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CITY

Greenwood

Illinois · 314 residents (2025 est.) · 2.656 sq mi
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The short version

Greenwood is significantly wealthier than the US average, with a median household income of $131,250. The city has more than doubled in size since 2000, adding 258 residents. Median home value has more than doubled since 2000, reaching $415,900. It ranks in the top 5% of US cities for household income. Households here earn about 57% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.8
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
Less affordable
home values up 32%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
502
+106%since 2000
from 244 in 2000
2000 – 2025
Population density
189 / sq mi
+106%since 2000
from 92 / sq mi in 2000
US average: 281
Median age
41.8
+10%since 2000
from 38.0 in 2000
US average: 38.9

PEP 2025 EST:314 residents (Census Bureau Vintage 2025, released March 2026)

Population, 2000 – 2024
1152363574785992000201020202024Greenwood
2024502
2000201020202024
Section 02

Income & economy

Median household income
$131,250
+28%inflation adjusted, since 2000
from $56,250 in 2000
US average: $82,259
2000 – 2024
Per capita income
$48,913
+155%since 2000
from $19,216 in 2000
US average: $44,673
Households earning $100K+
66.5%
+11.5 ptssince 2009
from 55.0% in 2009
US average: 53.3%
Poverty rate
12.5%
+5.3 ptssince 2000
from 7.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.370
+6%since 2010
from 0.348 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade18%
US avg: 9.9%
Finance & insurance14.2%
US avg: 5.9%
Professional, scientific, technical14.2%
US avg: 5.1%
Wholesale trade7.1%
US avg: 6.9%
Information7.1%
US avg: 10.8%
Agriculture, forestry, fishing6.4%
US avg: 1.6%
Construction6.4%
US avg: 1.2%
Transportation & warehousing1.9%
US avg: 2.2%
Arts, entertainment, food1.9%
US avg: 1.9%
Other services0.4%
US avg: 6.7%
Public administration0.4%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$415,900
+32%inflation adjusted, since 2000
from $173,400 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$1,366
−29%inflation adjusted, since 2000
from $1,050 in 2000
US average: $1,442
Owner-occupied
74.2%
−6.8 ptssince 2000
from 81.0% in 2000
25.8% rent
Vacancy rate
2.7%
−5.0 ptssince 2009
from 7.7% in 2009
US average: 10.0%
Owner cost-burdened
42.2%
+13.9 ptssince 2009
from 28.3% in 2009
US average: 22.9%
Renter cost-burdened
4.3%
+4.3 ptssince 2009
from 0.0% in 2009
US average: 47.4%
Afford Score
3.2
+3%since 2000
from 3.1 in 2000
2000 – 2024
Gentrification Score
61
RELATED:See current rent listings in Greenwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.8%(219)
Black0%(0)
Hispanic / Latino6.6%(16)
Asian2.5%(6)
Other0%
Diversity Score21.2%(52)
2024
White, non-Hispanic83.7%(420)
Black0%(0)
Hispanic / Latino11%(55)
Asian1.6%(8)
Other3.8%(19)
Diversity Score35.8%(180)
Diversity Score
36
+69%since 2000
from 21 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
29.2%
+6.0 ptssince 2000
from 23.2% in 2000
US average: 35.6%
High school or higher
96.9%
+3.5 ptssince 2000
from 93.4% in 2000
US average: 89.6%
Graduate degree
7.6%
+0.3 ptssince 2000
from 7.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.6 min
+56%since 2000
from 16.4 min in 2000
US average: 26.5
Drive alone to work
70.6%
−22.9 ptssince 2009
from 93.4% in 2009
US average: 68.9%
Carpooled to work
6.0%
+0.8 ptssince 2009
from 5.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
15.8%
+14.5 ptssince 2009
from 1.3% in 2009
US average: 15.0%
Walked to work
7.5%
+7.5 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.3%
Unchangedsince 2009
from 3.3% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.2%
−7.3 ptssince 2011
from 9.5% in 2011
US average: 5.2%
Labor force participation
66.9%
+4.4 ptssince 2011
from 62.5% in 2011
US average: 63.5%
Self-employed
12.0%
+1.5 ptssince 2009
from 10.5% in 2009
US average: 13.1%
Management & professional
41.6%
−15.0 ptssince 2009
from 56.6% in 2009
US average: 42.5%
Section 08

People & community

Male
52.0%
+1.0 ptssince 2009
from 51.0% in 2009
Female
48.0%
−1.0 ptssince 2009
from 49.0% in 2009
Foreign born
6.6%
+4.0 ptssince 2009
from 2.6% in 2009
US average: 14.1%
Veterans
3.8%
−48.2 ptssince 2009
from 52.0% in 2009
US average: 6.2%
With a disability
6.0%
−4.1 ptssince 2012
from 10.1% in 2012
US average: 13.3%
Uninsured
9.0%
−78.4 ptssince 2013
from 87.4% in 2013
US average: 8.4%
Broadband at home
94.5%
+10.7 ptssince 2017
from 83.8% in 2017
US average: 91.0%
English only at home
90.7%
−0.1 ptssince 2016
from 90.8% in 2016
US average: 77.7%
Spanish at home
7.7%
+0.2 ptssince 2016
from 7.5% in 2016
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Greenwood, Illinois?

Greenwood, Illinois has about 502 residents according to the 2024 American Community Survey.

What is the median household income in Greenwood, Illinois?

The typical household in Greenwood, Illinois earns about $131,250 a year. Half of households make more than that, and half make less.

Is Greenwood, Illinois expensive?

In Greenwood, Illinois, the median home is worth about $415,900, and the typical rent is about $1,366 a month.

How educated are people in Greenwood, Illinois?

About 29.2% of adults age 25 and over in Greenwood, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Greenwood, Illinois?

About 12.5% of people in Greenwood, Illinois live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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