Median Income
$47,600
37% lower than US avg
Home Value
$220,000
22% lower than US avg
Bachelor's+
4.5%
87% lower than US avg
Median Rent
$604
48% lower than US avg
Unemployment
18.9%
425% higher than US avg
Poverty Rate
26.2%
111% higher than US avg
How Greenwood Compares to the U.S. Average (100% = U.S. avg)
People
Population702
Median Age61.6 yrs
Density752/mi²
Male / Female54% / 46%
Largest GroupWhite 94%
Economy
D
Median Income$47,600
Per Capita$31,600
Unemployment18.9%
Poverty26.2%
Commute26 min
Housing
A
Home Value$220,000
Rent$604
OwnershipN/A
Housing Units375
Rent Burden16.0%
Climate
Avg TempN/A
AQIN/A
Elevation3,173 ft
Education
F
Bachelor's+4.5%
High School+38.4%
Graduate+1.5%
Is Greenwood a Good Place to Live?
Based on current data, Greenwood receives an overall livability score of 2.4 out of 5.0, earning a grade of C. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Greenwood has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Greenwood is $47,600, 37% below the national average of $75,149. At 18.9%, unemployment is notably high. The poverty rate of 26.2% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Greenwood is $220,000, 22% below the national median — offering relatively affordable homeownership. Renters pay a median of $604 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.6x indicates a reasonably affordable housing market.
Education
4.5% of residents hold a bachelor's degree, below the national average of 33.7%. 38.4% have completed high school.
Greenwood has a population of 702 with a density of 752 people per square mile. The median age is 61.6 years, 58% older than the national median of 38.9. The city is predominantly White (94.1%), with 4.6% Asian.
Population
702
Total Population
2021 Census
61.6yrs
Median Age
58% above US avg
Race & Ethnicity
Greenwood vs U.S. Average
Language Spoken at Home
| English Only | 91.4% |
| 16% above US avg |
| Spanish | 2.1% |
| 84% below US avg |
| Other Languages | 6.4% |
Social Characteristics
Greenwood vs U.S. Average
The median household income in Greenwood is $47,600, which is 37% below the national average of $75,149. The unemployment rate is 18.9% (above the 3.6% US average). 26.2% of residents live below the poverty line. Workers commute an average of 26 minutes.
Income: Greenwood vs U.S.
Income
| Median HH Income | $47,600 |
| 37% below US avg |
| Per Capita Income | $31,600 |
Employment & Poverty
| Unemployment | 18.9% |
| 425% above US avg |
| Poverty Rate | 26.2% |
| 111% above US avg |
Commute & Transportation
| Commute Time | 25.5 min |
| Drive Alone | 86.7% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Greenwood is $220,000, 22% below the national average. Monthly rent averages $604 (48% below US avg).
Home Values
| Census Median | $220,000 |
| 22% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $604 |
| 48% below US avg |
| Rent Burden | 16.0% |
Ownership & Property
| Owner-Occupied | 88.0% |
| Renter-Occupied | 12.0% |
| Housing Units | 375 |
Property Tax
Health Metrics: Greenwood vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Greenwood vs U.S. Average (per 100,000)
Geography
| Elevation | 3,173 ft (967 m) |
| Area | 0.9 sq mi (2.4 km²) |
| Population Density | 752/sq mi |
| Coordinates | 49.0998°N, 118.6856°W |
| Timezone | America/Vancouver |