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Economy, jobs and prices in Greenwood, Indiana: official figures

The median household income in Greenwood was $83,608 a year in the 2020-2024 American Community Survey (in 2024 dollars), 377th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Indiana median $71,957.

Median household income
$83,608
2020-2024
Unemployment rate (ACS)
2.6%
2020-2024
Mean travel time to work
24.8 min
2020-2024
Median gross rent (monthly)
$1,312
2020-2024
Median home value (owner-occupied)
$276,100
2020-2024
Homes occupied by their owners
59.3%
2020-2024
Households with a broadband subscription
94.1%
2020-2024

What is the per capita income in Greenwood?

Income per resident (per capita income) in Greenwood averaged $40,074 a year in 2020-2024, 399th lowest of 823 US cities of 50,000 or more (US: $44,673; Indiana: $38,351).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Greenwood?

Greenwood's Gini index of household income inequality was 0.382 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 44th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Greenwood, Indiana?

2.6% of the civilian labor force in Greenwood was unemployed on average over 2020-2024 (951 people), 20th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Indiana's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Greenwood are working?

69.2% of Greenwood's 52,261 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 199th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Greenwood have jobs?

35,146 residents of Greenwood held civilian jobs, 67.3% of those aged 16 and over (US: 59.7%), and 52 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Greenwood?

The largest industry group for working residents of Greenwood was education, health care and social assistance (24.1% of employed residents), followed by retail trade (13.3%) and manufacturing (12.6%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Greenwood work in manufacturing?

Manufacturing employed 12.6% of working residents of Greenwood, 162nd highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 11.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Greenwood, Indiana?

Commuters in Greenwood took 24.8 minutes on average to get to work in 2020-2024, 393rd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.3% travelled an hour or more and 24.9% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Greenwood get to work?

12.0% of workers living in Greenwood worked from home in 2020-2024, 319th lowest of 823 US cities of 50,000 or more (US: 15.1%). 77.7% drove to work alone, 7.4% carpooled, 0.4% used public transport and 1.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Greenwood, Indiana?

The median gross rent (rent plus utilities) in Greenwood was $1,312 a month in 2020-2024, 260th lowest of 823 US cities of 50,000 or more (US: $1,413; Indiana: $1,062).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Greenwood?

Owner-occupied homes in Greenwood had a median value of $276,100 in 2020-2024 as estimated by their owners, 235th lowest of 823 US cities of 50,000 or more (US: $332,700; Indiana: $218,200).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Greenwood?

The median home value in Greenwood was 3.3 times the median household income, 151st lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Greenwood, Indiana own their home?

59.3% of the 26,415 occupied homes in Greenwood were lived in by their owners in 2020-2024 and 10,753 were rented, 382nd highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Indiana: 70.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Greenwood have broadband?

94.1% of households in Greenwood had a broadband internet subscription of some type in 2020-2024, 273rd highest of 823 US cities of 50,000 or more (US: 91.0%; Indiana: 89.9%).

Source: U.S. Census Bureau · saved copy

How many households in Greenwood have no internet?

3.5% of households in Greenwood (928) had no internet access at home in 2020-2024, 256th lowest of 823 US cities of 50,000 or more (US: 6.5%); 7.7% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Greenwood compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Greenwood ranks 377 of 823, highest first.

RankCityMedian household income (2024 dollars)
374Boise City$83,904
375Bayonne$83,887
376Waukesha$83,837
377Greenwood$83,608
378Yonkers$83,549
379Everett$83,512
380Danbury$83,393
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Greenwood ranks 425 of 823, highest first.

RankCityPer capita income (2024 dollars)
422Port Orange$40,235
423Corvallis$40,092
424Spokane$40,080
425Greenwood$40,074
426Yucaipa$39,987
427Conroe$39,945
428Las Vegas$39,906
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Greenwood ranks 780 of 823, highest first.

RankCityGini index of household income inequality
777Moreno Valley0.382
778Citrus Heights0.382
779Bolingbrook0.382
780Greenwood0.382
781Tracy0.381
782Nampa0.381
783Lacey0.381
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Greenwood ranks 804 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
801Logan2.6%
802Sandy2.6%
803Columbia2.6%
804Greenwood2.6%
805Sherman2.6%
806Rapid City2.6%
807Bismarck2.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Greenwood ranks 199 of 823, highest first.

RankCityLabor force participation rate (16 and over)
196Plano69.2%
197Revere69.2%
198La Mesa69.2%
199Greenwood69.2%
200Cary69.1%
201Ogden69.1%
202Pearland69.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Greenwood ranks 393 of 823, highest first.

RankCityMean travel time to work (minutes)
390Round Rock24.9
391Denver24.9
392Santa Monica24.8
393Greenwood24.8
394Euless24.8
395Tampa24.8
396El Cajon24.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Greenwood ranks 505 of 823, highest first.

RankCityWorkers who worked from home
502Ames12.1%
503Caldwell12.1%
504Columbus12.1%
505Greenwood12.0%
506Norman12.0%
507Syracuse12.0%
508Detroit12.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Greenwood ranks 639 of 823, highest first.

RankCityWorkers commuting by public transportation
636Beaumont0.4%
637Camarillo0.4%
638Temple0.4%
639Greenwood0.4%
640Laguna Niguel0.4%
641Abilene0.4%
642Bakersfield0.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Greenwood ranks 162 of 823, highest first.

RankCityEmployed residents working in manufacturing
159Goose Creek12.7%
160Irvine12.7%
161Schaumburg12.7%
162Greenwood12.6%
163Pleasanton12.6%
164El Monte12.6%
165Kansas City12.6%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Greenwood ranks 314 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
311Virginia Beach24.2%
312Chicago24.2%
313Tempe24.1%
314Greenwood24.1%
315Santa Rosa24.1%
316Battle Creek24.1%
317La Habra24.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Greenwood ranks 564 of 823, highest first.

RankCityMedian gross rent per month
561Odessa$1,315
562Olathe$1,314
563Greenville$1,312
564Greenwood$1,312
565Hanford$1,309
566Clarksville$1,307
567Baytown$1,307
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Greenwood ranks 589 of 823, highest first.

RankCityMedian value of owner-occupied homes
586Gastonia$277,600
587Ames$277,400
588Kannapolis$276,400
589Greenwood$276,100
590Bridgeport$274,900
591Aurora$274,800
592Chicopee$274,500
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Greenwood ranks 670 of 820, highest first.

RankCityMedian home value as a multiple of median household income
667Dearborn3.3x
668Columbus3.3x
669Lee's Summit3.3x
670Greenwood3.3x
671Blaine3.3x
672Missouri City3.3x
673Normal3.3x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Greenwood ranks 382 of 823, highest first.

RankCityOccupied homes lived in by their owners
379Coeur d'Alene59.5%
380Duluth59.4%
381Smyrna59.4%
382Greenwood59.3%
383Pharr59.1%
384Topeka59.0%
385South San Francisco59.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Greenwood ranks 273 of 823, highest first.

RankCityHouseholds with a broadband subscription
270Westminster94.2%
271Merced94.1%
272Skokie94.1%
273Greenwood94.1%
274Santa Monica94.1%
275Thousand Oaks94.1%
276Alexandria94.1%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Greenwood ranks 568 of 823, highest first.

RankCityHouseholds with no internet access
565Vista3.5%
566Buena Park3.5%
567Anchorage3.5%
568Greenwood3.5%
569Marysville3.5%
570Denton3.5%
571Hoboken3.5%
Source: U.S. Census Bureau · saved copy

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Sources

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