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
Income Overview
Median Household Income
$199,063
165% above
US avg: $75,149
Per Capita Income
$149,436
283% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
3.6%
71% below
US avg: 12.4%
Income Comparison: Greenwood vs. U.S. Average
Each bar shows Greenwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$199,063
265%
Per Capita
US: $39,052
$149,436
383%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
45.5%
199% above US avg (15.2%)
Drive Alone
44.3%
39% below US avg (73.2%)
Public Transit
0.7%
86% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
44.3%
Public Transit
0.7%
Work From Home
45.5%
Other
9.5%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153
Tax & Financial
IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $199,063 |
| Per Capita Income | $149,436 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 3.6% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 44.3% |
| Public Transit | 0.7% |
| Work From Home | 45.5% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |
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