Living in Greenwood, Florida
Cost of living, income, home prices, rent and demographics of Greenwood · Census data 2020–2024
Greenwood has 803 residents with a median age of 40.3. The median household income is $46,023 (38% lower than the Florida median), the median home value is $96,400, the median rent is $907/month.
Greenwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Greenwood at a glance
- Population
- 803
- Median age
- 40.3State: 42.6
- Median household income
- $46,023State: $74,568
- Median home value
- $96,400State: $359,000
- Median rent
- $907/moState: $1,669
- Homeowners
- 71.1%
- Bachelor's degree or higher
- 21.9%
- Average commute
- 29 min
Is Greenwood a good place to live?
Pros: Home values 73% lower than the state median; unemployment of 0.9%.
Cons: Median household income 38% lower than the Florida median; an average commute of 29 minutes; a poverty rate of 13.7%.
The weather is best in March–April and October–November.
Cost of living in Greenwood
Housing is the biggest part of the cost of living. In Greenwood the median home value is $96,400, 71% lower than the U.S. median. Renters pay a median of $907 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,097 a month in housing costs.
Greenwood median household income
The median household income in Greenwood is $46,023 and the income per person is $25,244. 13.7% of residents live below the poverty line (Florida: 12.6%).
Housing in Greenwood: homes for sale and rent
- Housing units
- 300
- Owner-occupied
- 71.1%
- Renter-occupied
- 28.9%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.97
Greenwood demographics
- Population
- 803
- Median age
- 40.3
- Under 18
- 21%
- 65 and older
- 12%
- Households
- 270
- Foreign-born
- 1.4%
- Veterans
- 15.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Greenwood ›
Education in Greenwood
21.9% of adults 25 and older in Greenwood have a bachelor's degree or higher (Florida: 34.1%), and 6.2% have a graduate or professional degree.
Jobs and commute in Greenwood
- Unemployment rate
- 0.9%State: 4.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 3.7%
- Drive alone
- 92.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.5%
Greenwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Greenwood | 803 | $46,023 | $96,400 | $907 |
| Bascom | 137 | $74,000 | $95,000 | — |
| Malone | 1,998 | $45,000 | $82,500 | $684 |
| Marianna | 7,150 | $40,414 | $98,700 | $861 |
| Cottondale | 822 | $36,959 | $79,200 | $1,085 |
| Grand Ridge | 997 | $68,750 | $106,500 | $902 |
| Cottonwood | 971 | $34,468 | $111,500 | $339 |
| Jacob City | 230 | $37,917 | $62,500 | $798 |
| Campbellton | 217 | $50,208 | $77,100 | $1,125 |
More for people moving to Greenwood
Greenwood ZIP code ›Weather and climate ›Living in Greenwood: FAQ
What is the median household income in Greenwood, FL?
The median household income in Greenwood is $46,023, 38% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Greenwood?
The median home value in Greenwood is $96,400, compared with $359,000 in Florida.
How much is rent in Greenwood?
The median gross rent in Greenwood is $907 per month, about 24.2% of household income.
Is Greenwood, FL a good place to live?
Pluses: home values 73% lower than the state median; unemployment of 0.9%. Minuses: median household income 38% lower than the Florida median; an average commute of 29 minutes; a poverty rate of 13.7%.
What is the median age in Greenwood?
The median age in Greenwood is 40.3 years (Florida: 42.6).
How long is the commute in Greenwood?
The average commute to work in Greenwood is 29 minutes; 3.7% of workers work from home.
What is the unemployment rate in Greenwood?
The unemployment rate in Greenwood is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Greenwood?
21.9% of adults in Greenwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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