Greenwood, Mississippi Median Income

Greenwood, Mississippi has a population of 12,500, with a median household income of $28,400.

Current median income data for Greenwood.

$28,400

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Population

12,500

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Median Income

$28,400

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Unemployment

12.80%

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Housing Price

$115,000

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Crime Rate

48.20

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Internet Speed

1000.00 Mbps

Greenwood is a small local community located in Mississippi. The city has a population that is above the average city population in Mississippi, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Greenwood is a notable city in Mississippi, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Greenwood has a population of 12,500, which is higher than the state average. This indicates a relatively larger urban presence within Mississippi.

Income and Economy

The median household income in Greenwood is $28,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Greenwood is about $115,000, making it relatively affordable compared to many cities in Mississippi.

Employment and Safety

The unemployment rate in Greenwood is 12.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Greenwood are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Mississippi, Greenwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Mississippi, Greenwood contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Greenwood

What is the population of Greenwood?

The population of Greenwood is approximately 12,500.

Is Greenwood a good place to live?

Greenwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Greenwood?

The median household income in Greenwood is around $28,400.

How expensive is housing in Greenwood?

The average housing price in Greenwood is approximately $115,000.