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Greenwood, IL

Illinois · Metropolitan Area

Greenwood is a small town in Illinois with a population of 559. Residents earn $138,750 per year, which is 85% above the national average.

4.5 /5.0
A+ Excellent
559 Population 210/sq mi density
$138,750 Median Income $44,217 per capita
$407,300 Home Value
$1,370 Median Rent 9.0% income on rent
49°F Avg Temperature 260 sunny days/yr
A+
Overall
4.5 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$138,750 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$407,300 home value, $1,370/mo rent
B+
Education
3.6 / 5.0
32.1% bachelor's degree or higher
Median Income $138,750
85% higher than US avg
Home Value $407,300
44% higher than US avg
Bachelor's+ 32.1%
5% lower than US avg
Median Rent $1,370
18% higher than US avg
Obesity Rate 32.5%
1% higher than US avg
Unemployment 1.5%
58% lower than US avg
Poverty Rate 6.1%
51% lower than US avg

How Greenwood Compares to the U.S. Average (100% = U.S. avg)

People

Population559
Median Age41.7 yrs
Density210/mi²
Male / Female49% / 51%
Largest GroupWhite 82%
Veterans3.5%

Economy

A+
Median Income$138,750
Per Capita$44,217
Unemployment1.5%
Poverty6.1%
County GDP$15,983M
Commute27 min

Housing

A+
Home Value$407,300
Rent$1,370
OwnershipN/A
Housing Units188
Rent Burden9.0%

Health

Obesity32.5%
Uninsured9.0%
Smoking12.0%
Depression23.1%
Heart Disease4.7%

Climate

Avg Temp49°F (9°C)
AQI43 (Good)
Rain37.0 in/yr
Sunny Days260/yr
Elevation888 ft (271 m)

Education

B+
Bachelor's+32.1%
High School+93.4%
Graduate+8.0%
School Score5.34

Community

2024 VoteR 52% / D 47%
Commute27 min
Broadband96.7%
Libraries13

Is Greenwood a Good Place to Live?

Based on current data, Greenwood receives an overall livability score of 4.5 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, abundant sunshine, a low poverty rate. Areas to be aware of include high housing costs. Greenwood stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Greenwood is $138,750, which is significantly higher than the national average — 85% above $75,149. This places Greenwood among higher-income communities. The job market is very strong with unemployment at just 1.5%. Only 6.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Greenwood is $407,300, 44% above the national median. Renters pay a median of $1,370 per month. At just 2.9x median income, home prices are very affordable relative to local earnings.

Education

32.1% of residents hold a bachelor's degree, below the national average of 33.7%. 93.4% have completed high school. Area schools have an average test score of 5.3/10.

Climate & Weather

Greenwood experiences four distinct seasons with an average temperature of 49°F. Winters average 22°F in January while summers reach 73°F in July. With 260 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 37.0 inches, including 34.5 inches of snow. Air quality is rated Good with a median AQI of 43.

Greenwood has a population of 559 with a density of 210 people per square mile. The median age is 41.7 years, 7% older than the national median of 38.9. The city is predominantly White (82.3%), with 5.4% Hispanic.

Population

559
Total Population
210
People / sq mi
41.7yrs
Median Age
7% above US avg
2.7mi²
Land Area

Gender Distribution

Male 48.8%
Female 51.2%

Race & Ethnicity

Greenwood vs U.S. Average

Language Spoken at Home

English Only89.8%
14% above US avg
Spanish10.2%
24% below US avg

Social Characteristics

Greenwood vs U.S. Average

The median household income in Greenwood is $138,750, which is 85% above the national average of $75,149. The unemployment rate is 1.5% (below the 3.6% US average). 6.1% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Greenwood vs U.S.

Commute Mode

Income

Median HH Income$138,750
85% above US avg
Per Capita Income$44,217
Avg Weekly Wage$1,060
IRS Avg AGI$93,804

Employment & Poverty

Unemployment1.5%
58% below US avg
Poverty Rate6.1%
51% below US avg
Establishments (County)7,928
County GDP$15,983M

Business (County)

Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax & Cost of Living

Property Tax (IRS)$8,712
149% above US avg
Cost of Living100.00 (100=avg)
Effective Tax Rate2.14%

Commute & Transportation

Commute Time26.5 min
Drive Alone70.3%
Public Transit0.0%
Work from Home15.7%

Walkability

The median home value in Greenwood is $407,300, 44% above the national average. Monthly rent averages $1,370 (18% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$407,300
44% above US avg

Real Estate Market (Redfin)

$/Sq Ft$294
Homes Sold1
Sale-to-List Ratio101.9%
Price Drops0.0%
Inventory1

Rental Costs

Census Median Rent$1,370
18% above US avg
Rent Burden9.0%

HUD Fair Market Rent

Studio$774
1 Bedroom$854
2 Bedrooms$1,063
3 Bedrooms$1,370
4 Bedrooms$1,561

Ownership & Property

Owner-Occupied78.9%
Housing Units188
Median Year Built1969

Property Tax

Avg Tax (IRS)$8,712
149% above US avg
Effective Rate2.14%
In Greenwood, 32.5% of adults are obese (above the 32.1% national rate). 9.0% of residents lack health insurance. 12.0% are current smokers. 23.1% report depression. 20.4% are physically inactive.

Health Metrics: Greenwood vs U.S. Average (%)

Chronic Conditions

Obesity32.5%
1% above US avg
Diabetes8.7%
Heart Disease4.7%
High Blood Pressure29.7%
Asthma9.9%
COPD5.1%
Cancer7.2%
Stroke2.5%

Behaviors & Mental Health

Smoking12.0%
14% below US avg
Binge Drinking20.9%
Physical Inactivity20.4%
Depression23.1%
Mental Distress17.1%
Physical Distress11.3%
Short Sleep30.8%

Healthcare Access

Insurance Rate93.0%
Uninsured9.0%
5% above US avg
Checkup Rate74.8%
Dental Visits68.0%
Premature Death5,730/100K

Food & Exercise

Food Environment8.8/10
Exercise Access93.1%
Healthcare Facilities846
Greenwood has an average annual temperature of 49°F (9°C). Winters average 22°F in January while summers reach 73°F in July. Annual precipitation is 37.0 inches. The area enjoys 260 sunny days per year. Air quality is rated Good with a median AQI of 43.

Temperature

22°F Jan (-6°C) 73°F Jul (23°C)
Annual Average48.6°F
10% below US avg
January Average22°F (-6°C)
July Average73°F (23°C)
Sunny Days260 days/yr

Precipitation & Snow

Annual Rainfall37.0 inches
3% below US avg
Snowfall34.5 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation888 ft (271 m)
Area2.7 sq mi (6.9 km²)
Population Density210/sq mi
Coordinates42.3954°N, 88.3838°W
TimezoneAmerica/Chicago
County FIPS17111
It is classified as Metro — 1 million+. 32.1% of residents hold a bachelor's degree or higher (5% below US avg). In the 2024 election, the county voted Republican by a 5.3-point margin. 96.7% of households have broadband internet.

2024 Presidential Election (County)

R 51.9%
D 46.6%

Winner: Republican by 5.3 points

Education

Bachelor's Degree+32.1%
5% below US avg
High School+93.4%
Graduate Degree+8.0%
School Test Score5.34
B+ Education Grade (3.6/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density210/sq mi
Total Area2.7 sq mi

Infrastructure & Services

Broadband Access96.7%
Public Libraries13
Healthcare Facilities846
Restaurants645
Retail Stores816

Safety & Disasters

Fatal Crashes (County/yr)18

Commute & Transportation

Avg Commute26.5 min
Drive Alone70.3%
Public Transit0.0%
Work from Home15.7%

Nearby Cities

Wonder Lake, IL 4,141 pop · 1.9 mi McCullom Lake, IL 1,087 pop · 4.8 mi Bull Valley, IL 1,121 pop · 5.1 mi Hebron, IL 1,458 pop · 5.5 mi Richmond, IL 2,530 pop · 6.1 mi McHenry, IL 27,774 pop · 6.2 mi Woodstock, IL 26,316 pop · 6.5 mi Johnsburg, IL 6,374 pop · 7.0 mi Spring Grove, IL 5,866 pop · 8.3 mi Genoa City, WI 2,967 pop · 8.4 mi Pistakee Highlands, IL 3,214 pop · 8.8 mi Lakemoor, IL 5,878 pop · 10.0 mi Prairie Grove, IL 1,992 pop · 10.2 mi Fox Lake, IL 10,872 pop · 10.4 mi
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