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Greenwood, MN

Full City Profile · Minnesota · Carver County County

4.1 /5.0
A Great
720 Population 2,000/sq mi density
$199,063 Median Income $149,436 per capita
$1,041,700 Home Value $1,605,732 Zillow
$1,917 Median Rent 45.7% income on rent
45°F Avg Temperature 270 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$199,063 median income, 2.0% unemployment
B+
Affordability
3.7 / 5.0
$1,041,700 home value, $1,917/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
79.5% bachelor's degree or higher

Greenwood, MN

At a Glance

Median Income
$199,063
165% above
$149,436 per capita
Home Value
$1,041,700
270% above
Zillow: $1,605,732
Median Rent
$1,917/mo
65% above
45.7% of income on rent
Violent Crime
0/100K
100% below
398/100K property
Bachelor's Degree+
79.5%
136% above
100.0% high school+
Unemployment
2.0%
44% below
3.6% poverty rate
Obesity Rate
25.5%
21% below
10.1% smoking rate
Avg Temperature
45°F
270 sunny days/yr

How Greenwood Compares to the U.S. Average

Each bar shows Greenwood's value as a percentage of the national average (100% = U.S. avg)

Income
265%
Home Value
370%
Rent
165%
Poverty
29%
Bachelor's
236%
Unemployment
56%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Greenwood a Good Place to Live?

A
4.1 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Greenwood residents earn a median household income of $199,063 , which is 165% above the national average of $75,149. Per capita income is $149,436. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 3.6% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Greenwood is $1,041,700 , 270% above the national median of $281,900. Zillow estimates the typical home at $1,605,732. Median rent is $1,917/month, with 45.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1988.

Safety & Crime

Greenwood reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 398/100K.

Education

79.5% of adults in Greenwood hold a bachelor's degree or higher (136% above the national average). 100.0% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Greenwood has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 32.8 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population720
Median Age48.8 yrs
Density2,000/mi²
Male / Female53% / 47%
Foreign Born13.6%
Veterans3.5%

Economy

A+
Median Income$199,063
Per Capita$149,436
Unemployment2.0%
Poverty3.6%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

B+
Home Value$1,041,700
Rent$1,917
Ownership90.0%
Zillow$1,605,732
Housing Units335
Rent Burden45.7%

Crime

C+
Violent0/100K
Property398/100K

Health

Obesity25.5%
Diabetes6.2%
Smoking10.1%
Heart Disease4.3%
Premature Death3,990/100K

Climate

Avg Temp45°F
Sunny Days270/yr
Rain32.8 in/yr
AQI36 (Good)
Elevation952 ft

Education

A+
Bachelor's+79.5%
High School+100.0%
Graduate+28.6%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute25 min
Broadband99.3%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

The median home in Greenwood was built in 1988.
45.5% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (16 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.