,485
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Income Needed to Rent

⚠ Stretch
$61k/year
Based on $1426.32/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $61k vs median $47,485
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Greenville, NC

Greenville, North Carolina, is a vibrant city located in the eastern part of the state. Known for its rich history and strong sense of community, it is home to East Carolina University (ECU), which infuses the area with youthful energy and cultural diversity. The city boasts a thriving downtown area with a variety of shops, restaurants, and entertainment venues that cater to both residents and students. Greenville features numerous parks and recreational opportunities, including the Tar River, where residents can enjoy activities such as kayaking and fishing. The city's history is reflected in its charming architecture, with several historic buildings and sites that visitors can explore. With a warm climate, Greenville offers outdoor festivals and community events year-round, fostering a sense of belonging among its residents. The city is also known for its growing healthcare and agricultural sectors, contributing to a diverse economy. Overall, Greenville presents a blend of academic life, community spirit, and southern hospitality, making it an appealing place to live and visit.

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