Greenwood, Minnesota Housing

Greenwood, Minnesota has a population of 690, with a median household income of $185,400.

Current housing data for Greenwood.

$1,250,000

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Population

690

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Median Income

$185,400

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Unemployment

2.10%

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Housing Price

$1,250,000

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Crime Rate

4.20

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Internet Speed

1000.00 Mbps

Situated in Minnesota, Greenwood provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Greenwood has a population of 690, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Greenwood is $185,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Greenwood average around $1,250,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Greenwood is 2.10%, which is lower than the state average, indicating a relatively strong job market. Greenwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Overall, Greenwood offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Greenwood

What is the population of Greenwood?

The population of Greenwood is approximately 690.

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 $185,400.

How expensive is housing in Greenwood?

The average housing price in Greenwood is approximately $1,250,000.