NAICS 44-45

Retail Trade in Greensboro-High Point, NC

Metro Market Score 56.3 (Challenging), ranked #212 of 378 metros. 2,766 establishments, 40,380 jobs.

Metro Market Assessment

Metro Market Score 56.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national retail trade average.

⚡Rising Wages

Market conditions for retail trade in Greensboro-High Point are tougher than average. The 56.3 market score reflects a combination of high labor costs, mixed growth signals, and moderate competition. Rank: #212 of 378 metros.

Industry Concentration
48.7
LQ: 1.13
Rank #184 of 378 metros
Wage Competitiveness
67.7
$39,752 avg wage
Growth Trend
↑ 56.9
Employment growth index
Rank #164 of 378 metros
Wage Pressure
71.5
YoY wage change index

2,766 Retail Trade Firms in Greensboro-High Point

2,766
Establishments
-1.9% YoY
40,380
Total Employment
+0.0% YoY
$39,752
Average Annual Wage
+1.9% YoY
1.13
Location Quotient
Above national avg

Greensboro-High Point vs North Carolina Statewide

How this metro's retail trade market compares to North Carolina overall. The state ranks #25/51 for entry risk.

Measure Greensboro-High Point NC Statewide
Overall Score 56.3 Challenging 43.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #212 of 378 metros #25 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Greensboro-High Point

Healthcare and Social Assistance 41.1 Construction 43.0 Administrative and Support Services 47.7 Information 49.0 Accommodation and Food Services 49.3 Professional, Scientific, and Technical Services 49.9 Other Services 50.8 Real Estate and Rental and Leasing 58.0 Finance and Insurance 72.1

Retail Trade in Other North Carolina Metros

Durham-Chapel Hill 40.3 #51/378 Wilmington 42.4 #61/378 Hickory-Lenoir-Morganton 42.7 #65/378 Raleigh-Cary 44.4 #78/378 Goldsboro 45.0 #83/378 Pinehurst-Southern Pines 47.0 #99/378 Charlotte-Concord-Gastonia 50.4 #146/378 Rocky Mount 56.1 #210/378 Winston-Salem 60.3 #256/378 Burlington 61.6 #274/378

+ 4 more metros. View all in North Carolina →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Greensboro-High Point's retail trade sector, the wage competitiveness component (67.7) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.